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Iron ore: China plans a state-owned platform to buy the commodity
China's latest attempt to control soaring iron ore prices is a plan to have global suppliers negotiate sales to the world's largest market through a centralized platform. Beijing wants all steel material purchases to be conducted through a single state-backed platform...
Nickel: prices reach highest in more than a decade
Nickel prices rose Monday to their highest in more than a decade, driven by low inventories while investors were cautious about tensions in Ukraine. U.S. President Joe Biden and Russian President Vladimir Putin agreed in principle to a summit on Ukraine, offering a...
Tin: global production increases in 2021
In 2021, global tin mining production was 300,000 tonnes, up 14% from 2020 (264,000 tonnes). Supply constraints due to shipping bottlenecks, the re-imposition of the COVID-19 pandemic closure, and increased demand for consumer and electronic goods were largely...
Zinc: High energy costs are pushing smelters to the brink of collapse
European zinc producers will continue to face volatile energy costs until renewables and LNG become more affordable. Zinc smelters are really struggling because electricity is a greater proportion of the cost than copper or nickel smelters. This has led to higher zinc...