Global copper smelting eases in June; nickel pig iron jumps

Global demand dropped so much between January and March that the period became the weakest first quarter since the 2008 financial crisis.

China to allow foreign investors in iron ore futures from Friday.

State seeks enforced acquisition of MCC's Erdenet stake.

Company is accelerating expansion of its African zinc operations to take advantage of a surge in zinc prices.

The proposed acquisition means Chaarat would own Kumtor and will have control over management and operations of the mine.

Lack of new projects, investment deficit and increasing political risk will hit supply of cobalt, lithium, copper and nickel, key metals for making the batteries that power electric cars.

Meanwhile, silver coin purchases for the month rose 10 per cent higher than last year.

China's trade in industrial metals looks set for significant upheaval this year as the country adapts to fast-evolving supply chains.

What the bears seem to have in common is the belief that a rush of new lithium supply will soon hit the market.