Copper prices rose to a new record high on Tuesday (Jan 6), with continued supply disruptions and trading uncertainty pushing the metal to a nearly 30 percent rally since October. Benchmark three-month copper on the London Metal Exchange (LME) rose as much as 3.1 percent in early trading to a record high of US$13,387.50 a […]
Oil prices moved uneasily at the start of the week as market participants digested the fallout from a sudden US intervention in Venezuela over the weekend. Brent crude fell as much as 1.2 percent in early trading on Monday (Jan. 5), falling to around $60 a barrel before recovering modestly to trade just above $61. […]
Speak at Benchmark weekIola Hughes, head of battery research at Benchmark Mineral Intelligence, outlined a market that is experiencing “very strong growth” and is becoming essential for energy security. Hughes described energy storage as the fastest growing segment in the battery sector today. Benchmark expects the market to grow by about 44 percent this year, […]
China’s lithium market strengthened sharply on Monday (Nov 17) after Ganfeng Lithium (OTC Pink:GNENF,HKEX:1772) chairman Li Liangbin said at a domestic industry conference that demand for the key battery metal could grow by as much as 40 percent by 2026. The most traded lithium carbonate contract on the Guangzhou Futures Exchange rose 9 percent on […]
Researchers have documented the first known recovery of naturally formed monazite at the nanoscale from a living plant, potentially opening new avenues to recover highly sought-after rare earth metals. The studypublished this month in Environmental Science & Technology, identifies nanoscale monazite crystals within Blechnum Orientalean evergreen fern known to collect rare earth metals in unusually […]
Property owners, investors and the teams charged with managing all types of assets rely on suppliers to keep their operations running. But few pay much attention to how these suppliers are involved or held accountable until something goes wrong. Combined with pressing challenges such as rising operational costs, volatile supply chains and labor costs, and […]
Trick-or-treaters hoping the trend is temporary are likely to be disappointed, as climate change and other factors are expected to make higher cocoa prices a new long-term reality. Companies trying to control sky-high ingredient prices can only pass so much of the cost on to consumers, so they’ve also turned to portion sizes, alternative ingredients […]
Great -Britain will support Jaguar Land Rover with a loan guarantee of 1.5 billion pounds ($ 2 billion) to support the supply chain after the production of the luxury car manufacturer after a cyber attack. The closure of Jaguar Land Rover took almost a month and the government had investigated options to support the company […]
The Democratic Republic Congo (DRC) announced that it will cancel its eight -month Cobalt Export Ban on October 16 and it will replace it with annual quotas designed to stabilize global delivery and prices. Bloomberg reported That the authority of the country for the regulation and control of the markets of strategic mineral substances (Arecoms) […]
Kazatomprom, The Uranium giant of Kazakhstan, which is owned by the State, said that it will scales back production in 2026, and notes that current demand and supply dynamics do not justify a return to full capacity, even if the prices are firm in the long term. The company, which is good for more than […]