Battery Metals

With the annual copper industry gathering wrapping up this week, participants making their way home from Chile’s capital do so with the bellwether metal honing in on two-year highs. In US trading on Friday copper for delivery in May hit an intra-day high of $4.51 a pound or $9,942 a tonne, up more than 16% […]

Cleaner transportation is headed to the skies, as researchers at Oak Ridge National Laboratory are working on new batteries for airborne electric vehicles. Known as eVTOLs, for electric vertical takeoff and landing, these aircraft range in function from delivery drones to urban air taxis. They are designed to rise straight up in the air and […]

Gold held steady for a second straight session on Wednesday and remains near a record high, as rising geopolitical risks continue to offer support even as the Federal Reserve signalled a possible delay in its interest rate cuts. Spot gold edged 0.1% higher to $2,387.12 per ounce by 9:12 a.m. EDT, about $50 off its […]

Will all-solid-state batteries be a “game-changer for EVs?” Nissan believes so. The automaker is accelerating all-solid-state EV battery development, hoping to make its electric models more competitive. Nissan kicked off construction on its all-solid-state EV battery pilot line this week with plans to introduce them in a wide range of models, including pickups. Nissan preps for all-solid-state […]

Copper closed regular trading hours Monday at $4.38 a pound or $9,656 a tonne, up 2% on the day bringing year to date gains to more than 12%. Copper is now trading at levels last seen early June 2022. The run up over the past few weeks was sparked by pledges from Chinese smelters to […]

Investors and metals traders can’t agree on what exactly is behind gold’s recent rally. At King Gold & Pawn in Brooklyn, the customers don’t care. They just want to sell. For some, sky-high values simply mean it’s a good time to cash in; It’s hard to ignore record prices that climbed above $2,400 an ounce last week. For […]

Washington and London on Friday prohibited metal-trading exchanges from accepting new aluminum, copper and nickel produced by Russia and barred the import of the metals into the US and Britain. The action is aimed at disrupting Russian export revenue amid Moscow’s ongoing invasion of Ukraine, which has killed or wounded tens of thousands and reduced […]

  Washington and London on Friday prohibited metal-trading exchanges from accepting new aluminum, copper and nickel produced by Russia and barred the import of the metals into the US and Britain. The action is aimed at disrupting Russian export revenue amid Moscow’s ongoing invasion of Ukraine, which has killed or wounded tens of thousands and […]

Scientists have discovered a new process that could supercharge the transition to next-generation rechargeable batteries capable of more than doubling the range of current electric vehicles. The research could help facilitate a switch from conventional lithium-ion batteries – which are found in everything from smartphones to electric cars – to solid-state sodium batteries, which are […]

Vitol Group confirmed that it’s starting to rebuild a trading book for metals after a long stint out of the market, with an “exciting decade” ahead. “It’s a relatively small addition to our business,” Chief Executive Officer Russell Hardy said at the Financial Times Commodities Summit on Tuesday. Hardy’s comments are the first public acknowledgment […]