Category: Commodities

Renault Chairman Says China Raw Material Risk Wakes Him at Night Senard says EU hasn’t assessed dependence on Chinese metals Alludes to China’s new gallium, germanium export restrictions   LINK

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 terawatt-hours...

Appian Capital Advisory bought the Santa Rita nickel mine out of bankruptcy for $68 million and the Serrote copper-gold project for $40 million in 2018. The previous owners of the Santa Rita had already spent $1 billion building the mine. Last week, the London-HQ company sold...

For a company with “gold” in its name, Barrick Gold Corp. has become noticeably fixated on copper. The world’s second-largest bullion producer recently approached First Quantum Minerals Ltd. to discuss a potential takeover, Bloomberg reported last week. And while the move was unsuccessful — Barrick’s informal overtures...

First Quantum Minerals Ltd. recently rebuffed an informal takeover approach from Barrick Gold Corp., the world’s second-largest producer of the precious metal, as miners scour the globe for deals, people with knowledge of the matter said. Barrick made overtures to First Quantum in the last...

A recent presentation by S&P Global Market Intelligencemining and metals team featured a couple of graphs that crystalize the fundamental challenges facing copper mine supply.  Mitzi Sumangil, associate analyst at the US-based research firm, presented a graph showing the yawning gap between copper mining companies’ profits and...

Copper demand has skyrocketed as the push for electrification of vehicles and energy sources continue to take over. The non-precious metal is important in the shift away from fossil fuels as it is critical for EVs, windmills, solar panels and even the entire power grid....

Robert Friedland, Founder & Executive Co-Chairman of Ivanhoe Mines, shares his view on commodity prices and whether a supercycle is under way with Bloomberg’s Erik Schatzker at the 2023 Qatar Economic Forum. The government of the State of Qatar is the underwriter of the Qatar...