January 8, 2024

Goldman veteran Jeff Currie remains bullish on commodities this year

Demand for raw materials is at record levels, inventories are low, and spare production capacity is largely “exhausted,” the veteran analyst said.

January 8, 2024

Column: Asia thermal coal imports hit record, but supply keeps prices muted

The overall picture for the seaborne thermal coal market in Asia is that supply has risen by enough to offset strong demand by China.

January 5, 2024

Fatal blast in Indonesia puts battery metal ambitions in spotlight ahead of presidential vote

Some 200 million Indonesians will vote for a new leader next month.

January 5, 2024

First Quantum said to be in talks with Jiangxi over Zambian mines

The rumoured negotiations could see Jiangxi buying one of the two mines First Quantum has in Zambia, or a stake in one of them.

January 4, 2024

Lithium price plummet due to continue

Australia, which mined about half the world’s lithium in 2022, forecasts the spot price of spodumene will fall to $2,200 per tonne in 2025.

January 4, 2024

Palladium price falls as concern EVs will destroy demand returns to the fore

Commodity analysts said technical factors also played a part.

January 4, 2024

Pentagon to deliver report on domestic seafloor mining by March

Last month, members of Congress wrote urging the Department of Defense to prioritize planning for seabed mining as a "new vector of competition."

January 4, 2024

Dalian iron ore price extends gains as hopes of stimulus, replenishment persist

In December, China's central bank provided 350 billion yuan in loans to policy banks, boosting expectations for additional support to the housing sector.

January 3, 2024

Chile’s copper production down 2.34% in November – Cochilco

Production was down 16% at Codelco, while it jumped 6.3% at Escondida and rose 2.8% in Collahuasi.

January 3, 2024

Gold price down over 1% following resurgence in US dollar

The US dollar index is coming off its biggest daily gain since July.