Battery Metals

Last year, electric car registrations in the UK topped those of Germany. The number of UK sales (382,000 vehicles) came from growth of 21.4% on 2023, making the UK the largest market for electric vehicles (EVs) in Europe for the first time. In Germany, meanwhile, registrations fell by more than 25% to 380,000 vehicles in 2024 as consumer subsidies of […]

The US Department of Energy has finalized a $996 million loan for ioneer’s Rhyolite Ridge lithium project, according to documents reviewed by Reuters, an increase of $296 million from a preliminary funding offer and a move aimed at boosting President Joe Biden’s green energy legacy. Scant US production of lithium, an ultralight metal used to […]

Copper headed for an eighth day of gains, its longest winning streak since 2017, as fresh economic data from China brightened the demand outlook in the top metals-consuming nation. The industrial metal was poised for a second weekly advance after data released Friday showed China’s gross domestic product in 2024 expanded 5%, meeting the government’s […]

LONDON, Jan 15 (Reuters) – General Motors (GM.N), opens new tab has signed a multi-year, multi-billion dollar agreement for Norway’s Vianode to provide the U.S. automaker with synthetic graphite anode materials for its electric vehicle batteries, the companies said on Wednesday. The synthetic graphite will be used for EV batteries made by the Ultium Cells […]

Shares of The Metals Company (Nasdaq: TMC) surged 22% on Wednesday amid growing anticipation of support for deep sea mining under the incoming Trump administration. Last month, the House of Representatives passed its annual defense funding bill, which included a provision instructing the Secretary of Defense to conduct a feasibility study on processing minerals from […]

Gold climbed after notching its biggest annual gain since 2010, with the metal viewed as a haven asset benefiting as a risk-off mood swept through broader markets. Bullion rose as much as 1.3%, advancing alongside other precious metals. Last year’s 27% rally was driven by the Federal Reserve’s rate-cutting cycle, sustained haven demand and a […]

Iron ore futures ended 2024 with a drastic decline of more than 15% as faltering demand, thin steel margins and high portside stocks in top consumer China dragged prices of the key steelmaking ingredient lower. Prices rose on the day as sentiment was boosted by Chinese President Xi Jinping’s remark that this year’s gross domestic […]

Iron ore futures ended 2024 with a drastic decline of more than 15% as faltering demand, thin steel margins and high portside stocks in top consumer China dragged prices of the key steelmaking ingredient lower. Prices rose on the day as sentiment was boosted by Chinese President Xi Jinping’s remark that this year’s gross domestic […]

Gold is heading for one of its biggest annual gains this century, with a 27% advance that’s been fueled by US monetary easing, sustained geopolitical risks, and a wave of purchases by central banks. While bullion has ticked lower since Donald Trump’s sweeping victory in November’s US presidential election, its gains over 2024 still outstrip […]

Hyundai is about to take the next steps as it preps to launch production of its “game-changing” all-solid-state batteries. The new EV battery tech promises a longer driving range, faster charging, and significantly higher energy density. Here’s what to expect. When are Hyundai’s all-solid-state EV batteries coming? Last June, Hyundai Motor CEO Chang Jae-hoon revealed […]