Russia’s Ukraine invasion to fuel reorientation of commodity markets
Mining News Pro - Russia’s invasion of Ukraine, already pushing up prices for an array of commodities rapidly higher since it began on Feb. 24 – including adding a record 250% to the price of nickel over the past two days – will have longer-lasting structural effects on metals and mining markets and supply, said BMO Metals and Mining in a report released on Monday.
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Ukraine invasion sets back Musk’s dream for cheaper EVs, for now
Mining News Pro - Surging raw materials costs, made worse by Russia’s invasion of Ukraine, could set back the dream of Tesla Chief Executive Elon Musk and other auto executives to roll out more affordable electric vehicles.
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Nutrien sees long-lasting disruption to fertilizer market from Russian invasion
Mining News Pro - Canada’s Nutrien, the world’s largest potash miner, sees supply shortages of fertilizer getting worse due to the ongoing and escalating Russian invasion of Ukraine, two of the world’s top fertilizer producers.
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Russia-focused miners collapse on Ukraine invasion
Mining News Pro - Shares in mining companies with operations in Russia were among the first to feel the impact of Moscow’s wide-ranging attack on Ukraine on Thursday, while oil topped $105 a barrel and investors rushed to buy gold and other safe haven assets.
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Nickel price highest in 3 weeks as US talks of Russian invasion of Ukraine
Mining News Pro - Nickel rose to the highest in more than three weeks after a senior U.S. diplomat said that Russia appeared to be moving toward an invasion of Ukraine, raising concerns about disruption to exports.
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The electric vehicle invasion is already here
Mining News Pro - Until recently, car companies not named Tesla had a general stance on electric vehicles: We’ll start making them en masse, when people start buying them en masse.
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