State of strategic metals: navigating 2024 trends and global supply chain dynamics beyond China’s influence

Many factors, including economic conditions, technological advancements, and geopolitical events, can influence the status of rare metals.

Luisa Moreno | January 30, 2024 | 10:43 am

Pentagon plans AI-based program to estimate prices for critical minerals

The US Department of Defense plans to develop a program to estimate prices and predict supplies of nickel, cobalt and other critical minerals.

Reuters | January 30, 2024 | 9:01 am

LME targets Hong Kong as option for warehouse expansion

Chinese rules and regulations alongside resistance from competitor Shanghai Futures Exchange have frustrated LME's attempts to expand its network to China.

Reuters | January 30, 2024 | 8:31 am

Lithium miners warn on plunging profits after price freefall

Two of China’s biggest lithium companies became the latest miners to issue stark warnings over the health of the battery metal industry.

Bloomberg News | January 30, 2024 | 8:20 am

China Baowu raises $1.4bn via bond, mostly for Simandou iron ore project

The entire Simandou project will be completed and put into operation in 2026, Baowu said in the document.

Reuters | January 30, 2024 | 8:15 am

Global clean energy spending surges to $1.8 trillion. It’s not enough

Total spending surged 17% last year to $1.8 trillion in installing renewable energy, buying electric vehicles, building hydrogen production systems and deploying other technologies

Bloomberg News | January 30, 2024 | 7:19 am