July 4, 2022

Metals melt down as recession fears overwhelm supply woes

Industrial metals have gone from boom to bust in the space of only three months, writes Andy Home.

July 4, 2022

Nevada Copper arranges $70m loan to maintain Pumpkin Hollow underground mine operations

Pumpkin Hollow was the first copper mine to come online in the US over the past decade.

July 4, 2022

Banks step up trade finance in global commodities boom

Commodity trading houses have seen earnings climb as they capitalize on wild swings in prices and arbitrage opportunities.

July 4, 2022

Phoenix Copper launches novel bond linked to copper price

Phoenix is raising cash to revive production at the Empire copper mine in Idaho.

July 3, 2022

Aluminum ‘on steroids’ may be copper’s next competitor

PNNL researchers are working to increase the conductivity of aluminum, making it economically competitive with copper.

July 2, 2022

Commodities hit July storm with Putin and Powell stirring fear

Energy crises and central bank moves to crush inflation present powerful headwinds across markets, underscored by copper’s collapse Friday below $8,000 a ton.

July 1, 2022

Copper, zinc, nickel price rout continues despite rebound in China manufacturing 

“It is increasingly clear that concerns about demand are taking precedence over supply issues in the metals markets”.

July 1, 2022

Tesla’s EV market share seen plunging to 11% by 2025, BofA says

Tesla is likely to lose its position as the dominant EV maker in the US to GM or Ford by 2025, says analyst John Murphy.

June 30, 2022

California approves lithium tax despite industry’s warnings

Governor Gavin Newsom approved the tax as part of a must-pass state budget on Thursday.

June 30, 2022

Oil posts first monthly drop this year as OPEC hikes supply

West Texas Intermediate dropped below $106 a barrel on Thursday, posting a monthly decline of 7.8%.