Lithium deal shows China’s accelerating race for battery metals
Lithium has gotten so hot that even China’s gold miners want a slice of the market, sky high valuations and all.
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International Nickel Study Group forecasts rising nickel demand in 2022
Exports of unprocessed nickel ore from Indonesia, the world’s top nickel miner, ceased in January 2020, due to a government-imposed ban.
World’s top copper projects by capex — report
Global copper mine production is set to expand by 7.8% y-o-y in 2021 as a result of multiple new projects coming online, says Fitch.
Samarco obtains extended creditor protection
Samarco filed for bankruptcy protection in April after failing to restructure 50 billion reais ($9.06 billion) in debt.
Ganfeng raises lithium metal prices amid power crunch
The Chinese company also cited higher costs for raw materials such as lithium carbonate for the price increase.
Rock Tech Lithium to build $544 million plant in Brandenburg
The plant will be in the town of Guben, a roughly 90-minute drive from where Tesla is building its gigafactory.
Aluminum price hits 13-year high as energy surge pressures supply
Aluminum rose as much as 2.8% to $3,049 on the London Metal Exchange Monday, the highest since July 2008.
Copper bulls get electric shock as world’s factories slow down
Bank of America said $20,000 could be possible if major supply-side issues arose simultaneously.
China coal futures surge to record as flooding swamps mining hub
Floods have closed 60 of the 682 coal mines in Shanxi province, which has produced 30% of China’s supply of the fuel this year.
