March 31, 2022

China economic activity gauge falls to 2nd lowest on record in March

Copper prices comfortably above $10,000 and iron ore prices at 7-month highs continue to defy predictions as Chinese PMIs drop into contraction territory.

March 31, 2022

Biden team weighs a massive release of oil to combat inflation

West Texas Intermediate futures dropped as much as 5.5% on Thursday on signs the U.S. was considering the release.

March 31, 2022

Copper tightness ‘is far beyond a price issue,’ Freeport CEO says

"The market is going to need it far faster than companies like ours can produce it.”

March 31, 2022

Biden invokes Cold War powers to boost EV battery production

This could help mining companies access $750 million under the Defense Production Act’s Title III fund.

March 31, 2022

Trafigura is delivering Russian copper to LME warehouses

LME copper inventories rose by 10,850 tonnes, or 13%, in the past three days.

March 31, 2022

Airbus seeks titanium sources beyond Russia to safeguard production ramp-up

The planned ramp-up to a rate of 65 A320-family narrow-bodies per month by mid-2023 is the number one priority for the group.

March 31, 2022

Copper price down on China demand concerns

China is grappling with the worst resurgence of covid-19 cases since early 2020.

March 31, 2022

Miners need to invest over $100 billion to meet copper demand

The global copper industry needs to build mines that close what could be an annual supply deficit of 4.7 million tonnes by 2030, says CRU.

March 30, 2022

Australian uranium explorers Deep Yellow, Vimy agree on $493m merger deal

The deal comes as uranium prices nearly doubled last year amid a global push for renewable power.

March 30, 2022

Zinc price to remain high in the near term on Russia-Ukraine conflict – report

Fitch Solutions revises 2022 zinc price to $3,500/t from $2,900/t expected previously.