January 12, 2023

Metals prices could spike with markets so tight, Trafigura says

“We could be pushed into extreme price levels,” Jeremy Weir, the commodity trader’s chief executive officer, said.

January 11, 2023

UK to deepen collaboration on critical minerals with Saudi Arabia

Partnership could see Saudi investment in the UK’s manufacturing and mining finance sectors.

January 11, 2023

Ivanhoe Electric ties up with Saudi Arabia’s Ma’aden

The companies have formed a 50/50 joint venture to explore for metals considered key for the global energy transition.

January 10, 2023

Mystery buyer helped fuel nickel squeeze with $600 million bet

The mystery buyer represented 13% of net buying in the market on March 7, according to the Oliver Wyman report.

January 10, 2023

LME to decide nickel reforms by end of first quarter

Months after turbulence highlighted shortcomings in LME oversight, the nickel contract remains broken.

January 10, 2023

India’s foray into the EV battery market lacks some key ingredients

The government has unveiled incentives of at least $3.4 billion to expedite its lagging adoption of EVs.

January 10, 2023

Vale evaluates offers for $2.5 billion base metals unit

Vale Base Metals, to be based in the UK, will have nickel mines in Canada and Indonesia, copper mines in Brazil, and interests in cobalt and platinum group metals.

January 10, 2023

Europe needs to invest over €300 billion in the next two years to reach climate goals — study

Researchers say the most dramatic increase in the need for investment is in power generation from renewable energies. 

January 9, 2023

Top 50 mining companies in 2022: coal, lithium win big, China investors lose out

Commodity prices are always volatile, but in 2022 metal and mining markets reached new levels of turbulence, as the pandemic played out in China and the Ukraine war upended global…

January 9, 2023

Nickel market faces new shock as ‘Big Shot’ boosts metal output

The billionaire at the center of last year’s nickel short squeeze is planning a major shift in his production mix.