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Copper and aluminum: Indonesia’s export ban could support prices
Indonesia has already made headlines for its nickel and coal export bans, but last week President Joko Widodo reiterated plans to ban exports of copper concentrate and bauxite - the latter starting in 2022. The country hopes banning exports will encourage more...
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...