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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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.
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.
Why sentiment in industrial metals has been crumbling
Industrial metal prices have just seen their biggest quarter of falls in many years.
Zijin adds China mine in race to join lithium’s global top tier
The group plans to pay 1.8 billion yuan ($269 million) for a 71% stake in a company mining for lithium in Hunan province.
Metals set for worst quarter since 2008 on global downturn angst
The London Metal Exchange Index has tumbled 23% since the end of March.
Copper price heads for biggest quarterly plunge since 2011
"We still see metals falling as a recession in the US is fully priced in," said Commerzbank analyst.
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