Category: Commodities

Saudi Arabia last year increased the valuation of its unexploited mineral resources from $1.3 trillion to $2.5 trillion, boosted by the discovery of rare earth elements and metals. The kingdom on Wednesday announced a new mineral investment project valued at $100 billion, with $20 billion already in...

Microsoft expects to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post. Over half of Microsoft’s $80 billion in spending will take place in the U.S., Microsoft Vice...

China isn’t short of options when it comes to critical minerals that could be used as counters in a trade war with the US. Beijing’s ban on Tuesday covering sales to the US of gallium, germanium, antimony and superhard materials, and tighter controls on graphite,...

On prices, First half of the month, nickel briefly touched prior lows around $15,500 per tonne but bounced back up into $16-$16,500 range, where they have spent the bulk of recent time, but saw a big rally where prices moved more than $2,000,$1/lb over $18,000...

Jeff Currie has been charting the path of commodities for decades, scouring the globe for clues to where oil, coal, copper, and gold prices might be headed next. Currie spent 27 years at Goldman Sachs, eventually becoming the head of global commodities research. His correct...

Challenges with mine supply in South Africa, by far the world’s largest platinum producer, should support prices for the auto catalyst metal, says Matt Watson, founder of Precious Metals Commodity Management LLC….

Copper has long been touted as a big winner from the world’s drive towards electrification. All those electric vehicles and new grids need lots of the metal to work. At the same time, since it takes years for new copper mining capacity to actually come...

Concerns are growing among energy analysts, executives, and media outlets covering the energy space about the feasibility of the Biden administration’s efforts to subsidize an energy transition from fossil fuels to renewables into reality. Big power demands to supply electric vehicle (EV) recharging, crypto mining...

We had Roger Baxter come on the show to chat all things PGM’s. Plenty of ground was covered from the current supply-demand set up, what the state of South African operations are, how a rapid adoption of hybrid vehicles will impact and market what role...