Critical minerals: Australia considers setting up a task force with US authorities
Australia is discussing the creation of a critical minerals task force with US authorities. This task force would focus on increasing private investment in Australia's rare earths industry while reducing the world's dependence on China for these important materials....
Nickel: surplus situation pushes weekly prices to worst level in a month
LME nickel prices reversed course to recover early losses on Friday, but headed for the biggest weekly decline in a month, pressured by a surplus in the global market. Three-month nickel on the London Metal Exchange was up 1.47 per cent at $18,270/mt (11:13 a.m....
Cobalt: global oversupply has the potential to extend until 2024
Global battery metals markets are expected to experience an oversupply of cobalt raw materials in 2024, with China remaining the largest player in cobalt refining. Global cobalt raw material production is expected to reach 238,000 tonnes in 2024, up 7%-8% from...
Stainless steel: global production down 1.7% in the first half of this year
According to preliminary data released by the International Stainless Steel Forum (ISSF), global crude stainless steel production rose 7.8% quarter-on-quarter to 14.76 million tonnes in the second quarter of this year, while it fell 1.7% year-on-year to 28.4 million...
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