November 21, 2023 Iron ore price soars to 9-month high on China stimulus anticipation Iron ore surged with demand optimism growing as more details emerge about China’s latest economic stimulus drive.
November 20, 2023 Copper price rises on growing optimism for an end to Fed’s rate hikes Investors have been adding to bets that the Fed’s tightening cycle has ended after a series of US data points showed the world’s biggest economy is slowing.
November 18, 2023 Antofagasta agrees lower 2024 copper charges with Chinese smelter Antofagasta agreed to treatment and refining charges of $80 a tonne and 8 cents per pound with Chinese smelter Jinchuan Group.
November 17, 2023 Report to US Congress raises concerns over China’s rare earth control China could effectively cut off 40–50% of global rare earth oxide supply.
November 17, 2023 Western lithium, graphite miners boost prices for ESG-friendly supply The surcharges mirror a plan from the rare earths industry as Beijing exerts control of the critical minerals market.
November 17, 2023 CMOC sees electricity as constraint on Congo expansion To improve the power supply, CMOC has been looking to tap hydropower projects and other new energy sources.
November 16, 2023 Nickel crisis shows LME could learn from China, Minmetals says The LME has drawn fire from all sides since a massive nickel short squeeze caused prices to quadruple in a few days in March 2022.
November 16, 2023 Citi delivers around $155 million worth of zinc for rent deal The US bank is expanding its footprint in metals after it agreed a similar zinc deal in August.
November 16, 2023 China’s controls on graphite exports “a loud wakeup call” for the US, says Graphex CEO While there is a need for 200,000 tonnes of graphite to meet demand, the reality is, the current US supply capability is zero.
November 16, 2023 Death toll in China coal firm office rises to 26; at least 38 injured President Xi Jinping urged the authorities to ensure more safety measures are put in place to avoid such incidents.
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