Platinum crunch comes to a head as US and China snap up metal
The market tightness has made platinum one of the best-performing commodities this year.
Latest Stories
Copper market to feel impact of accident in Chile as plants shut
The shutdowns will reduce output of the metal used in wiring, electronics and construction by about 30,000 metric tons a month, a quarter of Codelco’s production.
Glencore rejects US listing in boost for UK markets
The company said it had extensively researched a move to the major exchanges around the world.
Perth Mint’s July gold sales slump 33%, silver hits six-month low
The Perth Mint is the world's leading producer of newly mined gold.
Chile’s ENAMI opens process to seek investors for $1.7B smelter
The Chile's state-run mining company will offer a supply of copper cathodes in exchange for the investment.
Glencore warns of cobalt surplus amid DRC export ban
Glencore noted that much of its cobalt output may remain unsold by 2025 due to ongoing DRC export restrictions.
Mosaic falls 13% as fertilizer shipments drop on US tariffs
Phosphate deliveries to the US are “tracking well below last year” with levies applicable to most sources of the fertilizer.
US courts Cook Islands for deep-sea mining
The State Department has already begun talks with the South Pacific nation for research on seabed mineral exploration and development.
Iluka signs deal with Lindian for rare earths supply from Malawi
Separately, Iluka has secured a $20 million loan facility to support the Kangankunde mine's development.
