EU’s Green Deal demands switch from fossil fuels to domestic metal production – report
Researchers believe the EU will have to build its own urban mining and refining operations to decrease its raw materials dependency.
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Australia sees commodities boom lifting exports to fresh record
Australia’s minerals exports are set to reach unseen heights for a second year.
Aluminum ‘on steroids’ may be copper’s next competitor
PNNL researchers are working to increase the conductivity of aluminum, making it economically competitive with copper.
Commodities hit July storm with Putin and Powell stirring fear
Energy crises and central bank moves to crush inflation present powerful headwinds across markets, underscored by copper’s collapse Friday below $8,000 a ton.
EXPLAINER: Nuts and bolts of the LME’s cancelled nickel trades legal case
Hedge fund Elliott Associates and Jane Street Global Trading are suing the London Metal Exchange for up to $500 million after the LME cancelled nickel trades on March 8 when prices soared to record highs above $100,000 a tonne in chaotic trade.
Iron ore price tumbles as recession fears fuel commodities selloff
"It's not just China where steel output is under pressure," said Warren Patterson, head of commodities strategy at ING.
India raises import tax on gold to support rupee
India has raised its basic import duty on gold to 12.5% from 7.5% as the world's second biggest consumer of the precious metal tries to dampen demand and bring down the trade deficit.
Copper, zinc, nickel price rout continues despite rebound in China manufacturing
“It is increasingly clear that concerns about demand are taking precedence over supply issues in the metals markets”.
Chile sticks to plan for new mining profit tax up to 32% linked to copper price
"Historically, few countries have reached economic prosperity with a low tax load" – Chile finance minister, Mario Marcel.
