Battery Metals

Gold logged another record high on Tuesday as uncertainties surrounding the US presidential election and the Middle East conflict kept bullion’s appeal high. Spot prices rose as much as 0.9% to $2,771.70 an ounce, topping the all-time high set last week, before settling back at 2,763.24 an ounce by noon EDT. US gold futures gained […]

Russia’s Nornickel, the world’s largest producer of palladium and a major producer of refined nickel, has raised its 2024 production guidance for all metals. The company said on Monday that its full-year nickel production forecast was now at 196,000-204,000 metric tons, up from 184,000-194,000 tons previously. The new target was still below the 209,000 tons […]

Researchers from the University of Virginia have made significant strides in the rapidly advancing field of 3D-printed concrete by developing a more sustainable, printable cementitious composite. This new material, which combines graphene with limestone and calcined clay cement (LC2), offers enhanced strength and durability while significantly reducing carbon emissions, making it a powerful solution for […]

Under a new agreement inked between Ford and LG, the companies will move production of EV batteries for the Ford Mustang Mach-E from Poland to its Michigan facility in 2025. This (of course) has everything to do with the IRA and tax credits. “To capitalize on competitive market conditions,” the new agreement moves Ford Mach-E […]

Carmaker Stellantis will launch by 2026 a demonstration fleet of vehicles fitted with solid-state batteries from U.S. startup Factorial, the two companies said on Wednesday. Solid-state batteries are expected to reduce fire risk and allow for lighter, lower-cost cars that can travel further on a single charge. They are seen as a game-changing technology for […]

Palladium surged as much as 9.5% after the US asked the Group of Seven allies to consider sanctions on Russian exports of the precious metal. The Biden administration floated the potential restrictions at a meeting of G-7 finance officials in Washington this week as it mulls fresh ways to squeeze President Vladimir Putin’s war efforts. Russia’s […]

Gold retreated from a new all-time high set on Wednesday as some investors booked profits while assessing geopolitical risks from the US election and Middle East conflicts. Spot gold dropped 1.0% to $2,718.79 an ounce by 12:10 p.m. ET after briefly hitting an all-time high of $2,758.25 in the morning trading. US gold futures also fell 1.0% […]

Gold climbed to a fresh record as the approaching US election and conflict in the Middle East boosted haven demand. Bullion hit an all-time high of $2,748.36 an ounce, topping Monday’s record. Traders have flocked to the market amid a tight US presidential vote and persistent concern that violence in the Middle East may escalate […]

Citi Research raised its three-month forecast for gold prices, citing possible further US labor market deterioration, interest rate cuts by the Federal Reserve, and physical and ETF buying, it said in a note on Monday. The bank upgraded its three-month gold price view to $2,800 per ounce from $2,700 previously, adding that its 6 to […]

Graphite One (TSXV: GPH) has been earmarked for a potential $325 million financing from the Export-Import Bank of the United States (EXIM) to support its production of battery anode materials. The funding, if approved, would be made through the EXIM’s “Make More in America” and “China and Transformational Exports Program” (CTEP) initiatives, which are designed to strengthen sectors that […]