Pressure on gas and LNG prices to help switch from coal, says JP Morgan
The sharp growth in gas supply and the drop in prices could lead to a rapid conversion from coal to gas, the bank said.
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Iron ore price rebounds to 6-week high on renewed China demand hopes, lower shipments
Iron ore fundamentals have improved and the valuation of the ferrous market is expected to rise, analysts at Galaxy Futures said in a note.
China coal prices have bottomed, will surpass 2023 highs, industry group says
Demand for the fuel has been hit by a slowdown in the cement industry.
Dalian Commodity Exchange adjusts trading limits after iron ore price rally
The statement came after iron ore futures prices rose by more than 3% in day trading.
Guinea’s bauxite production increases for third consecutive year
The West African nation's bauxite production rose over 19% year-on-year in 2023 to about 123 million metric tons.
Codelco defends lithium deal ahead of SQM shareholder meeting
Initially, the Chilean state will get an estimated 70% of proceeds from new production, rising to 85% from 2031.
First Quantum could remove copper from Panama mine after election, CEO says
Panama goes to polls in May this year.
Standard Lithium commissions North America’s largest commercial-scale DLE equipment
The lithium developer recently installed a commercial-scale DLE column at its demonstration plant near El Dorado, Arkansas.
China’s silico-manganese futures near 7-month high after South32 export suspension
South32 said on Monday it would take about a year to restart manganese ore exports from Australia.
