October 24, 2024

CHARTS: Nickel, cobalt, lithium price slump cuts average EV battery metals bill by 60%

The raw materials bill for the average EV is now down to $537 compared to $1,342 in August 2023 and a monthly peak of more than $1,900 at the beginning…

October 23, 2024

China’s gold ore and concentrate imports plummet on planned rule change

If implemented, a tax rule change could disrupt the annual shipment of billions of dollars of gold ore and concentrate to China.

October 23, 2024

Zinc market tightens as mine supply disruptions rattle buyers

Cash zinc contracts are trading at a $24.09 premium to three-month futures.

October 22, 2024

First Quantum names Jiangxi’s Xia to board after standstill deal

One of the largest copper smelting companies in the world, Jiangxi has an 18.5% stake in First Quantum.

October 22, 2024

Brazil seeks to woo partners in revived ambition to uncover uranium riches

Latin America’s biggest economy holds 5% of the world’s uranium resources but only produces a tiny amount.

October 22, 2024

Column: Electric vehicles prove a bumpy ride for battery metals

Explosive price rallies in 2021 and 2022 resulted in too much new production capacity being brought online too quickly.

October 22, 2024

Column: China iron ore imports head for record even as steel output slips

China is likely to import as much as 120 million tonnes this month.

October 22, 2024

Panic grows in alumina market as prices spike toward a record

Prices for alumina have surged by more than 20% so far this month.

October 22, 2024

Iron ore price retreats as mounting concerns on weakening steel demand weigh

It fell below the key psychological level of $100 a ton to hit an intraday low at $99.8 earlier in the session.

October 21, 2024

China’s steel demand has shrunk to less than half global total

China will account for less than half of global steel consumption in 2024 for the first time in six years, according to the World Steel Association.