JPMorgan Chase & Co. will deliver gold bullion valued at more than $4 billion against futures contracts in New York in February, at a time when surging prices and the threat of import tariffs are fueling a worldwide dash to ship metal to the US. The bank, which is by far the world’s biggest bullion […]
Battery Metals
Gold price climbs to record as traders weigh threat from tariffs
Gold hit another record, with investors flocking to safe havens after US President Donald Trump reiterated threats to impose tariffs on Mexico and Canada. Bullion topped $2,800 for the first time on Friday. The surge came after Trump said he would follow through on imposing 25% levies on imports from Canada and Mexico on Feb. […]
EV Batteries Last Way Longer Than Expected
The rhythms of real-world driving enable EV batteries to live far beyond the predictions of laboratory tests, according to a new study from Stanford University. Thereport, published in December inNature Energy, suggests that EV batteries could last 38 percent longer than previous lab-based estimates. That means drivers could get as much as 314,000 kilometers (195,000 […]
EU to propose Russian aluminum ban in sweeping sanctions package
The European Union is proposing a phased ban on imports of Russian aluminum as part of a broad sanctions package ahead of the third anniversary of the Kremlin’s invasion of Ukraine, according to people familiar with the matter. The package — which has been circulated among member states this week — also proposes sanctions that […]
Copper price rises in US and slips in London after Trump tariff threat
Copper rallied in New York and slumped in London after President Donald Trump pledged import tariffs that risk raising costs for American manufacturers while dampening global demand. In the latest of a slew of trade threats that have roiled commodity markets since he took office last week, Trump said he plans levies on copper, aluminum […]
Cobalt price at lowest since 2016 amid record production
Cobalt prices have plummeted to their lowest level since 2016, as record-high production continues to weigh on the battery material’s value. China’s CMOC Group, the world’s largest cobalt miner, set a new production record last year and plans to maintain similar output levels through 2025, driven by ramped-up operations at two African mines. The company recently […]
