Not even the most hawkish Federal Reserve in decades can beat down the exuberance of gold enthusiasts at the industry’s biggest annual gathering.

The company said it will repurchase the shares over the remainder of this year and will allocate 75% of its excess cash for more buybacks in 2023 and 2024.

The metal slid as much as 0.9% Monday, reversing earlier gains, to extend September’s slump.

SQM forecasts a “very tight market” for lithium in the years ahead.

LME brokers were approached by Tsingshan for credit.

BHP has been considering raising its bid for OZ Minerals and could increase its proposal as soon as this month.

Spot gold prices globally have fallen about 9% this year and plunged to the lowest since 2020 last week.