EV Metal Index jumps 245% YTD, boosted by rising sales of cars like the Ford Mustang Mach-E and Audi e-tron Quattro with high-nickel, cobalt batteries.
Warren Buffet-backed BYD says it’s opting for safer nickel, cobalt-free LFP batteries across its entire line-up as its “blade” technology overcomes driving range issues.
Top iron ore producer forecasts 50% fall in price; Vital Metals to become Canada’s first rare earths miner; Vale sells New Caledonia nickel assets to Trafigura