With no recovery in sight, lithium prices force miners to reevaluate output
The price of the material that’s vital to the energy transition has plunged by around 80% since late 2022.
China’s Dalian Commodity Exchange said on Tuesday it would allow individual foreign investors to trade iron ore futures on the bourse starting Wednesday.
The exchange had in April last year opened up its iron ore contract, which was already among China’s most liquid commodities derivatives, to foreign brokerages.
(By Tom Daly and Muyu Xu; Editing by Shreejay Sinha)