Non-energy commodity prices rise at fastest rate since 2011
Commodity prices are rising rapidly as the manufacturing side of the global economy bounces back from the first wave of the coronavirus pandemic.
Commodity prices are rising rapidly as the manufacturing side of the global economy bounces back from the first wave of the coronavirus pandemic.
The surge caught the company by surprise.
Shares in small nickel and cobalt explorer GME Resources also jumped as much as 53%, apparently driven by the similarity of its stock ticker code to the US videogame retailer.
Researchers at Penn State University have developed a lithium-iron-phosphate battery with a range of 250 miles.
Company has trimmed its production guidance for diamonds in 2021 owing to ongoing operational challenges.
The polymetallic nodule fields in the CCZ of the Pacific represent the largest known, undeveloped nickel resource on the planet, the company said.
Elon Musk has set a production target of 20 million vehicles annually before 2030. For starters: 23 Ambatovys at $8.5 billion a pop.
Copper price wipes out all its 2021 gains with a 3% fall sending mining stocks skidding – Ivanhoe down 7.5%, First Quantum 6.4%.
New drill hole sets a record at the nickel-copper-cobalt project in Minnesota, as it represents the longest intersection of mixed massive sulphides at Tamarack.
Anticipated production for 2021 is consistent with initial guidance for 2020.