Page 5 - Polina Devitt News Today

Copper prices rose in London on Friday as technical factors and lower available stocks supported recovery from the previous sessions six-week low, though gains are likely to be kept in check by...

Most cobalt producers are likely to be losing money on every ton of cobalt they produce after a price slump last year, Benedikt Sobotka, chief executive at metals miner Eurasian Resources Group (ERG), said on Tuesday. Chinese-owned companies are aggressively expanding cobalt mining in Congo and Indonesia despite the price drop, as they strive to gain market share in the metal used in electric vehicle (EV) batteries. ERG, 40% owned by the Kazakh government, has assets in Kazakhstan, the Democra...

The rate at which platinum is displacing palladium in the manufacture of autocatalysts is slowing due to the sister metals approaching price parity, a trend which is likely to persist through this year, analysts said. Growing use of platinum in autocatalysts that reduce harmful emissions from internal combustion engines and rising sales of battery-powered electric vehicles was behind the 39% slump in palladium prices last year. Around 620,000 ounces of palladium were replaced by platinum in 20...

Mining Engineering Online

Mining Engineering Online

Average daily volumes at the London Metal Exchange , the worlds largest and oldest metals forum, gained 11% to 593,537 lots in 2023 with lead volumes surging by 46%, the exchange said on... -January 11, 2024 at 01:01 pm EST - MarketScreener

LONDON -The share of available aluminium stocks of Russian origin in London Metal Exchange-approved warehouses rose to 90.4% in December from 78.8% in November, data on the exchanges website showed... -January 10, 2024 at 07:34 am EST - MarketScreener

LONDON -The share of available aluminium stocks of Russian origin in London Metal Exchange-approved warehouses rose to 90.4% in December from 78.8% in November, data on the exchanges website showed... -January 10, 2024 at 07:34 am EST - MarketScreener

A surge in hedging activity by the lithium industry and traders after the recent price slump has benefited CME Group which saw volumes on its lithium contract soar last year....

Copper prices fell in London on Monday as the dollar held on to last weeks gains and the market awaited Chinese data expected to shine a light on demand prospects in the worlds biggest metals...