Lithium: Good if you can get it
Strong demand for lithium is currently resulting in shortages of spodumene, lithium hydroxide and lithium carbonate, pushing spot prices for all three commodities to record levels.
Read MoreStrong demand for lithium is currently resulting in shortages of spodumene, lithium hydroxide and lithium carbonate, pushing spot prices for all three commodities to record levels.
Read MoreJanus Henderson’s Matt Peron explains that energy aren’t the sole cause of weakness in consumer discretionary stocks and that US households, thus far, are withstanding elevated inflation.
Read MoreThe accelerating boom in demand for lithium has seen Mineral Resources agree to boost output from its joint-owned Wodgina and Mount Marion spodumene mines in WA.
Read MoreA promising update from Australian Vanadium has advanced its namesake project in WA closer to the starting line, judging by what it called a bankable feasibility study for the project.
Read MoreGlobal coal prices rose sharply on Tuesday but oil prices fell as the EU left us a little confused about its latest round of sanctions against Russia.
Read MoreExxon Mobil’s announcement of a near-record $US11 billion March-quarter result is a very good tip that the sector globally will report booming profits for the March quarter and beyond.
Read MoreCorporate Connect analyst Joh Snyman has released a new report on local Sulphate of Potash explorer Trigg Mining, in the wake of some promising updates from the company.
Read MoreWith some Federal assistance, beach sands miner and exporter Iluka is going ahead with a rare earths refinery in WA that will cost up to $1.2 billion and come onstream in 2025.
Read MoreAustralian resource and energy companies are set up for at least two more years of record revenues and earnings as the re-ignited commodity boom looks likely to continue.
Read MoreThere could be more pressure on the oil price this week as other major economies will follow the US lead and release some of their reserves following a meeting of the IEA on Friday.
Read MoreWe received confirmation on Friday that the three months to March saw Australia enjoy one of the strongest quarters on record for commodity income and our terms of trade.
Read MoreNo sign of the LME’s nickel short debacle impacting demand and deals for the metal, although pricing remains uncertain with confidence slow to return to trading in the contract.
Read MoreTomorrow’s elections will play a key role in determining if Rio Tinto’s ambitions for a $US2.4 billion lithium mine and processing operation in Serbia are confirmed or finally dashed.
Read MoreAhead of what was looking like a standard OPEC+ meeting, Thursday’s surprise announcement by the US about releasing 180 million barrels of oil drove prices down sharply.
Read MoreInfluential OPEC members Saudi Arabia and the UAE have rebuffed calls to expel Russia from the OPEC+ group, citing the group’s long history of working together through armed conflicts.
Read MoreGlobal clean energy stocks have risen sharply in the past few weeks with Russia’s war against Ukraine transforming into a global energy war. VanEck’s Alice Shen takes a closer look.
Read MoreIt should be really exciting times for Trigg Mining, which is working to bring onstream one of Australia’s largest deposits of Sulphate of Potash, a premium fertiliser product.
Read MoreGuinea’s ruling junta has reached an agreement with Rio Tinto and its Chinese-backed JV partner to resume development work at the huge Simandou iron ore deposit.
Read MoreOil is still the driver to commodity price movements because of events in Ukraine but US interest rates and the value of the greenback are also starting to have a growing impact on markets.
Read MoreSouth Korean steelmaker Posco has joined the so-called ‘brine rush’ in heading for Argentina’s lithium-rich salt deposits where it eventually plans to boost its investment to at least $US4 billion.
Read MoreNot even predictions of Brent at up to $US250 a barrel and the expected disappearance of huge amounts of Russian oil in coming months have been enough to spark a rise in production.
Read MoreShares in Carnarvon Energy surged Wednesday on news of a significant discovery at the Pavo-1 oil well off the WA coast it part owns with energy major Santos.
Read MoreCorporate Connect analyst Richard Close has released an updated research report on emerging resource company TerraCom Ltd, with a 12-month price target of $A1.20.
Read MoreLast week saw a contrast between two major fossil fuel commodities at the centre of the price surge post the Russian invasion of Ukraine, as oil bumped higher but coal continued to ease.
Read MoreCommodities came back to earth last week with widespread selling and re-alignment of portfolios, even though the news from Ukraine hadn’t changed – fairytales about a truce notwithstanding.
Read MoreNewcrest has staked much of its future success on the ability of its $A3.7b Canadian gold mine called Brucejack to live up to its potential as one of the richest known mines in the world.
Read MoreNewmont, the world’s biggest gold miner, will be hoping its two Australian mines – Boddington and Tanami – will do their part in the company’s goal of expanding global production this year.
Read MoreMore confusion at the end of the first session of the London Metal Exchange nickel contract, with a data glitch, low interest, intense caution and fears of sudden price movements.
Read MoreAs Russia’s war in Ukraine continues, ETF Securities looks as what might happen in commodities markets such as palladium and platinum, where Russia is a crucial player.
Read MorePlenty of news from around the gold space today, as Westgold Resources and Pantoro both raise some funds for work at their WA projects and De Grey Mining gets some positive results.
Read MoreEnormous pressure on global commodity markets with traders big and small watching what will be a huge test of faith as the LME restarts trading in the nickel contract tomorrow, London time.
Read MoreIGO says the surge in nickel prices and subsequent confusion after trading was stopped a week ago will not force his company to lift its offer price of $3.36 for rival miner Western Areas.
Read MoreNo trading in nickel on the LME for at least part of this week should be good news for Nickel Mines after its shares lost 25% last week in the wake of the problems involving Tsingshan.
Read MoreRio Tinto’s West African iron ore ambitions have come to a shuddering halt in Guinea, with a halt ordered to the work being done at the Simandou project in the country’s southeast.
Read MoreVolatility remains high across commodity markets with oil and metals leading the way, thanks to the continuing situation in Ukraine and growing sanctions against Russia and its key business figures.
Read MoreAfter years in the doldrums, exploration activity has stepped up in the most famous of all Australian mining areas, with some interesting discoveries revealed or hinted at. Broken Hill is back!
Read MoreA weather-related shortfall of Brazilian high-grade exports meant that global iron ore prices were rising well before the Russian invasion of Ukraine cut off supplies to the world late last month.
Read MoreIn his Insights Column this week, AMP’s Dr Shane Oliver looks at what the 30%+ surge in global oil prices following the start of the war in Ukraine might mean for local and global markets.
Read MoreAustralian investors remain unconvinced that reports of the bailing out of Tsingshan takes pressure off Nickel Mines, with its shares plummeting again in Thursday’s trading session.
Read MoreCoal miner Peabody Energy has been forced to raise $US150 million after soaring coal prices forced it to find an additional $US534 million to satisfy a margin call on its derivative contracts.
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