Umicore shares up as Canada offers subsidies for battery plant in Ontario

The explorer has land positions at sites including the Salar de Atacama.

Sinomine ’s chairman sees lithium carbonate prices dropping to about $57,443 a ton in 2023.

Any way you slice it, 2022 was a turbulent year, from Russia’s invasion of Ukraine to historic inflation and jumbo rate hikes to multiple failures in the digital asset space.

Bullion's losses were capped by a drop in both Treasury yields and the dollar, which kept prices above the $1,800 an ounce level.

The country’s behemoth iron ore miners ended the year on a high as China’s abrupt Covid Zero reversal and a steady stream of supportive policies raised the outlook for demand. 

Bullion has gained nearly $200 after falling to a more than two-year low in late September.

The electric-vehicle maker’s market valuation has shrunk to roughly $372 billion.

China will stop requiring inbound travelers to go into quarantine starting from Jan. 8.

Iron ore futures rose on Tuesday, with the Singapore benchmark price hitting its highest in five months.