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Metals

British Steel Plans to Build Electric Arc Furnace at Scunthorpe Site

May 17, 2024 at 08:45 | Metal Miner

Via Metal Miner British Steel recently secured permission from the local authorities to build an electric arc furnace at its Scunthorpe site in…

Precious Metals Markets Slide Sideways

May 17, 2024 at 08:38 | Metal Miner

Via Metal Miner The Global Precious Metals MMI (Monthly Metals Index) slowed its upward price action and moved…

Are High Commodity Prices Becoming a Problem for the Fed?

May 16, 2024 at 08:45 | ZeroHedge

About a month ago, HSBC Global Research noted a forecast for a "weak" bull market in commodities. New data shows that the US…

EU Courts Kazakhstan and Uzbekistan for Critical Raw Materials

May 15, 2024 at 09:22 | Metal Miner

Via Metal Miner Ramped-up offshore exploration for rare earth metals and minerals, vital components in sought-after products like hybrid vehicles and smartphone screens,…

Anglo-American Pivots to Copper Amid BHP's Hostile Takeover Bid

May 14, 2024 at 09:20 | ZeroHedge

London-listed Anglo-American has unveiled a "clear, compelling, and decisive plan to unlock significant value from its portfolio." This strategy involves selling its platinum and diamond business units while concentrating…

Trafigura Dumps Over 400,000 Tons of Aluminum into LME Warehouses

May 13, 2024 at 09:48 | Metal Miner

Via Metal Miner Overall, the Aluminum Monthly Metals Index (MMI) rose 7.06% from April to May.

Copper Mining Stocks Poised to Benefit from Growing Demand

May 10, 2024 at 09:28 | ZeroHedge

Copper is essential for clean energy applications such as solar panels, wind turbines, and electric vehicles (EVs), as well as for expanding electrical grids. The surge…

U.S. Unveils Ambitious Plans to Boost Domestic Lithium Production

May 10, 2024 at 09:22 | Felicity Bradstock

The U.S. has big plans for lithium production in the coming years as it ramps up output to support the rollout of utility-scale battery storage and greater electric vehicle (EV)…

Bearish Nickel Prices Squeeze Steel Mill Earnings

May 09, 2024 at 09:52 | Metal Miner

Via Metal Miner Nickel prices followed other base metals up throughout April, with a nearly 15% month-over-month rise. By late…

Will Central Bank Digital Currencies Undermine Gold's Value?

May 07, 2024 at 10:00 | ZeroHedge

Via SchiffGold.com, With the eventual introduction of central bank digital currency (CBDCs) now seemingly inevitable, there are a lot of directions central banks could take with…

Steel Producers Make Major Move to Improve Market Transparency

May 06, 2024 at 09:29 | Metal Miner

Via Metal Miner The Raw Steels Monthly Metals Index (MMI) moved sideways, with a modest 1.86% decline from…

China's Rare Earth Dominance Faces Challenges As Global Supply Chain Shifts

May 03, 2024 at 10:08 | Metal Miner

Via Metal Miner The Rare Earths MMI (Monthly Metals Index) saw a massive rebound after

China, Australia, and Russia Dominate Global Gold Production

May 03, 2024 at 10:01 | ZeroHedge

Over 3,000 tonnes of gold were produced globally in 2023. In this graphic, Visual Capitalist's Marcus Lu

Is Copper Heading to $15,000?

May 01, 2024 at 09:16 | Metal Miner

Via Metal Miner It took about 24 months for the price of copper to reach the psychological mark of U.S. $10,000 per metric…

Uranium Stocks Surge as White House Considers Russian Import Ban

Apr 30, 2024 at 09:55 | ZeroHedge

Uranium stocks moved higher late in the US cash session after a report from Bloomberg, citing "people familiar with the matter," revealed that…

India's Steel Industry Faces Challenges Despite Growing Demand

Apr 29, 2024 at 09:25 | Metal Miner

Via Metal Miner India has ended the financial year 2023-2024 as a net importer of finished steel, which has sent the alarm bells…

How Copper Is Defying Weakness in China to Make A Serious Bull Run

Apr 25, 2024 at 16:25 | Alex Kimani

The entire base metal complex has been bullish in the current year, led by a 37% surge by tin and 17% by copper despite a weaker Chinese market and the…

How Gold Became an Essential Component in Nvidia's GPUs

Apr 25, 2024 at 10:18 | ZeroHedge

Via SchiffGold.com, What is Nvidia? If you’re a committed gamer the question may sound like nonsense. Nvidia, which was founded in 1993

Anglo-American's Share Price Soars on BHP Buyout Talks

Apr 25, 2024 at 10:02 | City A.M

The mining world is all aquiver this morning at talks of a potential mega-deal from BHP to buy up London-listed

China's Steel Market Tactics Under Scrutiny as Steel Demand Increases

Apr 24, 2024 at 09:19 | Metal Miner

Via Metal Miner New China tariffs may soon change the country’s steel market tactics. China continues to sit on a stockpile of steel,…

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