February 1, 2021

Base metals analysts turn cautious after stellar rally

Analysts participating in Reuters base metals poll were cautious, expecting high inventories and rising supply to keep a lid on prices.

February 1, 2021

Iron ore price dilemma – Will China actually cut steel output?

China’s vast steel sector, and the iron ore industry feeding it, is grappling with a seemingly contradictory policy impulse that it should produce less this year.

January 29, 2021

Tesla hit by battery shortage amid rallying lithium, cobalt, nickel prices

CEO Elon Musk says Tesla doesn't have enough batteries to put new products like the Semi heavy duty truck into production.

January 29, 2021

Copper price in slump, hits one-month low

Industry analysts are still bullish on copper in 2021.

January 29, 2021

China Molybdenum raises annual cobalt output target by 18%

Operator of the giant Tenke Fungurume mine in the DRC said it was targeting production of 16,500-20,100 tonnes of cobalt in 2021.

January 29, 2021

Tianqi’s top shareholder to get up to $2.5bn injection

Chengdu Tianqi Industrial Group will receive up 16 billion yuan that may help the miner to pay down debt.

January 28, 2021

China’s Shandong ramps up industrial safety checks after gold mine blast

The province of Shandong plans to launch inspections of key industrial sectors in a bid to uncover safety risks.

January 28, 2021

Dalian exchange adds new iron ore deliverable brands, adjusts premiums and discounts

The newly added deliverable brands include Benxi Steel Concentrate, IOC6, Kumba and Agglomerate Concentrate.

January 28, 2021

LME stocks shock sends zinc price reeling

Stocks of the galvanising metal surged to a three-year high of 294,500 tonnes this week thanks to the “arrival” of 106,000 tonnes in the space of just two days.

January 27, 2021

China fails to learn from Trump backfire in trade war, is losing against Australia

Australia has managed to ship more coal to other regional consumers, such as India, Vietnam and Thailand.