China opening may spark iron ore to become more like crude oil: Russell
Iron ore is still a long way behind other commodity markets, such as crude oil, where paper trade exceeds physical by large multiples.
Latest Stories
Electric vehicles seen driving cobalt crunch by mid-2020s
Demand for electric vehicles, using cobalt in batteries, could spark a deficit of cobalt as soon as 2022.
Chinese battery firms join Responsible Cobalt Initiative
German car manufacturer Daimler also joined the RCI last month.
Pebble developer craters after copper giant pulls out
Northern Dynasty stock drops 32% after pact with First Quantum to build giant Alaska copper-gold mine collapses.
Agarwal wants to build Indian commodity giant to rival majors
Despite its insatiable appetite for materials, India is yet to impose itself among the mining heavyweights like Australia, China or even the U.K.
In lithium hot spot, ghost towns recall another boom gone bust
While lithium today isn’t the linchpin of Chile’s economy (that would be copper), miners are aggressively expanding production.
Lithium price: Massive supply response gets underway
SQM, world no 3 lithium miner, plans to nearly quadruple capacity in fewer than three years – to the equivalent of 84% of global output last year.
Indian state seeks permanent closure of Vedanta’s copper smelter-officials
The pollution control board of Tamil Nadu said the smelter was found last week to be preparing to resume production without permission.
Report: Mining needs $100–$150 billion to meet EV demand
McKinsey asks if the availability and rising prices of cobalt, lithium, copper and nickel will constrain greater electric vehicle penetration.
