May 17, 2022

Electric vehicles surpass phones as top driver of cobalt demand

The EV sector consumed 59,000 tonnes of cobalt in 2021, or 34% of total demand, according to a report by the Cobalt Institute.

May 17, 2022

Europe’s first homegrown battery plant begins shipments

Northvolt AB became the first European firm to start commercial shipments to a carmaker last week.

May 17, 2022

US coal companies struggle to cash in on Europe crunch

The rally in prices is unlikely to pull the US coal industry out of a more than decade-long tailspin.

May 17, 2022

BHP CEO says supply disruptions may last years; could speed up Jansen project

Mike Henry said the miner may accelerate its potash project in Canada by a year.

May 17, 2022

China, US are racing to make billions from mining the moon’s minerals

Unlike in the era of Sputnik and Apollo, the world’s top superpowers can’t even agree on basic principles to govern the next generation of space activity. 

May 16, 2022

Steel industry emissions to decline 30% by 2050 — report

Steel is a challenging sector to decarbonise. However, evolving green steel goals are altering the supply landscape and steelmakers are under pressure from stakeholders.

May 16, 2022

The LME boss has a plan to catch the next big short

The London Metal Exchange’s demand for details of private deals between its members and their clients marks a line in the sand by chief Matthew Chamberlain.

May 16, 2022

Europe’s aluminium deficit triggers further large LME stock draw

Aluminium inventories in London Metal Exchange warehouses, already at their lowest in nearly 17 years, are likely to fall further as more metal leaves the LME system and heads for…

May 16, 2022

Battery boom pulls trading giant Trafigura into lithium business

The agreement to back the plant being developed by startup Green Lithium brings the world’s top independent commodities trader into a market struggling to create new supply.

May 16, 2022

Lithium sector needs $42 billion as pivot from China adds costs

The sector will require $7 billion of investment each year from now until 2028, Benchmark Mineral Intelligence said in a report.