Metal Commodities
China, world’s leading graphite producer, to control exports of crucial battery material
This image taken on March 12, 2021 demonstrates staff at a manufacturing unit for Xinwangda Electric Car Battery Co. Ltd, which tends to make lithium batteries for electric powered vehicles and other utilizes, in Nanjing in China’s jap Jiangsu province. Str | Afp | Getty Photos China will require export permits for some graphite products from Dec. 1 to […]
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The 117-12 months-old steel maker that is important to fixing local climate tech’s recycling difficulty
One particular of the 1st thoughts Tamara Lundgren typically listened to when she released herself as the CEO of Schnitzer Metal is, “What variety of steel do you make?’” Launched in 1906 by Russian immigrant Sam Schnitzer, the company started off as a 1-person scrap metal recycler. Over 117 yrs afterwards, a series of acquisitions […]
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BHP posts file total-12 months iron ore output, flags rising costs
BHP Group’s symbol adorning the side of its world wide headquarters in Melbourne on February 21, 2023. William West | AFP | Getty Visuals BHP Group on Thursday described its highest at any time annual iron ore production, served by the ongoing ramp up at its South Flank functions in Western Australia but flagged it faces rising costs. The world’s major stated […]
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Australia’s essential minerals market requires quicker permits, not subsidies, BHP suggests
BHP Group’s brand adorning the aspect of its world-wide headquarters in Melbourne on February 21, 2023. William West | AFP | Getty Visuals Australia’s critical minerals strategy does not need the sugar hit of more subsidies as excellent tasks will come across investment, but the country needs to hasten mine growth timeframes and rework new workplace laws, BHP’s CEO said on Tuesday. BHP CEO Mike Henry’s […]
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Gold dips but established for weekly rise on Fed price pause hopes
Akos Stiller | Bloomberg | Getty Photos Gold prices dipped on Friday after climbing additional than 1% in the former session, despite the fact that hopes of a likely pause on desire price hikes by the U.S. central bank held bullion on monitor for a weekly obtain. Spot gold fell .2% to $1,963.41 for each ounce by 05:15 […]
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Individuals assume gold beats shares as a lengthy-phrase expenditure. Advisors disagree: ‘It’s much more like a speculation’
FA Playbook People in america consider gold beats shares as a lengthy-term investment. Advisors disagree: ‘It’s extra like a speculation’ Released Wed, May 17 20232:27 PM EDT Greg Iacurci@GregIacurci Enjoy Reside Source
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China’s steel demand from customers is set to slow. That could dent iron ore price ranges by nearly 30%
Personnel process seamless metal pipes at a manufacturing line in Huai ‘an, Jiangsu province, China, Oct 20, 2022. CFOTO | Long term Publishing | Getty Photos Iron ore selling prices could slide as much as 28% by the finish of 2023 as China’s steel demand from customers and output are set to slide, industry experts […]
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Bank of The us sees lithium surplus in 2023 as desire eases
Salt evaporation ponds seen on Bristol Dry Lake wherever Typical Lithium Ltd. is making ready to use Direct Lithium Extraction (DLE) technologies to capture lithium from brine on November 30, 2022 close to Amboy, California David Mcnew | Getty Visuals Information | Getty Visuals There could be a surplus of lithium in 2023 as higher […]
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Iran suggests it is learned what could be the world’s second-largest lithium deposit
A lithium mining equipment moves a salt by-solution at the mine in the Atacama Desert in Salar de Atacama, Chile on Oct 25, 2022. Lucas Aguayo Araos| Anadolu Company | Getty Visuals Iran claims it can be discovered a enormous deposit of lithium — a crucial ingredient in batteries for devices and electric powered autos […]
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Citi is bearish on lithium in the brief term, but names 3 stocks
Citi is bearish on lithium — at least for the near future. Which is simply because China’s substantial electric powered automobile sector is showing signs of slowing, the bank stated, citing the country’s removal of EV subsidies and Tesla’s suspension of production at its Shanghai plant. Lithium is a crucial component of electric auto batteries. […]
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