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Graphite: Tirupati aims for 8% of the global market
Tirupati Graphite plans to start producing 50,000 tonnes of graphite next year in Mozambique, aiming for 8% of global production by 2030. A key material in the production of batteries used to store energy and power electric vehicles, graphite is mainly mined in China,...
Steel: EU exports fell by 8% in January-April
According to the third quarterly report Economy and Steel Markets Outlook 2023-2024/2023 published by the European Steel Producers Association (EUROFER), total EU steel exports fell by 8% in the first quarter of this year compared to the previous year. In the same...
Lithium: Zimbabwe targets No. 5 position due to increased capacity from Chinese investors
Chinese investors vying to secure lithium supplies could help Zimbabwe become the world's fifth largest producer of the key material for battery electric vehicles and the green revolution. The lithium industry in Africa's top producer has expanded rapidly, buoyed by...
Copper: Chilean Cochilco cuts its price forecasts for 2023
The Chilean Copper Commission (Cochilco) lowered its forecast for the average copper price in 2023 to $3.85 per pound ($8,500/mt) on Wednesday amid concerns over international economic performance. "The adjustment in copper price forecasts for this year is due to...