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Lithium: Soaring prices become a problem for EV manufacturers
Electric vehicle (EV) manufacturers and suppliers could be facing a major cost problem starting this year, as lithium prices for batteries are set to skyrocket. Prices for the metal are already trading at a record high of $35 per kilogram in Asia, and will likely...
Tasmania’s metal exports continue
Tasmania recorded its fourth consecutive month with annual export figures exceeding $4 billion, while 64.1 percent of the state's exports came from non-ferrous metals, metal ores and scrap metal. The state's international merchandise exports of $4.25 billion in the 12...
Nickel: price hits 10-year high on supply concerns
The price of nickel rose to a decade high as investors bet automakers will struggle to secure supplies for their electric vehicle batteries as inventories decline. Nickel has been the best-performing of the industrial metals, which are also up as concerns about...
Iron ore: price rises on hopes of steel production recovery in China
The price of iron ore rose on Tuesday on growing hopes of a recovery in steel demand in China. The benchmark imported price in northern China rose to $129.17 a tonne during trading on Tuesday, up 3.2% from Monday's close. Domestic stainless steel enterprises are...