Markets in H1: The almost perfect storm
By Marc Jones
Source: gazette.com
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LME inventories and non-commercial futures positioning are the primary drivers of metals short squeezes.
The bank has identified 27 metals important for future technologies, including lithium, cobalt and copper.
Overall stocks in LME warehouses have fallen below 900,000 tonnes from levels above two million tonnes in January 2021.
As the electric vehicle industry booms, Argentina is quickly becoming a global lithium hotspot thanks to soaring battery metal prices