Rare earth prices spike as US firm halts China trade
Prices of rare earth elements have surged to their highest level in more than two years after MP Materials stopped shipments to China, Reuters first reported. For the past three…
Commodities Markets
Vietnam lifts state monopoly on gold
Vietnam, the third-largest importer of gold in Asia, issued a decree on Tuesday abolishing its 13-year-old state monopoly on gold trading, causing a spike in local prices even as the…
Iron ore prices gain after death halts Rio’s Simandou
Iron ore prices climbed to a one-week high on Monday after Rio Tinto (NYSE, LSE, ASX: RIO) suspended operations at its Simandou project in Guinea when an incident killed a…
China extends rare earth controls to imports
China has rolled out tighter controls on the mining and processing of rare earths by expanding its quota system to include imported materials and requiring enterprises to report on the…
Lithium price surge forecast to be short
Lithium prices surged this week on concerns about supply disruptions in China, but analysts are warning the rally will be short-lived. A halt in production at Chinese lepidolite mines, which…
UBS lifts 2026 gold price outlook on US risks
Analysts at UBS have lifted their gold price targets for next year in anticipation of higher safe-haven demand from persistent U.S. macroeconomic risks and de-dollarization. During the March quarter, the…
Sigma Lithium surges as output climbs, costs fall
Sigma Lithium (TSXV, NASDAQ: SGML) surged to a one-month high on Friday as investors welcomed the company’s second-quarter production increase and cost cuts despite weaker-than-expected earnings. Lithium oxide concentrate output…
HSBC sees silver rise from gold strength, lifts forecast
Silver is set to benefit from the strength in the gold market in the coming years as it lifts its price outlook for the white-coloured metal from 2025 to 2027,…
AI data centers to worsen copper shortage, BNEF says
The rapid buildout of artificial intelligence (AI) data centers risks tightening the global copper market further, potentially pushing the supply shortfall to 6 million tonnes by 2035, according to a…
Lithium Argentina soars on Q2 results, sector rally
Lithium Argentina AG (TSX, NYSE: LAR) soared 31% on Monday afternoon as investors reacted positively to the company’s latest quarterly results and growth outlook. During the three months ended June…
US gold tariffs jolt COMEX, shift global trade flows
The Trump administration’s move to apply import duties on the most common forms of bullion delivered into the United States is shaking the gold market and widening the price gap…
Glencore says DRC cobalt stockpile has ‘no impact’
Glencore (LSE: GLEN), the world’s second-largest cobalt producer, says its growing stockpile of unsold cobalt won’t materially affect the company as it contends with export restrictions in the Democratic Republic…