China lithium probe puts spotlight on reserves and ESG risks

The authorities would take further measures to ensure iron ore price stability and strictly crack down on irregularities.

Global consumption of lithium in 2021 was estimated to be 93,000 tonnes, a 33% increase from 70,000 tonnes in 2020.

Other steelmaking ingredients on the Dalian bourse also jumped.

“Aluminum markets are facing a melt-up in prices this year, driven by simultaneous deficits in both China and ex-China drawing on already low stock of inventory,” Goldman analysts say.

China set 2030 as the new deadline for peak-emissions for the steel sector, against an earlier target of 2025.

LME copper stocks give every appearance of experiencing a second grab-it-while-you-can impulse wave, writes Andy Home.

Global production hit 170,000 tonnes last year, up 20% over 2020, according to preliminary data released by the USGS.

China's steel scrap supply to reach more than 300 million tonnes by 2025.

China's industry ministry met automakers and battery companies last month to discuss surging prices.