Metal trader misery undercuts supercycle hype as losses pile up
The world’s metal traders are enduring one of their toughest periods in years.
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Attack on Israel boosts appeal of gold, safe-haven assets
Rising geopolitical risk could see buying in assets like gold.
Stone Age Ethiopians knew how to source their iron-rich rocks
Middle Stone Age Ethiopians progressively replaced exotic iron-rich high-quality rocks with lower quality, poorer in iron, but locally available ones. Researchers now have clues as to why this happened.
Mexican president exhorts American company to settle after mine closure
Andrés Manuel López Obrador repeated his accusations against Vulcan Materials for allegedly causing an environmental disaster in Quintana Roo.
UK risks losing out to Europe in hydrogen energy race
In 2021, the UK set out a bold ambition to become a ‘global leader in hydrogen’ by 2030 but lack of clarity on subsidies is delaying project approval.
LME seeks to move on from nickel crisis as traders return
It’s been 19 months since Matthew Chamberlain responded to a runaway short squeeze by suspending the world’s benchmark nickel market and cancelling $12 billion of trades.
Iron ore billionaire’s lithium raid leaves investors guessing
“Investors seem keen to know Rinehart’s plan,” Seth Goldstein, an equity strategist at Morningstar, said.
Electric vehicles are fueling Indonesia’s green IPO boom
In a country blessed with natural resources, the vast bulk of IPOs this year came from expansion-minded metals companies.
Copper Study Group expects big supply surplus in 2024
Production is forecast to exceed usage by 467,000 metric tons in 2024, a significant upward revision from the expected 297,000 metric ton surplus from April.
