BMI forecasts decline in zinc price by year-end amidst weakening demand outlook The revised forecast now stands at $2,550/tonne, down from the initial projection of $3,000/tonne. MINING.COM Staff Writer | June 22, 2023 | 9:51 am
Copper price rises on tight supply Supply has tightened because of recent unfavorable import conditions, partly due to a weakening yuan. MINING.COM Staff Writer | June 21, 2023 | 7:54 am
Bill Gates-backed KoBold Metals is the Silicon Valley’s newest unicorn The company raised $200 million to dig for copper and lithium using AI. MINING.COM Staff Writer | June 20, 2023 | 12:48 pm
Saudi’s PIF emerges as lead bidder for $2.5 billion Vale base metals stake Saudi Arabia's Public Investment Fund may strike the deal for a roughly 10% stake of Vale's nickel and copper operations. MINING.COM Staff Writer | June 20, 2023 | 10:11 am
Copper price drops as uncertainty surrounds stimulus in China Traders expect China to cut benchmark rates on Tuesday, the first such easing in 10 months. MINING.COM Staff Writer | June 19, 2023 | 9:37 am
EV battery prices rise for the first time in 2023 Battery prices are particularly being impacted by lithium carbonate prices in China, which increased by 55% in May. MINING.COM Staff Writer | June 16, 2023 | 11:31 am
Battery storage installations to increase ten-fold by 2030 — report New battery storage capacity to surpass 400 GWh per year by 2030. MINING.COM Staff Writer | June 15, 2023 | 10:57 am
Copper price rises as China’s rate cut raises stimulus hopes The central bank of China lowered a short-term lending rate for the first time in 10 months to prop up its post-pandemic recovery. MINING.COM Staff Writer | June 13, 2023 | 9:25 am
Cobalt price has fallen nearly 30% this year Goldman Sachs is forecasting softness for battery metals including cobalt, lithium and nickel in the second half of 2023 amid an oversupply. MINING.COM Staff Writer | June 12, 2023 | 9:40 am
Iron ore price falls nearly 4% after Goldman’s China property warning The investment bank said in a note that it sees persistent problems in Chinese real estate. MINING.COM Staff Writer | June 12, 2023 | 8:53 am
