Pent-up demand, supply shocks, low stocks pushed aluminum, copper and coal prices to all-time highs, but new report suggests supercycle talk is premature.

Chinese lithium prices double again in 2022, Benchmark’s mid-March assessment shows with seasonal restart of domestic brine supply unlikely to counter growing deficits.

Analysts predict Turquoise Hill investors will seek a higher offer than the current C$34/share bid, perhaps greater than C$50/share.