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Aluminium: 13-year highs reached

Aluminium: 13-year highs reached

Aluminium has risen to its highest level since 2008 as a deepening energy crisis squeezes supplies of the energy-intensive metal that is used in everything from beer cans to iPhones. Each tonne of metal requires around 14 megawatt hours of energy to produce, enough to...
Batteries: US narrows gap with China

Batteries: US narrows gap with China

According to Global Lithium-Ion Battery Supply Chain Ranking, the US is closing the gap with China when it comes to the race to dominate the battery value chain. The US has the second largest EV market globally, after China. Tesla and Asian cell manufacturers continue...
Electricity: price rises by 288% from Q2 2020

Electricity: price rises by 288% from Q2 2020

In arrivo una nuova stangata sulle bollette di luce e gas. A lanciare l’allarme è stato proprio il ministro della Transizione Ecologica, Roberto Cingolani. A new sting on electricity and gas bills is coming. The Minister for Ecological Transition, Roberto...
ICMM: zero carbon emissions by 2050

ICMM: zero carbon emissions by 2050

According to the International Council on Mining and Metals (ICMM), the world’s largest mining companies pledged on Tuesday to achieve a target of zero net direct and indirect carbon emissions by 2050 or sooner. The announcement comes ahead of next month’s...
Copper: fire halts production at Salobo mine

Copper: fire halts production at Salobo mine

Vale reported that production of copper concentrate at its Salobo mine in the state of Para, Brazil, is suspended due to a fire that struck a conveyor belt, causing no injuries or fatalities but only material damage. The company expects to resume production at the...
Copper: BHP in talks for DRC project

Copper: BHP in talks for DRC project

The Melbourne-based miner is in talks with Ivanhoe Mines Ltd. to buy Western Foreland, a huge exploration territory that borders Ivanhoe’s Kamoa-Kakula mine. The foray into a nation emerging from decades of conflict would mark a shift in strategy for BHP, which...
Commodity Evolution
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