Category: Commodities

Car producers sticking their fingers into mining projects to secure supply is becoming increasingly common and Mercedes Benz is the latest major manufacturer to join this club. At the carmaker’s annual environmental, social, and governance virtual conference in Germany last week, Mercedes Benz CEO Ola...

Volkswagen plans to invest in mines to bring down the cost of battery cells, meet half of its own demand and sell to third-party customers, the carmaker’s board member in charge of technology said. CLICK HERE to read the article.

LONDON, Feb 21 (Reuters) – BHP Group (BHP.AX), the world’s largest-listed miner, said that the London Metal Exchange’s nickel contract does not represent the physical market and reform is “long overdue”. CLICK HERE to access the article.

Highly recommended watch! Energy expert Mark Mills speaks at SKAGEN Funds New Years Conference 2023

Snippets: Korea Zinc plans to spend around $6.6 billion by 2030 on green energy solutions. In the months since, Biden’s controversial Inflation Reduction Act has come into law. It seeks to encourage automakers around the world to manufacture electric cars in the US and reduce...

“Since late December 2022, a small proportion of the containers purchased from these companies have been inspected as they reached their destination, and were found not to contain #nickel,” Trafigura said in the statement… CLICK HERE to read the article.  

Robert Friedland, chairman of Vancouver-based Ivanhoe Mines Ltd., says the world has had decades of underinvestment in mining and faces a sustained shortage of materials after the global economy recovers. He speaks on the sidelines of Bloomberg’s New Economy Forum in Singapore with Shery Ahn and...

Goldman Sachs says commodities will be the best-performing asset class once again in 2023, handing investors returns of more than 40%. Jeff Currie, Goldman Sachs global head of commodities research, talks about the call on “Bloomberg Markets: European Close.”

In order to get a truckload of copper out of Africa and into the hands of tech-hungry buyers, Chanda Kulungika must spend a week sitting in one of the world’s longest traffic jams… CLICK HERE to read the article.