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Gas Prices Are Surging. Is This The EV Market's Big Moment? Maybe Not

As gas prices spike, consumers are expressing greater interest in hybrid and electric vehicles (EVs). And automakers’ advertising budgets are off the charts. But economic conditions including ongoing supply chain delays, semiconductor shortages and the ‘unprecedented’ inflation of nickel costs associated with Russia’s new commodities export ban stand to hurt EV adoption rates everywhere.
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Global copper smelting surges in January, satellite data shows | Hellenic Shipping News Worldwide

Global copper smelting activity powered to a 13-month peak in January as operations in China ramped up ahead of seasonal construction demand, data from satellite surveillance of copper plants showed. The number of inactive smelters fell to the lowest level since February 2018, according to a statement on Thursday from commodities broker Marex and SAVANT, ...
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Copper heads for weekly rise as low inventories lend support | Hellenic Shipping News Worldwide

London copper was headed for its first weekly gain in four on Friday, helped by low inventories and monetary policy easing by top consumer China, while analysts expect a pick-up in demand early next year. Three-month copper on the London Metal Exchange CMCU3 held steady at $9,538 a tonne, as of 0700 GMT. The most-traded ...
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Copper ticks higher on hopes for Chinese growth | Hellenic Shipping News Worldwide

Copper prices edged higher on Friday on optimism about growth in top metals consumer China, but uncertainty over upcoming U.S. inflation data kept a lid on the upside. Three-month copper CMCU3 on the London Metal Exchange (LME) was up 0.2% to $9,550 a tonne at 1100 GMT. “Manufacturing is the stronghold, in the sense that ...
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Global copper smelting extends recovery in October | Hellenic Shipping News Worldwide

Global copper smelting activity extended its recovery in October while nickel production edged higher despite sharp falls in China due to a power crunch, data from satellite surveillance showed on Tuesday. Copper smelting in China is ramping up after seasonal maintenance in the third quarter, satellite service SAVANT and broker Marex said in a statement. ...
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Global copper smelting activity rebounds in September | Hellenic Shipping News Worldwide

Global copper smelting activity rebounded in September as higher treatment charges spurred many smelters to increase output, data from satellite surveillance showed on Monday. Copper processing rose worldwide despite declines in top producer China and in the United States, satellite service SAVANT and broker Marex said in a statement. Spot treatment and refining charges (TC/RCs) ...
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