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.

August 25, 2024

Global refined copper surplus swells in first half of 2024 — report

New data from the ICSG indicated a preliminary surplus of about 488,000 tonnes, which is significantly higher than the 115,000 tonnes for H1 2023.

August 23, 2024

Iron ore stumbles … China bears return

Over the last month, a big deal has been made over the lack of new housing starts in China’s real estate market.  

August 23, 2024

World’s top cobalt producer expects supply pressures to ease

Growth in global supply should gradually moderate, according to CMOC.

August 22, 2024

Column: Cobalt supply tsunami hits the market of last resort

Someone delivered 23 metric tons of cobalt to London Metal Exchange warehouses last month.

August 22, 2024

Copper is flooding into US as flash-squeeze chaos reverberates

The huge dislocation between global prices saw the US import about 91,000 tons in July alone, the third-largest monthly amount in the last decade.

August 22, 2024

Lead sellers caught short by Shanghai delivery rule change

Would-be sellers of battery metal lead on the Shanghai Futures Exchange have been forced to search for overseas supplies.