Column: Power is the big new problem for industrial metals supply
Europe's power crunch is taking a rising toll on the region's industrial metals sector, writes Andy Home.
Europe's power crunch is taking a rising toll on the region's industrial metals sector, writes Andy Home.
Korean scientists developed a method to strengthen lithium-ion batteries’ anodes, making them more resilient to volume changes.
The idea Tesla and SAIC suppliers may be prioritized for power as people suffer in what is intense heat sparked a backlash on Chinese social media.
Energy-intensive sectors such as steel, fertilizers, and aluminum are being forced to close factories or pass on soaring costs.
The miner's net profit was $859.3 million for the quarter, up from $89.8 million a year earlier.
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.
Floods in the northern Shanxi province, the biggest coal producer, are also leading to mine closures that could impact the wider electricity market.
Graphite, which is mostly produced in China, may cause issues.
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.