[ad_1] Exxon Mobil said Monday it is starting to drill for lithium in Arkansas and aims to become a major U.S. supplier for makers of electric-vehicle batteries by 2030. The…
Tag: Metals Markets
Copper Market Slump Threatens Shift to Wind Power, Electric Cars
[ad_1] A prolonged slide in copper prices is challenging the world’s shift to renewable energy sources. Mining firms will need to dig up gigantic amounts of new copper over the…
EVs Are on a Lithium Roller Coaster
[ad_1] Prices of the key battery metal have fallen by roughly 70% this year, easing battery-cost worries but casting doubt on longer-term supply. [ad_2] Source link
The Rare Indicator That’s Still Optimistic About China’s Property Market
[ad_1] Iron ore’s price has risen more than 20% since late May, outperforming metals such as copper and gold. [ad_2] Source link
UPDATE 1-China coke futures mark best week in nearly 2 years as supply tightens
[ad_1] * Chinese coke benchmark sees longest rally in nine months * Dalian iron ore rises, but caps gains in volatile week * China 2020 stainless steel output forecast to…
German sentiment survey boosts stocks, Europe focuses on recovery fund
[ad_1] By Yoruk Bahceli, Saikat Chatterjee LONDON (Reuters) – Stocks gained modestly on Monday with many countries on holiday as German business morale rebounded strongly in May, offering a glimpse…
Impala Platinum FY 2023 Hurt by Lower Rand PGM Pricing, Production, Sales
[ad_1] Impala Platinum reported sharply lower earnings for fiscal 2023 as production fell, and forecast a 6%-10% rise in costs this year. [ad_2] Source link
GLOBAL MARKETS-Investors shrug off U.S. government shutdown, dollar dips
[ad_1] * Investors appear unruffled by U.S. government shutdown * World shares up slightly; U.S. Senate to vote on funding * U.S. Treasury yields near 3-1/2-year high * Dollar slips…
GLOBAL MARKETS-Asian shares look for rebound following tech earnings
[ad_1] Oct 30 (Reuters) – Asian markets looked to continue an upward swing on Friday, after a rebound in U.S. equities and strong corporate earnings set the stage. Australia’s ASX…