Over 60% of critical minerals demand met through global trade: IEF
The IEF report predicts global demand for copper, nickel, cobalt, lithium and rare earths rising from 28 million tonnes in 2021 to nearly 41 million by 2040.
Iron ore price jumps on big spread between spot cargoes and futures
Iron ore futures rose as much as 4% on Thursday on a big spread between spot cargoes and futures and demand for the steelmaking ingredient strengthened. Benchmark 62% Fe fines imported into Northern China (CFR Qingdao) were changing hands for $178.41...
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