Oil rises to highest in a month amidst global energy crunch
Cries of supply shortages continue to come from all corners.
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Royal Helium stock balloons on signed supply agreement with space launch company
The company said it will be constructing two facilities, in Alberta and Saskatchewan.
Graphite One prefeasibility outlines $1.2bn capex for Alaska mine and Washington state plant
The company estimates it will take three years to permit and build the graphite manufacturing facility and on average, the plant would produce about 49,615 tonnes of anode material per year.
Copper price back below $8,000 as hawkish Fed outweighs supply risk
“The recession fears are still there in the background,” said WisdomTree commodity strategist Nitesh Shah.
Honda and LG to build $4.4bn EV battery plant in US
They aim to produce 40 GW-hours of batteries annually at the plant — enough for more than 700,000 EVs, based on the IEA’s estimate.
Elon Musk says the world needs more oil and gas as a bridge to renewables
Musk made his comments as Europe is grappling with its worst energy crisis in decades.
Goldman says ‘buy commodities now, worry about recession later’
“Our economists view the risk of a recession outside Europe in the next 12 months as relatively low,” bank analysts said.
China-linked bots attacking rare earths producer ‘every day’
Fake social media accounts linked to the Chinese Communist Party are posting daily attacks on Lynas Rare Earths, according to the company.
Column: China steel sector turning the corner as demand, margins improve
Steel mills have been signaling that production is likely to rise in September, writes Clyde Russell.