New squeeze hits London metal market with zinc spreads spiking
The premium for spot zinc over futures spiked on Thursday to the widest since 1997.
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Swiss gold refiners say they didn’t import mystery Russian metal
Over 3 tons of gold -- worth about $200 million -- was shipped from Russia to Switzerland in May, almost all of which was marked as being for refining.
Iron ore price rebounds after Chinese President pledges to meet development targets
Xi Jinping re-iterated the country’s “social and economic development targets” at a business forum.
Copper price at 16-month low as slowdown fears hit industrial metals market
"The commodity world’s flagship is under fire,” one analyst said.
LME appoints consultancy to review chaotic nickel suspension
The exchange suspended nickel trading on March 8 after prices spiked by more than 50% to hit $100,000 a tonne.
Tesla and Volkswagen square off in duel for electric-car dominance
Tesla delivered more than 936,000 EVs worldwide last year, while VW sold some 453,000 fully electric cars.
Lofty lithium bid suggests scorching rally may not be over
The highest bid for lithium at an auction run by an Australian miner suggests a blistering rally in the battery metal may not be over.
CATL unveils EV battery with one-charge range of 1,000 km
The battery charges faster than existing cells, and is safer and more durable, CATL said.
One of world’s biggest cobalt mines is at stake in Congo fight
A top executive from state mining company Gecamines said that partner CMOC Group Ltd. owes $7.6 billion in overdue payments.
