Battery Metals

Gold touched a new record of $2,450 an ounce on Monday as increasing optimism over the Federal Reserve’s monetary policy and rising geopolitical tensions paved the way for another rally in the metal. Bullion jumped by 1.4% to $2,450.07 per ounce during the session, surpassing a previous intraday high reached in April. By 11:30 a.m. […]

With time running out on its $43 billion pursuit of Anglo American Plc, BHP Group faces a critical question: what would it take to draw the smaller company to the negotiating table within the next few days? BHP’s plan to partially break up and then acquire Anglo has transfixed the mining industry by pitting two of […]

China’s top copper producer Zijin Mining (HKG: 2899) expects to produce 4% more copper in 2025 than previously planned to profit from the metal’s ongoing price rally, driven by anticipated supply shortages. The state-owned miner’s new goal is to boost copper production to 1.22 million tonnes next year. It also plans to further boost output […]

Copper vaulted toward a record in London and nickel spiked nearly 8%, capping a week of big moves in industrial and precious metals markets as bullish investors pile in and bearish bets unravel. Global benchmark copper contracts on the London Metal Exchange rallied as much as 2.8% on Friday to within striking distance of an […]

Gold’s record-setting rally may have captured the headlines this year, but it’s silver that’s running harder and faster as the less glamorous metal benefits from robust financial and industrial demand. Silver has soared by almost a quarter in 2024, outpacing gold and making it one of the year’s best-performing major commodities. Yet in relative terms, […]

The U.S. has been investing heavily in boosting its battery storage capacity and developing its electric vehicle (EV) battery manufacturing capabilities, and it seems that it has paid off as the country is now home to several massive battery projects with many more in the pipeline. Since the introduction of the Biden Administration’s Inflation Reduction […]

Onshoring the EV supply chain to Europe would cut the emissions of producing a battery by 37% compared to a China-controlled supply chain, according to new analysis by Transport & Environment (T&E). This carbon saving rises to over 60% when renewable electricity is used. Producing Europe’s demand for battery cells and components locally would save an estimated […]

Anglo American (LON: AAL) rejected on Monday BHP’s (ASX, LON, NYSE: BHP) latest takeover bid which valued the company at 34 billion pounds ($42.7 billion), stating it was “highly unattractive” for its shareholders. The new offer, received on May 7, was 10% higher than BHP’s first one, representing a 15% increase in the merger exchange ratio. The rejected […]

Anglo American Plc’s shareholders are pushing the company to speed up the release of its turnaround plan as the 107-year-old miner seeks to present an alternative to BHP Group Ltd.’s takeover bid. Anglo has been reviewing its business since mid-2023, looking at every mine in its portfolio to help reshape a company that’s fallen behind […]

Daimler Truck has the clear goal to lead the transformation to sustainable transportation and to address the challenges of tomorrow. The company is pursuing a vision of zero emissions and increased road safety by combining the two most promising technologies to deliver on that vision — battery electric drive and integrated autonomous driving technology — […]