January 31, 2024

Gold demand to hit record with central bank buying, WGC says

Overall consumption climbed by about 3% to 4,899 tons last year, supported by strong demand in the OTC market, the World Gold Council says.

January 31, 2024

Activists, Hollywood take down top 50 mining company

The ranks of the most valuable mining companies in the world were throughly scrambled in 2023 as governments intervened, lithium and nickel prices tumbled, gold hit records and a new…

January 31, 2024

Lithium market transition comes with delays, layoffs and M&As — WoodMac

Consultancy Wood Mackenzie says the market is moving towards maturity and its actors need to adapt to the new conditions.

January 30, 2024

State of strategic metals: navigating 2024 trends and global supply chain dynamics beyond China’s influence

Many factors, including economic conditions, technological advancements, and geopolitical events, can influence the status of rare metals.

January 30, 2024

Pentagon plans AI-based program to estimate prices for critical minerals

The US Department of Defense plans to develop a program to estimate prices and predict supplies of nickel, cobalt and other critical minerals.

January 30, 2024

LME targets Hong Kong as option for warehouse expansion

Chinese rules and regulations alongside resistance from competitor Shanghai Futures Exchange have frustrated LME's attempts to expand its network to China.

January 30, 2024

Lithium miners warn on plunging profits after price freefall

Two of China’s biggest lithium companies became the latest miners to issue stark warnings over the health of the battery metal industry.

January 30, 2024

China Baowu raises $1.4bn via bond, mostly for Simandou iron ore project

The entire Simandou project will be completed and put into operation in 2026, Baowu said in the document.

January 30, 2024

Global clean energy spending surges to $1.8 trillion. It’s not enough

Total spending surged 17% last year to $1.8 trillion in installing renewable energy, buying electric vehicles, building hydrogen production systems and deploying other technologies

January 30, 2024

Wind, solar to overtake coal in China’s power mix this year

Wind and solar power connected to the grid will account for about 40% of the installed capacity in China, official figures show.