Post-pandemic demand, Russia-driven supply troubles buoy copper price outlook
Analysts expect historically high prices for copper, aluminum, nickel, zinc, steel, and other base and precious metals to benefit miners in the year’s second half….
Asia
Miners must invest in critical minerals or risk energy transition
The world’s biggest miners need to aggressively invest in critical metals or will hold back the global energy transition away from fossil fuels, a new report…
Lithium supply struggles to keep up with demand – report
While prices for battery-making products such as lithium spodumene, carbonate and hydroxide have rallied by 1,553%, 1,057% and 744%, respectively, since mid-2020, the lithium market…
Base and Battery metals Snapshot: Eight companies to watch
As the world continues to electrify and concerns escalate around the supply of raw materials, including copper, zinc, lithium, and PGMs, required for the transition…
China drags down entire industrials metals complex – Fitch report
Analysts expect slowing Chinese GDP growth to weigh on most metals prices in the near term. However, they also note strong fundamentals providing optimism for…
Higher prices do not incentivize more production: BofA report
Higher commodity prices are not high enough to incentivize new production to come online, as slowing demand from China weighs heavy, especially on copper. Bank…
Australian court okays MMG’s Tasmania tailings dam study to proceed
In what has been labelled a ‘pro-mining judgment against the environment’ by a non-governmental organization, Chinese-owned base metals producer MMG Inc. has won the right…
Glencore hails trading unit outlook, cuts copper guidance
Miner and commodities trader Glencore (LSE: GLEN) touted on Thursday prospects for its trading unit, saying it faces another strong year as Russia’s invasion of…
Guinea junta turns up the heat on bauxite miners
The military junta that took control of Guinea in September is heaping pressure on multinational miners to refine raw bauxite, a raw material used to…
Barrick aims to start producing at Pakistan’s Reko Diq in 2027
Barrick Gold (TSX: ABX; NYSE: GOLD) aims to start producing copper and gold from its Reko Diq project in Pakistan’s Balochistan province in 2027, the…
Analysts adjust higher metal price assumptions on Russia-Ukraine conflict
Several analysts have adjusted higher their metal price assumptions for 2022 as the February Russian invasion of Ukraine drags on, wreaking havoc on global metals…
Black Iron won’t publish Shymanivske feasibility until there’s peace in Ukraine
Ukraine-focused iron ore developer Black Iron Inc (TSX: BKI; US-OTC: BKIRF) will not publish the highly anticipated feasibility study for the Shymanivske project until peace has…