May 8, 2023

China’s gold splurge reaches sixth month as reserves rise again

China raised its gold holdings by about 8.09 tons in April, according to data from the State Administration of Foreign Exchange.

May 8, 2023

Lithium markets have hit a turning point – Morgan Stanley

Market is expected to remain in a deficit in 2023 but conditions will not be as tight as previous years, according to the investment bank.

May 8, 2023

Copper price rises on low stockpiles in China

Copper inventories in Shanghai Futures Exchange warehouses fell to their lowest levels since January.

May 5, 2023

Iron ore price slides to six month low

Increased equipment maintenance amid shrinking margins will further cap demand for iron ore in the short term – analyst.

May 5, 2023

Global copper smelting slides to two-year low in April

Chinese operations shut for maintenance and plants in North America slowed down.

May 5, 2023

Undersupply of magnet rare earths to hit 60,000 tonnes by 2030

Adamas Intelligence predicts that from 2023 through 2040, global demand for NdFeB magnets will increase at a compound annual growth rate of 7.5%.

May 4, 2023

China slams Canada PM Trudeau’s slave labor comment, threatens ‘consequences’

"His words disregarded facts and confounded black with white. The Chinese side expresses its strong dissatisfaction and resolute opposition to this," the Chinese Embassy in Ottawa said.

May 4, 2023

Lofty prices tarnish gold’s lustre in top Asian retail hubs

Shoppers leaving empty-handed complaining of high prices are becoming a more common sight at gold stores in China and India.

May 3, 2023

Copper price is set to close at its lowest level since January 5

A Reuters poll showed that prices are due to recover slightly, supported by low inventories.

May 2, 2023

Livent boosts forecast on bullish outlook for lithium prices, demand

The company posted net income of $114.8 million for Q2, compared to $53.2 million in the year-ago period.