Copper crunch set to ease with more supply heading to China
Starting next month, there’ll be a large number of ships arriving at Chinese ports from Chile and Peru, the nation’s main suppliers.
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Gold price hits 8-month low as bond yields rise
Gold is now in danger of a material move lower, one analyst said.
Copper price spike stirs alarm over another rush to find substitutes
With prices spiking, manufacturers making wires and pipes are looking to aluminum.
Musk says nickel price is ‘biggest concern’ for electric-car batteries
Tesla CEO said that the company is shifting some cars to a type of battery that uses iron instead.
Orocobre forecasts higher lithium prices as market outlook brightens
The lithium and borax miner said net loss after tax widened to $29.1 million for the half-year ended Dec. 31, from $18.9 million last year.
Indonesia says “ready to fight” EU at WTO over nickel export curbs
Indonesia banned ore exports last year to incentivise foreign investors to help develop a full nickel supply chain in the country.
LME data to support end to open outcry is misleading, brokers say
Brokers say data the London Metal Exchange is using to support its proposal to shut its trading floor exaggerates the use of electronic platforms during coronavirus lockdowns.
Price surge abates but silver has more friends than ever
This month’s crowd surge on the silver market quickly dissipated after the price lost momentum above the $30-per ounce level and fell back just as sharply as it had risen.
Vale books hefty dam disaster charges, but bullish about core earnings
Company logged $4.9 billion in provisions related to the Brumadinho dam disaster in quarterly earnings.
