China opening may spark iron ore to become more like crude oil: Russell Iron ore is still a long way behind other commodity markets, such as crude oil, where paper trade exceeds physical by large multiples. Reuters | May 25, 2018 | 11:06 am
Electric vehicles seen driving cobalt crunch by mid-2020s Demand for electric vehicles, using cobalt in batteries, could spark a deficit of cobalt as soon as 2022. Reuters | May 25, 2018 | 10:49 am
Chinese battery firms join Responsible Cobalt Initiative German car manufacturer Daimler also joined the RCI last month. Reuters | May 25, 2018 | 10:13 am
Pebble developer craters after copper giant pulls out Northern Dynasty stock drops 32% after pact with First Quantum to build giant Alaska copper-gold mine collapses. Frik Els | May 25, 2018 | 9:55 am
Agarwal wants to build Indian commodity giant to rival majors Despite its insatiable appetite for materials, India is yet to impose itself among the mining heavyweights like Australia, China or even the U.K. Bloomberg News | May 25, 2018 | 9:43 am
In lithium hot spot, ghost towns recall another boom gone bust While lithium today isn’t the linchpin of Chile’s economy (that would be copper), miners are aggressively expanding production. Bloomberg News | May 25, 2018 | 9:27 am
Lithium price: Massive supply response gets underway SQM, world no 3 lithium miner, plans to nearly quadruple capacity in fewer than three years – to the equivalent of 84% of global output last year. Frik Els | May 24, 2018 | 3:13 pm
Indian state seeks permanent closure of Vedanta’s copper smelter-officials The pollution control board of Tamil Nadu said the smelter was found last week to be preparing to resume production without permission. Reuters | May 24, 2018 | 1:49 pm
Report: Mining needs $100–$150 billion to meet EV demand McKinsey asks if the availability and rising prices of cobalt, lithium, copper and nickel will constrain greater electric vehicle penetration. Frik Els | May 24, 2018 | 1:25 pm