The global copper market is expected to see a deficit of about 325kt this year and a surplus of 155kt in 2023, the International Copper Study Group (ICSG) said earlier this week.
New study shows wind and solar energy generated 25% of EU electricity since the beginning of the war in Ukraine, with year-on-year growth saving the equivalent of €11Bn (US$10.7Bn) in imported gas costs.
The Biden administration awarded US$2.8Bn of grants to boost domestic production of electric vehicle (EV) batteries and component materials across 12 states, in a bid to reduce the US reliance on supplies from China.
Last week, fluorine (and fluorspar) market participants met in Hanoi, Vietnam, for Fluorine Forum 2022. Project Blue presented a global fluorspar supply overview alongside changes and challenges facing the industry.
Markets had been waiting for Xi Jinping's speech at the 20th Chinese Communist Party (CCP) Congress with expectations that it would give clues about short-term economic measures and when the ‘zero-COVID’ policy will be relaxed. These hopes were dashed but, nevertheless, the speech contained some hints about China’s longer-term path which are worth highlighting.
Project Blue’s Vanadium Market Service explores what the commercialisation of the technology will mean for the critical material market.
Research from Pennsylvania State University has demonstrated a high-density electric vehicle battery that can be charged in around 10 minutes to offer a range between 200 and 300 miles.
GM announced last week that it had secured a new source of cost-competitive nickel and cobalt for Ultium battery cells after making a strategic investment in Queensland Pacific Metals of Australia.
South African state-owned logistics group Transnet has been plagued by a union strike since the 6th of October, which is expected to intensify after the tabled offer was rejected.
Rio Tinto will partner with the Government of Canada to decarbonise its Rio Tinto Fer et Titane (RTFT) operations and boost critical minerals processing with a focus on aerospace metals.
Mercedes-Benz announced Q3 2022 results with battery electric vehicle (BEV) sales up 115% year-on-year. Deliveries of hybrid and battery EV models reached nearly 76 thousand in Q3, equivalent to a 15% share of global deliveries.
Britishvolt is reportedly in talks over a potential sale of its main factory site, putting at risk one of the UK’s biggest EV battery cell factory developments.
Tharisa released its latest quarterly production report with co-production of platinum group metal (PGM) up 2.3% y-on-y to 45.3koz (up 7.6% q-on-q) and chromite concentrates up 5.1% y-on-y to 416.2kt (up 6.8% q-on-q).
Project Blue’s Rare Earth market intelligence analyses the full suite of rare earths and their applications. Our independent analysis and forecasts suggest that neodymium’s share of the total rare earth industry value has peaked.
Ferroglobe has (again) announced its intention to restart its Polokwane silicon metal plant, which has been idle since 2019. The decision to restart the facility was made as a result of the market’s rising demand for silicon metal.
Yesterday the Financial Times reported that Vale is in discussions to sell a US$2.5Bn minority stake in its metals business, as it seeks to boost its copper and nickel output to meet the growing demand for the energy transition.
Namibia Critical Metals released results from its updated PEA, which expands the run-of-mine to 2Mtpy of ore grading 0.1-0.2% total rare earths with a 16-year life-of-mine for the Lofdal heavy rare earth element project in Namibia.
In a Bloomberg interview, CEO Graham Kerr suggested that automakers are “super keen” to secure supply from the company’s Clark Deposit in Arizona.
Rivian Automotive announced it produced 7,363 electric vehicles (EVs) in Q3. The Illinois-based EV automaker believes it is on track to produce 25,000 EVs in 2022.