Cobalt price rally risks pushing away battery makers, top miner says
“I think it’s at the upper end of what people will tolerate without being forced to switch,” CMOC says.
Latest Stories
Silver price falls in frenetic trading as short squeeze starts to ease
A lack of liquidity in London has sparked a worldwide hunt for silver, with benchmark prices soaring to near-unprecedented levels over New York.
Metals veteran sees $12,000 copper price this year
Kenny Ives, chief commercial officer at Chinese producer CMOC and CEO of its trading arm IXM, is one of the metals industry’s best-known traders.
First Quantum hits back at ESG report on “blocked” La Granja
In September 2023, La Granja began a new phase, emphasizing advanced exploration and detailed technical and socio-environmental studies.
Fitch’s BMI lifts 2025 copper price forecast on resilient demand, supply disruptions
The Fitch Solutions unit has raised its 2025 average copper price forecast to $9,650 per tonne, up from $9,500 previously.
Nova Minerals skyrockets on Australia-US summit briefing request
Earlier this month, the company was awarded $43.4 million by the US Department of War in support of its proposed antimony operations.
Loncor agrees on $261M sale to China’s Chengtun
Chengtun’s C$1.38 per share offer represents a 16% premium over Friday’s closing price on the Toronto Stock Exchange.
EU seeks US alliance to counter China rare earth crackdown
G7 finance ministers were likely to discuss options on Wednesday, says European Trade Commissioner Maros Sefcovic.
Supply problems may force Freeport Indonesia to halt Manyar smelter
The $3.7 billion Manyar smelter only resumed operations in May after a fire broke out in October last year.
