August 23, 2022

Two charts show copper price drop may have been overdone  

Copper is China's only growing commodity import in 2022 as the country’s inventories drop 60% in a year and worldwide stocks decline to just 3.5 days consumption. 

August 23, 2022

CATL profit surges as battery giant moves on from tough quarter

CATL’s Shenzhen-listed shares have gained about 50% since a low in May as the company ramps up global capacity.

August 23, 2022

China lithium prices near record as power cuts squeeze market

Sichuan, home to more than a fifth of China’s lithium production, extended industrial power cuts this week.

August 23, 2022

Electric car battery bottlenecks have a way of being worked out

Amid all the excitement about battery metal demand, prices for cobalt have plunged 40% from their highs earlier this year.

August 22, 2022

Copper price down on manufacturing slowdown in China

Also weighing on industrial metals are aggressive increases in interest rates by the US Federal Reserve.

August 22, 2022

China boosts spending on Russian energy to $35 billion since war

Purchases of crude, oil products, gas and coal rose to $35 billion since the war in Ukraine began, from about $20 billion a year earlier.

August 22, 2022

Climate disasters risk putting a damper on electric car making

Automakers racing to make more EVs have a problem: climate change is catching up with the industry.

August 19, 2022

Copper price rises despite global economic pessimism

Inflation data in Germany and Japan and statements from European and US central bankers suggest that rapid, economically damaging interest rate rises will continue.

August 19, 2022

China power curbs shutter 500,000t of zinc smelting capacity

All zinc smelters in Sichuan halted production early this week, and a small smelter based in neighbouring Hunan province also stopped operations.

August 19, 2022

China demand doubts darken mood as miners baulk at energy costs

The IMF forecast that global growth could slow to 2.9% in 2023.