June 23, 2022

China backs Russia in opposing bid to redefine conflict diamonds

China agrees that the Ukraine issue falls outside the scope of the Kimberley Process.

June 23, 2022

Iron ore price rebounds after Chinese President pledges to meet development targets

Xi Jinping re-iterated the country’s “social and economic development targets” at a business forum.

June 23, 2022

Copper price at 16-month low as slowdown fears hit industrial metals market

"The commodity world’s flagship is under fire,” one analyst said.

June 23, 2022

CATL unveils EV battery with one-charge range of 1,000 km

The battery charges faster than existing cells, and is safer and more durable, CATL said. 

June 22, 2022

Energy now viewed as the next fault line for global markets

This year’s standout inflation trade of backing commodities is coming under pressure on concern a recession will curb demand for raw materials.

June 22, 2022

Who’s still buying fossil fuels from Russia?

Despite looming sanctions and import bans, Russia exported $97.7 billion worth of fossil fuels in the first 100 days since its invasion of Ukraine.

June 22, 2022

Chinese battery giant CATL prices $6.7 billion share sale

It sold 109.76 million shares at 410 yuan apiece in an A-share private placement, it said in a statement Wednesday.

June 22, 2022

De Beers sale shows stronger US and Chinese demand

De Beers sold $650m of diamonds, slightly up from $604m at the previous sale this year, but higher than the $477m this time in 2021.

June 22, 2022

Iron ore price lowest since December on worries of oversupply of steel in China

Renewed covid restrictions dampening overall domestic demand.

June 21, 2022

Kia picks batteries from CATL for EV sold at home

CATL, whose clients include Tesla and Volkswagen, is the world's largest battery maker.