When headline crude futures topped $70 a barrel on Tuesday, it was just the latest landmark in a banner year for raw materials. From copper to iron ore and oil, prices have rallied broadly in […]
Atop a long-dormant volcano in northern Nevada, workers are preparing to start blasting and digging out a giant pit that will serve as the first new large-scale lithium mine in the United States in more […]
Major oil producers, for decades the natural resource industry’s top earners, are being eclipsed by once-smaller mining peers who are churning out record profits thanks to red-hot metals markets. The mining windfall is the latest […]
A deep-sea mining robot on test mission to bring up rocks rich in cobalt and nickel from the floor of the Pacific Ocean has malfunctioned. Controversial plans to mine the ocean floor face a key […]
Energy News Beat Publishers Note (ENB): With the migration to green energy and the polarization of rare earth minerals, the sea may be the only source for some of the 4 key minerals. It will […]
A world commodities rebalancing is underway, and China is in a position of dominance. Take lithium, where China is a major processor and battery manufacturer, cobalt, where China has dominated the supply chains, and rare […]
Chinese diversified metals producer China Molybdenum (CMOC) recorded a fall in its cobalt production in 2020 following the impact of the Covid-19 pandemic, despite a rise in sales. CMOC, also known as Luoyang Luanchuan Molybdenum, […]
Energy News Beat Publishers Note: With this development in the need for lithium and the availability in the oil fields in Alberta, will that help the Biden Administration re-think the Keystone Pipeline? Just reaching, thinking, […]
The U.S. Department of Energy (DOE) today announced up to $30 million to support scientific research that will ensure American businesses can reliably tap into a domestic supply of critical elements and minerals, such as lithium, cobalt […]
A surge in commodity prices has Wall Street banks gearing up for the arrival of what may be a new supercycle — an extended period during which demand drives prices well above their long-run trend. […]
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