Zinc: Fitch forecasts a price retracement
Prices averaged $2995/ton in 2021 and closed the year around $3428/ton, a slight retracement from the high of $3944/ton reached in October 2021. Fitch’s price forecast for 2022 implies that the company expects prices to stabilize and weaken from here on in the...
Lithium: risks of supply compression are pushing the price higher and higher
Lithium exploded in 2022 with a new price spike that warns electric vehicle manufacturers of even more acute cost pressures. Supplies of the core battery material face a number of near-term risks that threaten deeper shortages just as demand accelerates as global EV...
Aluminum: energy fuels price spike to record levels in Europe
Aluminum costs for European consumers are reaching record levels as soaring energy costs and production cuts have exacerbated deficits in the metal used in the energy, construction and packaging industries (as described in this article on January 4, 2022. Consumers...
Nickel: Tesla signs $1.5 billion deal for Talon Metals’ Minnesota project
Tesla reported that it has signed its first nickel supply agreement in the U.S., Talon Metals Corp’s Tamarack mining project in Minnesota. Under the terms of the agreement, which Talon reported came after “extensive and detailed” due diligence and...
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