Battery Metals

Deep-sea mining is likely just a matter of time, according to the head of the International Seabed Authority (ISA). “Clearly now, we are reaching a very high level of interest so I would say that yes it seems to be inevitable,” said Michael Lodge, the secretary-general of the ISA, in an interview with CNBC. Sign […]

Copper tumbled — falling below the $9,000-a-ton threshold for the first time since early April — on the back of a selloff in global stock markets and rising pessimism about the outlook for demand in China and elsewhere. The industrial metal is down by about a fifth since reaching a record in mid-May, with bold, […]

Fusion vessels have a Goldilocks problem: The plasma within needs to be hot enough to generate net power, but if it’s too hot, it can damage the vessel’s interior. Researchers at the Princeton Plasma Physics Laboratory (PPPL) are exploring ways to draw away excess heat, including several methods that use liquid metal. One possibility, say […]

Mercedes-Benz put up a 3% stake in the EV battery cell manufacturer Farasis Energy all the way back in 2020, working the sustainability angle as well as performance. Now all that hard work is beginning to pay off. Farasis has just announced the results of an accelerated testing schedule, leading the company to claim that […]

Copper dropped as base metals extended the worst weekly slump in almost two years, with a modest rate cut in China doing little to offset worries about demand in the world’s top commodities consumer. Prices for the metal viewed as an economic bellwether fell for a sixth day, even after China increased support for the […]

Saudi Arabia’s mining minister will visit Brazil and Chile over the coming two weeks, the ministry said on Sunday, as the world’s leading oil exporter seeks to expand its international presence in mining. In Brazil, talks will cover mining, food processing, and aviation, while in Chile the focus is on lithium, needed for electric vehicle […]

Money managers’ wagers in gold jumped to the highest level in four years, signaling investor concerns surrounding the US presidential election campaign as well as renewed focus on the timing of Federal Reserve interest-rate cuts. Hedge funds and other large speculators boosted their net-long position in gold, often used as a hedge against rising political […]

Copper headed for its biggest weekly loss since 2022 and iron ore extended a slump toward $100 a ton as a policy meeting in China failed to lay out more stimulus to shore up metals demand. Futures for copper have fallen by about 5% in London this week amid a broad retreat that’s also battered […]

Gold steadied after setting another record on Wednesday as traders upped their bets on Federal Reserve rate cuts while weighing the uncertain political outlook in the US. Spot gold climbed to an all-time high of $2,483.73 an ounce before paring gains. By 12:45 p.m. ET, it had retreated to $2,455.71 an ounce. US gold futures […]

Iron ore futures prices slumped to a nearly three-week low on Wednesday, undermined by weak seasonal demand from top consumer China and mounting global supply. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade nearly 2.7% lower at 805 yuan ($110.78) a metric ton, the lowest since June 26. […]