March 12, 2021

Booming electric vehicle sales drive surge in cobalt prices

The price of the metal stands at $53,000 per tonne, up 65% this year and around its highest since December 2018.

March 11, 2021

Russel: Iron ore demand recovering outside China, but will it be enough?

The price of spot iron ore for delivery to north China has fallen in recent sessions as the market struggles to work through a competing series of both bullish and…

March 11, 2021

Cobalt, nickel free electric car batteries are a runaway success

Few months in, LFP Model 3 already commands 5% of global EV market, counts for 21% of Tesla battery capacity hitting roads–even before key patent expiry next year.

March 11, 2021

EU plans to make battery cells for 7m EV cars by 2025 – Handelsblatt

As part of its plan to become climate neutral by 2050, the EU wants to boost local production of battery cells to power clean vehicles without relying on imports, especially…

March 11, 2021

Despite wobbles, demand to push copper price

Chile's mininster says the underlying trend of rising demand remains intact despite hard-to-read daily market gyrations.

March 10, 2021

Trader buys $36m of copper and gets painted rocks instead

The saga unfolds like a gangland thriller, with the Swiss trading house saying it’s been the victim of cargo fraud.

March 10, 2021

Copper price rises on demand hopes

Copper futures advanced in London and New York on Wednesday on hopes of rising demand, but prices in Shanghai fell on fears of policy tightening by top consumer China.

March 10, 2021

China metals body chief warns of speculation risk amid volatile prices

China's copper and aluminum smelting capacity will remain relatively stable over the next five years.

March 10, 2021

Copper prices to hit record high in next 12 months, China’s Maike says

He Jinbi believes as top consumer China builds metals-intensive renewable energy and electric vehicle infrastructure, copper and other base metals will see serious supply deficits in future.

March 9, 2021

Copper price falls as China imports look “far from bullish”

Shares of major miners also fell in London trading, with BHP down 2.4%, Rio Tinto down 3.6%, Glencore -2.44%, and Antofagasta -1.25%.