Chinese Steel Production at 3-Month Low Despite Ore Lift
Chinese crude steel production dipped again in May to a three month low, defying optimism from a solid rise in iron ore imports in the month.
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Grain Giants Merger in the Hands of the Regulators
The ACCC will play a powerful role in determining the final shape of the proposed merger of global grain giants Bunge and Viterra.
Read MoreCommodities Corner: Reactionary Tactics
Iron ore keeps rising, LNG continues to wallow, oil is going nowhere after the Saudi cut decision and gold is looking at a big week ahead.
Read MoreBenchmark Bullish on Oz Lithium and Rare Earth Space
For those who missed the recent keynote presentation by Benchmark Mineral Intelligence at our Hidden Gems webinar, here are the salient points from it.
Read MoreBig Long Dry Spell on the Cards for Local Farmers
El Nino’s imminent arrival has seen the federal government’s chief rural analysis and forecasting group cut Australia’s winter crop production and exports forecasts.
Read MoreSaudis Keep Using OPEC+ to Do their Bidding
Oil prices rose almost 2% on Monday after the OPEC+ group extended its production cuts to the end of next year with the Saudis exerting their control.
Read MoreOPEC+ Extends Production Cuts thru 2024
OPEC+ extended its latest production cuts of 1.16 million barrels a day to the end of next year and the Saudis have also added an extra cut of half a million barrels a day.
Read MoreCommodities Corner: Rigor Mortis
The OPEC+ group is considering new cuts to its production cap but the real story for the oil market this week was yet another fall in the number of US oil and gas rigs in use.
Read MoreUS DOE Critical Materials Assessment 2023
The U.S. Department of Energy has issued a Request for Information in order to gather public input on the draft Critical Materials Assessment – Peter Milios looks at it in more depth.
Read MoreOil Continues its March to the Back Burner
As Americans prepare for the upcoming Memorial Day long weekend, there are more signs of a looming slowdown in US oil and gas production later in the year.
Read MoreCommodities Corner: No Counting Chickens
Despite the tentative debt ceiling deal, there is a lot of argy bargy to come in the US House of Representatives that could prove especially fertile ground for gold bulls this week.
Read MoreCommodities: A structural allocation for the next decade?
Schroders believe commodities are a better hedge than bonds in inflationary environments, and multi-asset investors should re-consider commodities as a strategic holding in portfolios.
Read MoreThere’s Nothing Mickey Mouse about Helium these Days
Peter Milios looks at how helium has come a long, long way from the days of party balloons and individuals using it to alter their voices for amusement.
Read MoreFord-Tesla Agreement Puts a Charge into US EV Space
Ford and Tesla have struck a technology deal that could trigger a major change for US EVs and confer market leader status back to Tesla for a while to come.
Read MoreDetails Imminent Regarding Vale Metals Sale
Global investors may find out as soon as this week how Brazilian miner Vale will handle the much-awaited sale of 10% of its base metals business.
Read MoreCommodities Corner: A Massive Turn-Off
US oil and gas production will soon start sliding after drillers shut down a surprisingly large number of rigs for the second week in a row.
Read MoreWho among the Oz Goldies Might be the Next Pumpkin?
Newcrest is gone now, while Genesis looks to have saved its Leonora marriage with struggling bride St Barbara – so what’s the M&A outlook from here for the Aussie gold sector?
Read MoreGold Payday on Fed’s Gamble
Consistently meeting expectations is an important driver of what VanEck’s Joe Foster expects will eventually be a rerating of gold equities.
Read MoreCommodities Corner: Walk and Talk
Commodities traders did most of the walking last week, while for lithium stocks and Newcrest shareholders the talk never seems to end.
Read MoreA Guide to the Rare Earths Market
While Rare Earth Elements find application in various fields ranging from glass additives to lasers, their geopolitical significance primarily lies in their use for permanent magnets.
Read MoreCentral Bank Buying Keeps Gold Glittering On
Gold continues to hang in thanks to stronger prices driven by those fears about US regional banks, higher interest rates hitting consumer spending and confidence.
Read MoreAmbitious Allkem Ready to Livent the Lithium Dream
Most talk in the wake of the Allkem-Livent merger missed the main point: that it is above all a sign of the maturity of the Australian lithium industry.
Read MoreBig Lithium Deal Sparks Frantic Search for the Next Perfect Match
ASX investors are on the hunt for more candidates for mergers and acquisitions action after more than $21 billion in bids and deals since March.
Read MoreAllkem, Livent to Merge into Lithium Supergroup
Allkem and Livent have agreed to an all-share merger worth $US10.6 billion that will see the Western world’s third-largest producer of Lithium
Read MoreLynas Jumps Double Digits on Small Malaysian Win
Lynas shares surged 12% yesterday after Malaysian authorities gave a six-month extension to allow it to continue operating its rare earths separation plant.
Read MoreChina NEV Weakness a Threat to Lithium Bounce
Just as a couple of leading banks turn positive about lithium, monthly Chinese sales of New Energy Vehicles were a touch weak for no apparent reason.
Read MoreCommodities Corner: Perception vs Reality
Commodities, led by oil and iron ore, took another whacking last week – but gold perked up and silver also bucked the downward trend.
Read MoreLithium Metrics Finally Grab Hold of Albemarle
The long slide in lithium prices since last November has finally caught up with global giant Albemarle, which has cut its annual profit forecast.
Read MoreUranium and Nuclear Energy: Friend or Foe?
Nuclear energy can be a tricky topic to navigate from an environmental and social impact perspective, so it pays to know the answer to a few key questions before you start investing.
Read MoreSA Mining Majors Hit the Wall
South America’s two big miners – Vale of Brazil and Codelco, Chile’s copper major – have turned in very weak March quarter updates.
Read MoreRio Tinto Sizes Up its Lithium Play Options
CEO Jakob Stausholm told Rio’s Australian AGM on Thursday that, while his company remains very interested in lithium, it doesn’t want to pay too much to play.
Read MoreWA Lithium Commitment Remains Unwavering
There’s significant expansion afoot in WA’s lithium industry as companies ignore the nervous nellies and plough on with exploration and processing plans.
Read MoreCommodities Corner: Much Ado about Nothing
Commodity prices went nowhere for most of April as China’s re-opening has gone flat, with the health of the US economy the underlying fear for many investors.
Read MoreIs the Bloom Finally Coming off the Local Lithium Boom?
Judging by the tone from two of the country’s major producers Pilbara Minerals and IGO, they aren’t quite ready to accept that the lithium boom is fading just yet.
Read MoreShake-Ups and Shakedowns in Lithium Land
Today through Friday is report card time for some of Australia’s lithium majors with attention returning to the sector after Chile’s shock news late last week.
Read MoreCommodities Corner: Maybe a Frown with Gold and Brown
Oil lost heavily for the week while gold tumbled $US30 on Friday and settled below the critical $US2,000 an ounce level for the first time in April.
Read MoreAlbemarle, SQM Belted on Chile Lithium Move
Shares in the world’s top two lithium producers – Albemarle and SQM – tanked on Friday after Chile moved to take control of the country’s lithium industry.
Read MoreSodium Set to Make Assault on Lithium’s Battery Stronghold
The renewables sector both locally and globally is watching moves by BYD and its bigger Chinese rival CATL to start mass production of sodium-ion batteries.
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