Page 32 - Metl News Today

Lithium developer Vulcan Energy Resources has secured Volkswagen as an additional car industry customer for its environmental-friendly lithium hydroxide for automotive batteries.

Gold prices rose on Wednesday as the dollar and U.S. Treasury yields eased, with investor focus shifting to key inflation data due this week that could influence the Federal Reserve's decision to taper its stimulus at a faster pace.

Gold prices rose on Wednesday as the U.S. Treasury yields and the dollar eased, with investor focus shifting to key inflation data due this week that could influence the Federal Reserve's decision to taper its stimulus at a faster pace.

Miner Centamin Plc said on Wednesday a review into the Sukari mine, its single commercially producing gold mine in Egypt, showed its largest reserve growth in a decade.

Australian shares rose on Wednesday, led by mining and energy stocks on sharp rises in iron ore and oil prices, buoyed by hopes of limited disruption from the Omicron coronavirus variant.

China's Shandong province, the country's main independent oil refining hub, has turned to a deep-pocketed state-run coal miner to help fund a petrochemical complex it sees as key to the region's industrial future, sources and local state media said.

Indian shares extended gains on Wednesday as the central bank left its key interest rates unchanged as expected, and promised adequate policy support to help sustain a durable economic recovery amid worries around the Omicron coronavirus variant.

Global commodity trader Trafigura Group hit a record net profit for a second year running in its 2021 financial year after a strong performance across divisions and significant energy market dislocations.

Gold prices were little changed on Wednesday, with a subdued dollar offsetting firmer U.S. Treasury yields, as investors squared positions in the run-up to U.S. consumer prices data this week.

Gold prices moved in a narrow range on Wednesday, anchored by a retreat in the dollar as investors squared positions in the run-up to U.S. consumer prices data later in the week.