Copper miners to see profit grow further in 2018 — report
Profit margins are expected to end significantly higher this year, and this trend to continue over the next two years, a study by S&P Global Market Intelligence shows.
Profit margins are expected to end significantly higher this year, and this trend to continue over the next two years, a study by S&P Global Market Intelligence shows.
This year, copper was shoved out of the London limelight by new hot metals such as lithium, cobalt and nickel.
BHP CCO Balhuizen says while 2017 marks "tipping point" for EVs entering mainstream of metals demand forecasting, in terms of sales mass move is further off.
Mike Beck gives a provides a detailed analysis on lithium, uranium, and nickel.
According to the International Lead & Zinc Study Group, the 10 largest zinc companies account for roughly 45% of world total, leaving plenty of room for smaller producers to grow.
World's biggest miner is getting ready to provide enough copper for the 140 million electric cars forecast by 2035.
Commodity markets are being turned upside down by the EV revolution.
Battery boom promises new and growing market for high-grade nickel products, but half the world's supply of the metal is unsuitable for battery production.
After years of dismantling discarded televisions and laptops, a Shanghai recycling plant is readying itself for a new wave of waste: piles of exhausted batteries from the surge of electric vehicles hitting China's streets.
Prices for cobalt metal, used in production of electric vehicle batteries, have tripled to nine-year peaks above $30 a pound from below $10 a pound in late 2015.