China’s grip on germanium gets challenged by new Congo plant

The LME base metals index jumped by 10% in January as investors placed their bets on a resurgent Chinese economy.

Following a 45% rally in 2022, nickel has slumped 11% on the London Metal Exchange this year.

Global auto sales are worth around $2.5 trillion a year.

The Chinese company's battery unit is aiming to build a facility with the capacity to produce 40 gigawatt hours per year of its Blade Battery.

"The profits of steel mills have not improved," Huatai Futures analysts said.

Mongolia is changing the way it sells its product in a bid to improve transparency and reap better returns from its top export earner.

It’s far from clear whether a traditionally cautious mining industry will embrace the scale of investment needed to rewire the world.

Analysts estimate that the path to net zero may require digging up 5.2 billion metric tons of metals through 2050, which may be worth as much as $10 trillion.

Ford is moving ahead with the project despite uncertainty around how the US Treasury Department will interpret requirements in the Inflation Reduction Act.