Metals traders are bracing for the next big supply squeeze

Mining News Pro - Industrial metal markets are marching higher again, as production outages and shrinking inventories revive worries about global supplies of some of the key building blocks of the economy and the green-energy transition.

Iron ore price jumps on hopes of recovering steel production in China

Mining News Pro - The iron ore price rose on Tuesday on growing hopes of a recovery for steel demand in China.

Nickel price hits highest in a month with inventories close to record lows

Mining News Pro - The nickel price rose on Monday to their highest level in more than one month, with inventories hovering close to record lows.

Top iron ore stories of 2021 and what to expect in 2022

Mining News Pro - The iron ore price went on a white knuckle ride in 2021.

Iron ore price highest in two months on China demand hopes

Mining News Pro - Iron ore prices surged on Monday, buoyed by renewed optimism over demand for the steel-making ingredient in China.

Commodities to veer between China hopes, pandemic fears

Mining News Pro - If 2021 was a year of volatility and uneven performances for commodities, then 2022 is shaping up as a rinse and repeat as uncertainty over the recovery from the coronavirus pandemic remains the dominant theme.

Commodity prices boost Queensland economic outlook

Mining News Pro - Queensland’s coal exports have delivered an extra $2.9 billion in royalties to the state’s budget, according to its mid-financial year update.

Copper price down on cooling China growth

Mining News Pro - The copper price retreated on Thursday after a three-day advance as the dollar firmed, omicron fears subsided and attention turned to the unwinding of US monetary stimulus.

Gold demand in India seen best in a decade in festival quarter

Mining News Pro - Gold consumption in India will probably be the best in at least a decade in the current quarter as buyers stocked up for festivals in November and the peak wedding period that followed, according to the World Gold Council.

Palladium ETF tops $100m in AUM for the first time

Mining News Pro - A substantial influx of interest from institutional investors and wealth management allocations has pushed the Global Palladium fund (GPF), an exchange-traded fund created by Russia’s Norilsk Nickel, above $100 million in assets under management (AUM) for the first time.

Palladium ETF tops $100m in AUM for the first time

Mining News Pro - A substantial influx of interest from institutional investors and wealth management allocations has pushed the Global Palladium fund (GPF), an exchange-traded fund created by Russia’s Norilsk Nickel, above $100 million in assets under management (AUM) for the first time.

China’s coal prices plunge after govt signals more price regulation

Mining News Pro - China’s thermal coal futures dropped 5.6% on Monday after the state economic planner signalled further regulations for prices of the dirty power-generation fuel.

Glencore to close Italian zinc operation on power costs

Mining News Pro - Glencore (LON: GLEN) is placing its zinc sulphide operation in Portovesme, Italy, on care and maintenance by the end of December at the latest and it will remain closed until there is “a meaningful change in power market prices”, the miner and commodity trader said on Monday.

Iron ore price falls to lowest in 18 months on dismal demand outlook

Mining News Pro - Iron ore prices sank on Thursday, dragged down by a dismal demand outlook for steel products and raw materials in China.

Falling stocks pose problems for London Metal Exchange

Mining News Pro - What happens when the market of last resort, the London Metal Exchange (LME), runs out of metal? And should it then restrict the right to take metal out of its warehouses if the result is price distortion?

Rise in battery costs to keep lithium price rallying

Mining News Pro - Lithium prices have rallied in 2021 and are now at record-high levels, amidst the sharp acceleration in demand during a global supply struggle.

Gold price spike brings value for smart business

Mining News Pro - Spot gold prices have hit another five-month high – the second time in 2021 they’ve peaked at such an interval – reaching $US1866 ($2544) per ounce to end Friday, November 12.

Nickel prices seen falling in 2022 due to surplus

Mining News Pro - Nickel prices in 2022 are seen falling from this year’s multi-year highs, Chinese research house Antaike said on Tuesday, with the global market expected to swing into a surplus as production recovers from pandemic disruptions.

Premium iron ore’s outperformance is a bearish signal

Mining News Pro - Spot iron ore prices are now lower than the depths plumbed during the early part of the global coronavirus pandemic last year, and market dynamics are yet to signal any recovery in top importer China.

Asia’s near-term climate goals outweigh long-term pledges

Mining News Pro - There is a tendency in the climate change debate to focus on the big picture pledges, such as India’s commitment to net-zero emissions by 2070, but the attention should be on the actions that will actually happen by 2030.

Copper price down despite tight supply

Mining News Pro - Global exchange stocks, comprising those in LME, CME and Shanghai Futures Exchange warehouses, have fallen for the last two months.

Funds still wary of shorting super tight copper market

Mining News Pro - A slowdown in China’s manufacturing sector is casting an ever larger shadow over the copper market.

The great copper squeeze isn’t over yet

Mining News Pro - Short-term copper contracts are once again trading at a huge premium to futures in London, in a sign that last month’s unprecedented tightness in spot supplies is far from over.

China coal futures plunge again as government plans price curbs

Mining News Pro - Coal futures in China extended a plunge as the nation’s government considers new limits on prices to help ease an energy crisis, along with a call on miners to lift output.

Nickel price surges to highest in seven years as supply dwindles

Mining News Pro - Nickel surged to a seven-year high in London amid concerns that there’ll be less supply of the key industrial metal to meet resilient demand from economies reopening as the pandemic retreats.

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