Australia risks losing its iron ore dominance, Fortescue CEO saysAustralia is the world's biggest supplier of seaborne iron ore, accounting for around half of global supply.Reuters | October 28, 2024 | 5:54 pm
US recycles the most gold from e-waste, study showsIt is estimated that the US generated 13,767 kg of…Staff Writer | October 28, 2024 | 10:29 am
China gold demand plunges as record prices deter jewelry buyersGold demand in the world’s biggest consumer plunged by more…Bloomberg News | October 28, 2024 | 7:02 am
EV batteries with nickel get boost in China after prices retreat China’s EV market is offering a tentative challenge to the shift toward batteries with no nickel or cobalt. Bloomberg News | September 18, 2024 | 10:08 am
China pushes back on US probe of uranium exports China said it is willing to continue "normal economic and trade cooperation" with countries around the world, including Russia. Reuters | September 18, 2024 | 9:37 am
Germany launches raw materials fund to strengthen supply chains The German government is launching a $1.1 billion fund for investment in raw materials. Bloomberg News | September 18, 2024 | 8:20 am
Zijin vows to keep investing in Canadian mining despite crackdown The comments echo sentiments expressed in March by China’s ambassador to Canada. Bloomberg News | September 17, 2024 | 12:33 pm
Bank of America forecasts copper price above $10,000, iron ore price below $80 by 2025 While the outlook for iron ore appears grim, BofA remains bullish on copper due to strong structural demand. Staff Writer | September 17, 2024 | 10:07 am
BHP warns AI boom would worsen copper shortage Growth of data centres and AI could boost copper demand by 3.4 million tonnes a year by 2050, CFO Vandita Pant said. Cecilia Jamasmie | September 17, 2024 | 7:17 am
Daye copper plant in China to close for 3 months after fire The stoppage could mean the release of copper raw materials to the market, which has faced unprecedented shortages this year. Reuters | September 16, 2024 | 10:26 am
Goldman Sachs cuts Q4 iron ore price forecast by $15/t on supply glut The bank cited market oversupply even though demand from top consumers in China is stabilizing. Reuters | September 16, 2024 | 7:25 am
China’s grip on rare earths undercuts projects from US to Japan A slump in prices since 2022 is undermining the business case for rare earth projects. Bloomberg News | September 16, 2024 | 7:05 am