Global lithium prices spike but remain below 2024 average, says Cochilco
The average price to date is $9,306/ton, 24% lower than the $12,296 registered in 2024.
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Silver price surpasses $66 for first time
Spot silver surged as much as 4% to a new all-time high of $66.50 per ounce.
Indonesia may slash nickel output to steady prices
The Indonesian government is proposing a 34% reduction in production from this year’s total to 250 million tonnes next year.
Scotiabank plans to revive metals desk as prices soar
The Canadian bank has hired recruiters to reach out to commodities traders, sales specialists and strategists to staff the unit.
Korea Zinc’s plan to build US smelter would benefit South Korea, minister says
Korea Zinc unveiled a plan to build a $7.4 billion critical minerals refinery in Tennessee that will be funded largely by Washington.
Gold and uranium boost Namibia’s tax revenue after diamond prices plunge
Diamond income has traditionally boosted Namibia's state coffers, accounting for about 30% of export earnings.
Zimbabwe scraps gold royalty hike, sets higher threshold for windfall tax
A royalty rate of 5% would continue to apply for gold prices between $1,200 and $5,000 per ounce, according to the revised budget bill.
Lithium prices surge in China after authorities announce plan to revoke mining licences
Beijing said the licences had long expired—some over a decade ago—and most were for ceramic clay or limestone mining.
Coal demand hits fresh high as US output rises — IEA
Coal keeps defying forecasts, with US output rebounding even as clean energy expands and long-term demand finally nears a peak.
