Commodities will rally when the Fed cuts rates, Invesco says

The proceeds will used to fund exploration at the company's flagship Yellowknife lithium project in the Northwest Territories.

The LME has drawn fire from all sides since a massive nickel short squeeze caused prices to quadruple in a few days in March 2022.

The US bank is expanding its footprint in metals after it agreed a similar zinc deal in August.

Copper miners and smelters are unlikely to settle the annual treatment and refining charges (TC/RCs) for 2024 this week.

The company unveiled the first step in the process, with the deal to buy control of Teck.

SQM said its third-quarter net earnings fell 56.4%, dragged down by falling lithium prices.

The country’s lithium industry has seen a frenzy of deals this year.

“We are not very optimistic about copper prices,” said the head of copper trading at Shanghai Wooray Metals.

PT Amman Mineral climbed as much as 2.5% to a record high after MSCI announced it will be added to its global standard indexes.