Copper price falls to lowest in 2 months on rising interest rates
"Now copper has broken below $7,475 a tonne, traders will be eyeing the $6,955 20-month low touched on July 15," said Saxo Bank head of commodity strategy Ole Hansen.
By disrupting mining activity, the coronavirus pandemic affected platinum supply much more than demand, pushing the roughly 8-million ounce market into a deficit of 932,000 ounces last year.
Many parts of the country are sitting on top of the materials that we need to produce battery technologies, says Secretary of Energy Jennifer Granholm.