Copper price near 6-week high on softer than expected US inflation
US consumer prices did not rise in July compared with economists' expectation of a 0.2% gain.
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To win the full credit, EV makers have to source in 2023 at least two-fifths of battery materials from the US or free trade agreement partners such as Canada, Chile and Australia or recycle it in North America.
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Graphic: Copper speculators anticipate downturn for market and the world
Data shows more funds with bearish positions than bullish copper positions on the London Metal Exchange and COMEX.
Column: Australia’s renewable energy ambitions dwarfed by coal, LNG juggernaut
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Sibanye cuts US palladium mines output forecast after floods
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Lucara Diamond starts shaft-sinking at $547m Karowe mine expansion
The underground expansion of the Karowe diamond mine in Botswana, will extend its productive life until 2040.
