Hyundai is about to take the next steps as it preps to launch production of its “game-changing” all-solid-state batteries. The new EV battery tech promises a longer driving range, faster charging, and significantly higher energy density. Here’s what to expect. When are Hyundai’s all-solid-state EV batteries coming? Last June, Hyundai Motor CEO Chang Jae-hoon revealed […]
Battery Metals
Iron ore price hits five-week low as traders fret about Chinese demand
Iron ore sank to the lowest in more than five weeks — falling below $100 a ton — as poor industrial profits in China highlighted the nation’s economic weakness, although mills’ performance did improve. Futures touched $99 a ton in Singapore, on course for a second weekly loss. As a whole, China’s industrial firms saw […]
Tesla is rumored to have signed battery cell supply agreement with EVE
Tesla is rumored to have signed a battery cell supply agreement with EVE Energy, a Chinese battery cell manufacturer. For years, Tesla has been increasing the percentage of its electric vehicles powered by LFP battery cells. Lithium iron phosphate (LFP) is cheaper than the nickel-rich alternative, but they have lower energy density – resulting in […]
Gold price firms in holiday-thinned trade, spotlight on Fed and Trump policies
Gold prices rose on Thursday in holiday-thinned trade, while markets await clues on the Federal Reserve’s 2025 rate plan and tariff policies from the incoming Trump administration. Spot gold rose 0.5% to $2,627.62 per ounce, as of 0953 GMT. U.S. gold futures added 0.3% to $2,642.30. Markets in the euro zone are closed on Thursday […]
President Biden to decide fate of Nippon Steel’s $15bn bid for US Steel
Nippon Steel’s $15 billion bid for US Steel has been referred to US President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie up he has previously said he opposes. The Committee on Foreign Investment in the United States (CFIUS), which reviews foreign investments in the US […]
Tiny but vital metal markets rush to adjust to Chinese clampdown
Chinese curbs on exports of three niche metals to the US have already rattled the market. Now, a bigger clampdown looks set to have far-reaching ramifications for supply chains feeding American defense and chip-making industries. Beijing this month slapped a ban on US-bound exports of gallium, germanium and antimony in a tit-for-tat move in a […]
