Climate disasters risk putting a damper on electric car making
Automakers racing to make more EVs have a problem: climate change is catching up with the industry.
Automakers racing to make more EVs have a problem: climate change is catching up with the industry.
The jump follows a surge in zinc price the prior day after Nyrstar said it would put its zinc smelting operations at Budel on care and maintenance.
Europe’s energy crisis has claimed another victim in the power-hungry metals industry.
China’s infrastructure and automotive sectors are “already responding to policy support,” although a rebound in housing activity is expected to take longer, the producer said.
The aggregate purchase price for the outstanding shares of Loncan will be equal to C$16 million.
Annual copper demand is set to expand 53% to 2040, mainly driven by the electrification of transport and infrastructure, BNEF analysts said.
The Inflation Reduction Act marks another big movement in the reshaping of critical mineral supply chains, writes Andy Home.
Online platforms for industrial metals have gained momentum since last year as traders gradually move away from traditional paper-based systems.
The world's largest miner by market value said coal and copper prices have risen in the recent months due to tight supply and geopolitical tensions.
For the first seven months of the year, China produced 22.95 million tonnes, up 1.1% from the same period last year.