The great commodities boom of 2021 is facing its first big test
Commodities rally is wavering on worries about faster inflation, Federal Reserve hints at easing stimulus and China’s warning over measures to cool price spikes.
Fortescue Metals was hit by weak prices for its lower quality iron ore, and said it remains focused on cutting costs, including lining up cheaper debt.
Asia’s No.1 carmaker has developed a magnet that reduces dependence on neodymium, a key rare earth metal used in the world’s most powerful batteries for electric vehicles.