Battery Metals

Lithium metal batteries (LMBs) can provide nearly 10 times higher energy density compared to the present Lithium-ion batteries (LIBs) and hence are identified as one of the potential future storage systems. However, LMBs pose certain safety concerns and cannot be used for fast-charging applications. Uncontrolled dendrite formation, leading to excessive heating and battery short circuit […]

Nio Inc. NIO recently signed an agreement with CATL, a China-based battery manufacturer, for the development of long-lasting electric vehicle (EV) batteries with up to 15 years of life, nearly twice the current national warranty standard. NIO is currently using CATL’s cells in its passenger EV packs. CATL is the sole battery supplier for NIO’s battery […]

Copper hit a fresh 11-month high in London, tracking a rally in US equity markets at the start of a busy week for global central-bank policy. Prices climbed as much as 1% to $9,164.50 a ton on the London Metal Exchange, recovering from losses seen earlier after mixed economic data from China. Copper surged last […]

BHP Group Ltd., the world’s largest miner, has stood down around a quarter of the workers constructing its West Musgrave nickel and copper project in Western Australia, according to a report from the Australian Financial Review. The workforce at the A$1.7 billion project has been cut from about 400 to 300 people, the AFR reported, […]

Chile is betting that components made with its lithium will qualify for subsidies under the US Inflation Reduction Act, potentially attracting a wave of fresh investment from companies seeking to tap into the country’s vast reserves of the battery metal. Economy Minister Nicolas Grau, who expects talks with the Biden administration to conclude this year, […]

Battery storage is crucial for the future of renewable energy production. Unfortunately, solar and wind power generation depend on certain weather types — and the time of day, in the case of solar — to produce energy at efficient rates. When the conditions aren’t favorable, stored energy in batteries can make up for the shortfall. […]

Traders bought into bullish copper options Wednesday, betting the industrial metal’s rally will extend on possible supply tightness and monetary easing. Total options volume spiked to more than 52,000 contracts, according to exchange data. Implied volatility and the call skew jumped, signaling additional bets on higher prices. Copper jumped the most in more than 16 […]

Copper prices soared on Wednesday to their highest in seven months after Chinese smelters, which process half of the world’s mined copper, agreed on a joint production cut. Benchmark three-month copper on the London Metal Exchange (LME) touched $8,799 a metric ton, the highest since Aug. 1, 2023. It last traded 1.6% up at $8,790 […]

Aluminum prices surged on Tuesday, reaching nearly six-week highs due to signs of seasonally robust demand. On the London Metal Exchange (LME), three-month aluminum touched $2,270 per metric ton, marking its highest level since February 1st. According to Tom Price, head of commodities strategy at Liberum, there are concerns about demand stemming from increasing inventory […]

Gold wavered after eight consecutive days of gains as traders eye Tuesday’s consumer price index release for hints on when the US Federal Reserve may start to cut interest rates. Bullion for immediate delivery traded in a narrow range on Monday after rallying almost 5% last week, setting a nominal high on four successive days. […]