China’s steel output hits 15-month low
Chinese industrial production in July increased 6.4% y/y vs median estimate of 7.9%.
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Gold price extends gain on virus concerns, weak economic data
The rebound toward $1,780 also helped trigger some investors to buy back their bearish positions, says one analyst.
Home: Funds unimpressed by mounting copper supply disruption
Macro headwinds in the form of slowing growth impetus in China and the spread of the Delta variant of covid-19 are currently outweighing copper’s micro-dynamics.
Most LME floor members to return when ring trading restarts in September
Eight of the nine members trading on the floor of the London Metal Exchange will return when it reopens in September.
Galaxy Resources swings to half-year profit on strong lithium prices
The results come as Galaxy completes its merger with Orocobre to create the world's fifth most valuable lithium miner.
Sumitomo Metal develops rechargeable battery recycling technology
Japan's biggest nickel smelter has successfully recovered a high-purity nickel-cobalt mix by separating impurities.
BlueRock shares jump on biggest diamond found at Kareevlei
The 58.6-carat diamond find follows the discovery of a 21.6 carat stone at the South African mine a week ago.
Scientists predict downward trend in lithium-ion battery costs
University of Münster researchers expect a reduction to $70 per kilowatt-hour by 2050 for lithium-ion batteries.
BHP closer to exiting oil and gas with Woodside merger talks
Move would cement the world’s top miner’s exit from the oil and gas industry amid increasing pressure to curb emissions.
