August 27, 2024

CHARTS: Battery metals slump slashes average EV materials bill

The sales weighted average value of the lithium, nickel, cobalt, manganese and graphite contained in the battery​​ of the average EV sold globally is down 60%.

August 27, 2024

BYD says fate of lithium project is in hands of Chile government

In April last year, BYD was granted access to preferential prices for lithium carbonate produced by SQM.

August 27, 2024

BHP sees copper surplus in short term before ‘fly-up’ prices

The world’s second-biggest copper supplier cut its forecast for Chinese demand this year, and warned of a modest global surplus through the end of 2025.

August 27, 2024

China’s July net gold imports via HK rise for first time since March

China imported a net 25.659 metric tons in July, up from 21.919 tons in June.

August 27, 2024

BHP eyes copper profits as China’s appetite for steel fades

The miner's underlying attributable profit was $13.66 billion for the 12 months ended June 30.

August 26, 2024

Zijin Mining sees increasing threats to M&A ambitions

Zijin has already slowed acquisitions due to higher project valuations and geopolitical tensions.

August 26, 2024

China’s gold demand expected to rebound as economic jitters spur buying

A revival of demand in the world's top consumer of the precious metal could further support the rally in global gold prices.

August 26, 2024

Congo wants Trafigura partner Chemaf’s deal with Norinco halted

Chemaf put itself up for sale last year due to a cash crunch that was stalling the expansion of its Etoile and Mutoshi projects.

August 26, 2024

Canada to hit China with tariffs on electric vehicles, steel

The government announced a 100% levy on electric cars and 25% on steel and aluminum.

August 26, 2024

Iron ore price rebounds past $100 after Chinese stockpiles shrink

A tentative sign that a period of severe oversupply is starting to ease.