While it is a known fact that electric vehicles (EVs) use about four times more copper than gasoline-powered vehicles, short-term demand for the metal won’t come from the car industry, but from the charging stations and related infrastructure needed to support EV growth, a new study shows. According to Scottish consultancy Wood Mackenzie, there will ... EV sector will need 250% more copper by 2030 just for charging stations
MINEX Forum | August 14, 2019 While it is a known fact that electric vehicles (EVs) use about four times more copper than gasoline-powered vehicles, short-term demand for the metal won’t come from the car industry, but from the charging stations and related infrastructure needed to support EV growth, a new study shows. According to Scottish consultancy Wood Mackenzie, there will ... 
A report by Fitch Solutions states that the period 2018-2022 is seeing a growth in gold production because slightly higher prices and stronger company financials are encouraging greater mine investment. “We forecast global gold production to increase from 104moz in 2018 to 115moz by 2022, averaging 2.6% annual growth,” the document reads.”We expect gold prices ... 
The use of lithium-ion batteries by automakers is expected grow seven-fold by 2025, helped mainly by their dropping costs as well as by subsidies and incentives in many countries, particularly in China, to encourage sales of electric vehicles (EVs) According to Will Adams, Metal Bulletin’s Head of Research for the battery materials, base metals and ... 
China’s ‘One Belt One Road’ initiative, aiming at expanding its economic and geopolitical influence in Eurasia, will lead to the acceleration of Chinese mining investment in Central Asia. Kazakhstan, with its rich deposits of copper, gold and uranium will remain a priority in terms of investment. The One Belt (also known as the New Silk ... 
Platinum’s near the lowest in a decade and hedge funds have never been so bearish and that could be good news for prices. The commodity has had a torrid year so far amid ample supplies and as investors lost faith in precious metals. While speculators are betting on more declines, the large bearish wagers mean ... 
CHART: Copper, nickel, zinc prices – plenty upside just to revert to mean Metals and minerals prices have come a long way since hitting multi-year lows late-2015, early 2016. Copper is up by nearly half, recent weakness notwithstanding. Zinc’s nearly doubled since then and nickel bulls (suddenly aplenty) have achieved the same for devil’s copper, ... 
Copper jumped 3.7% in New York on Tuesday to trade at $3.25 a pound ($7,165 a tonne), the highest since end-February, as worries about supply disruptions in key producing region resurface. Workers at the Escondida copper mine in Chile put down quite a marker in the third round of contract negotiations with part-owner and operator ... 
The spotlight in the cobalt market has been fixed on electric vehicles but shrinking supply and robust demand from traditional sectors such as jet engine makers are helping fuel a price rally that shows no signs of fading. Cobalt in recent years has become synonymous with electric vehicles as it is used in rechargeable lithium-ion ... 
Analysts at Citi Research are optimistic on the outlook for cobalt. In a commodities outlook report dated May 14, 2018, Citi Research said Cobalt prices are set to rise by a further 20% over the next two years on the back of a sustained deficit market and anticipated stock building on the back of high ... 
Gold demand had a soft start to 2018, reaching 973 tonnes (t), the lowest first quarter since 2008. This was largely caused by a fall in investment demand for gold bars and gold-backed exchange-traded funds (ETFs), as a subdued gold price environment hampered demand. Global jewellery demand was roughly flat at 488t, down 1% on ... 
BMI Research considers mega-trends that will shape the mining industry over the next thirty years from a supply side and demand side perspective. On the supply side, technological innovation and tightening environmental standards will modernise operations and push exploration to increasingly far-flung locales, while consumption growth patterns will reflect the shift to a low-carbon economy. ... 
Despite the threat of new western sanctions against the country and US tariffs on aluminium and steel, Russian metal executives have a spring in their step, as commodity prices continue to rise, borrowing costs come down and painful debt restructurings and strategy shifts over the past five years begin to bear fruit. “Higher profits and, ...