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INTERVIEW: Palladium market very close to balanced, not at surplus yet: Standard's Cooper
March 31 2020 - London — As a result of governments executing lockdowns and automakers worldwide implementing temporary shutdowns, the palladium deficit is very close to balancing-out, though not yet in surplus, Standard Chartered Bank precious metals analyst Suki Cooper told S&P Global Platts in an interview.
May is crunch time for U.S. auto suppliers amid coronavirus shutdown
April 9 2020 - DETROIT (Reuters) - Auto parts maker Kevin Clay landed a series of new contracts from customers early this year, and was bullish on 2020 after two challenging years.
Palladium bounces back from mid-March volatility brought on by coronavirus
March 31 2020 - The price of palladium regained ground and moved back above US$2,000 per ounce at the end of March after the coronavirus buffeted the market in the middle of the month.
Supply cuts may save world’s mining sector from depths plumbed during 2008 crisis
April 7 2020 - COMMODITY prices might not fall to the depths of the 2008 economic and financial crisis because the COVID-19 pandemic had affected supply as well as demand.
Global exploration activity bound for 'hard' hit in 2020
March 30 2020 - Analysts expect activity in the exploration sector to crumble in 2020 as financings dry up and miners look to conserve capital amid falling industrial metal prices and in response to...
Nornickel may not sell all output if coronavirus crisis drags
April 3 2020 - Russian nickel and palladium producer Norilsk Nickel (Nornickel) may find it hard to sell all of its output, as it normally can, if the coronavirus crisis persists, the company’s largest shareholder and president told a daily newspaper.
Why junior miners are headed in the 'right direction'
April 3 2020 - With a global pandemic and crashing stock markets, its no surprise financings have dropped off a cliff.
Lithium: Demand downgraded amidst COVID-19 pandemic, slow EV sales and weaker global economic performance
April 6 2020 - Since H2 2019, the outlook for lithium demand has been impacted significantly by a number of issues: firstly, a slowdown in...
General Motors, Honda to jointly develop two new electric vehicles
April 2 2020 - (Reuters) - General Motors Co (GM.N) and Honda Motor Co Ltd (7267.T) said on Thursday they would jointly develop two new electric vehicles for Honda and are exploring more ways to expand their alliance.
Outlook bleak for exploration and discovery
April 3 2020 - Drilling activity is set to collapse this year due to the COVID-19 outbreak.
Economic impact accepted, SA mining sector has the stripes to tackle COVID-19 fallout
April 3 2020 - IT was tempting to fear the worst following President Cyril Ramaphosa’s dramatic 21-day lockdown announcement on March 24 aimed at stemming the COVID-19 virus, especially for the mining sector which has long been at loggerheads with the government over fiscal and economic policy.
China EV slowdown to hit battery metals sector
April 2 2020 - The slowdown in China’s electric vehicle sector could have knock-on effects on the battery metals market in both the short and long run, commodities analysts at Argus Media said in a new report.
Exclusive: China may ease electric car quotas, delay emission rules to help automakers - sources
April 1 2020 - BEIJING (Reuters) - China is considering temporarily easing quotas designed to boost production of electric cars to help automakers badly bruised by the coronavirus pandemic to revive slumping sales, people familiar with the matter said.
South Africa’s shutdown threatens PGM supply
March 30 2020 - South Africa has been placed on a 21-day lockdown to slow the spread of the coronavirus.
Mitsubishi unpacks movement of PGM markets amid lockdowns
March 27 2020 - Mitsubishi Corporation International (MCI) says in its latest precious metals update that it expects South Africa’s platinum supply to reduce by around 7%, or by between 200 000 oz and 300 000 oz.
Detroit's near future based on SUVs, not EVs, production plans show
March 26 2020 - DETROIT (Reuters) - General Motors Co (GM.N) and Ford Motor Co (F.N) have widely touted their commitment to emission-free electric cars, but their production plans show a growing reliance on ever-larger gas-powered vehicles.
Coronavirus slows U.S. push to produce electric vehicle minerals
March 26 2020 - (Reuters) - The coronavirus pandemic is hobbling U.S. efforts to produce lithium, rare earths and other materials used in electric vehicles and high-tech equipment, dealing a blow to President Donald Trump’s plan to curb Chinese control of the strategic minerals sector.
Sibanye to put South African operations on hold
March 25 2020 - Sibanye-Stillwater (JSE: SSW, NYSE: SBSW) announced on Wednesday that it has begun implementing measures to place its South African gold and PGM operations under temporary care and maintenance.
SA mining faces 15% production knock in 2020 as it prepares for national lockdown
March 26 2020 - SOUTH Africa’s mining sector could suffer direct production losses of 8% of annual output as a result of the 21-day lockdown due to start at midnight on Thursday.
Volkswagen expects car market to recover in summer: FAZ
March 25 2020 - BERLIN (Reuters) - Volkswagen (VOWG_p.DE) expects the German car market to recover in the summer after the automaker was forced to suspend output because of the coronavirus pandemic, an executive told a newspaper on Wednesday.
U.S. auto sales in states with coronavirus lockdown orders to drop 80%: analysts
March 25 2020 - (Reuters) - Vehicle sales in U.S. states that implemented lockdown orders to curb the spread of the coronavirus will drop 80% or more, analysts said on Wednesday.
PGM prices benefit from South African shutdowns, but gains may be limited
March 25 2020 - (Kitco News) - Platinum and palladium are currently benefiting from mine shutdowns in South Africa as part of the global effort to halt the COVID-19 outbreak, but a more meaningful price recovery may not occur until the global economy recovers, some analysts said.
South Africa orders mines to close in 21-day virus lockdown
March 24 2020 - South Africa will close its mines for an unprecedented 21 days as part of a nationwide lockdown announced by President Cyril Ramaphosa in a race to contain the coronavirus.
COVID-19: Ontario and Quebec differ on ‘essential service’ definitions
March 24 2020 - Yesterday, Ontario Premier Doug Ford and Quebec Premier Francois Legault both ordered the closure of non-essential businesses, effective as of midnight on Tuesday, Mar. 24.
South African mining braces for coronavirus lockdown
March 24 2020 - South African mining companies are bracing for a heavy hit from the country’s looming nationwide lockdown to slow the spread of the coronavirus, warning of an expected leap in costs in addition to their lost output.
Toyota plans to develop fuel cell truck with Hino unit
March 23 2020 - TOKYO (Reuters) - Japan’s Toyota Motor Corp on Monday said it would develop a heavy-duty fuel-cell truck with its subsidiary, Hino Motor Co, as it sees hydrogen technology as a zero-emissions alternative to battery power for large commercial vehicles.
Europe’s auto industry shifts into neutral
March 23 2020 - Most European carmakers have suspended production for at least two weeks owing to supply chain disruption and falling sales as a result of the spread of COVID-19.
Question marks over protracted re-entry of trimetal PGM catalysis
March 19 2020 - JOHANNESBURG (miningweekly.com) – Trimetal catalysts, which use three platinum group metals (PGMs) rather than two and thereby balance PGM demand, have a multi-decade history of curbing gasoline vehicle emissions, which poses question marks over why their re-adoption should be so protracted.
Rusal puts brakes on Nornickel’s palladium JV
March 19 2020 - Russia’s Norilsk Nickel said on Friday that Russian Platinum, its partner in an Arctic palladium project, had withdrawn from talks on creating the joint venture due to a lack of approval from Rusal, one of Nornickel’s shareholders.
COVID-19: Coronavirus impacts spread across mining sector
March 19 2020 - As the world seemingly moves into lockdown to halt the transmission of the novel COVID-19 virus, the uncertainty and restrictions on movement are taking a toll on markets and commodities.
After the rout, platinum and palladium face more turmoil before recovery
March 18 2020 - Platinum and palladium will remain turbulent in coming months after huge losses sparked by the spread of coronavirus, before starting a tentative recovery with support from palladium’s supply gap and platinum’s correlation with gold, analysts said.
World’s biggest precious metal industry readies for coronavirus
March 17 2020 - Platinum and gold mines in South Africa, which together make up the world’s biggest precious metals industry, are gearing up to try and minimize...
Commerzbank: will virus kill PGM demand, or will low prices trigger stockpiling?
March 18 2020 - The coronavirus outbreak could have one of two possible impacts on demand for platinum group metals:
VW to start using high-nickel batteries for EVs
March 17 2020 - Volkswagen will raise the amount of nickel used in it electric car battery cells to 80% in the next year from 65% at present, Frank Blome, head of battery cells at the carmaker said on Tuesday.
Miners form hydrogen consortium
Mar 18 2020 - Anglo American, BHP, Fortescue Metals Group and Hatch have formed a Green Hydrogen Consortium to look at ways of using green hydrogen to accelerate decarbonisation within their operations globally.
Analysts: palladium having worst week ever; Feb. Chinese car sales tumble
March 13 2020 - Palladium prices were soaring almost daily on strong automotive demand not so long ago, but the market is now digesting some bearish news on car sales tied to the coronavirus outbreak, analysts said.
PRECIOUS-Palladium tumbles 28%, gold slumps over 4% in virus-led rout
March 13 2020 - March 12 (Reuters) - Palladium plunged as much as 28% on Thursday as panic selling driven by intensifying fears over the coronavirus pandemic seeped into precious metals, with gold slumping more than 4% as investors rushed to cover margin calls in other assets.
Wheaton Precious Metals picks a good year to up palladium production
March 11 2020 - Wheaton Precious Metals (NYSE:WPM) produced 50% more palladium in 2019 from its Sibanye-Stillwater stream.
PGM Update: Tri-metal catalyst won’t hit the market for three years — and platinum finally gets a coin
March 12 2020 - Impala Platinum CEO Nico Muller has provided some details after the announcement this week that chemicals group BASF had successfully tested a catalyst that can...
Man who attended PDAC 2020 diagnosed with coronavirus
March 11 2020 - (Kitco News) - Health officials in Toronto are warning people who attended the Prospectors & Developers Association of Canada 2020 mining conference to monitor their health for signs of the coronavirus.
Implats casts further doubt on $874m Waterberg JV saying it is “treading cautiously”
March 11 2020 - IMPALA Platinum (Implats) gave its biggest signal yet that it was having second thoughts about investing in the Waterberg Joint Venture, a large palladium resource currently under the development of Platinum Group Metals (PTM).
Albemarle expects weak Q1 in China due to coronavirus
March 10 2020 - Albemarle, the world’s largest producer of lithium for electric vehicle batteries, said on Tuesday it is experiencing a “weak” first quarter in China, where most of the company’s processing facilities and customers are located.
BASF launches autocatalyst in bid to rebalance PGM market, retain industrial demand
March 10 2020 - IT was important to rebalance the platinum group metal (PGM) market in order to prevent the industry losing industrial demand permanently.
Breakthrough technique could produce lithium in hours
March 9 2020 - A new filtration technique could cut the time needed to produce lithium raw materials at South America’s vast evaporation ponds to hours from months, according to a study by a group of international scientists.
BASF launches a new Tri-Metal Catalyst, developed in collaboration with and sponsored by Sibanye-Stillwater and Impala Platinum
March 10 2020 - Innovative technology enables partial substitution of palladium with platinum, enabling a reduction in catalytic converter costs and partially alleviating sustained palladium deficits.
South African supply: short-term loss, long-term gain
Mar 09 2020 - Anglo American Platinum has declared a force majeure following the temporary shutdown of its converter plant at the Waterval smelter, which could result in a drop of up to...
EV-internal combustion price parity forecast for 2023 – report
March 6 2020 - A new report by Roskill suggests that the rising CO2 compliance costs that original equipment manufacturers within the automobile industry are facing in some jurisdictions are set to create a price parity between fully electric vehicles (BEV) and their internal combustion engine (ICE) counterparts.
GM takes aim at Tesla with 'Ultium' batteries and fleet of electric vehicles
March 3 2020 - DETROIT (Reuters) - General Motors Co (GM.N) Chief Executive Mary Barra said Wednesday the Detroit automaker will invest $20 billion by 2025 in electric and automated vehicles as it races to catch up with Elon Musk’s Tesla Inc (TSLA.O) as vehicles go electric.
PDAC: Friedland previews ‘Revenge of the Miners’
March 3 2020 - Renowned mining mogul Robert Friedland took a theatrical approach to introduce his message to PDAC attendees on Monday in Toronto.
Mining’s biggest show will go on despite coronavirus
Feb 27 2020 - The champagne is on ice and organizers are putting on a brave face, but a whiff of trepidation is building ahead of one of the world’s largest mining conferences.
Mining Exploration Insights – February 2020
February 28 2020 - Exploration index down as only drill results improve MOM
Nornickel sees no major palladium substitution in near term
Feb 26 2020 - Russia’s Norilsk Nickel (Nornickel), the world’s largest producer of palladium and high-grade nickel, expects the palladium market to continue to be in a deficit of about 500 000 oz this year, driven by the continuing increase in loadings in autocatalysts.
Lithium price: EVs will be $350bn market in just 15 years
Feb 25 2020 - The global energy storage market is expected to balloon over the next 15 years, according to a report released by Lux Research.
ESG comes to junior mining
Feb 24 2020 - Exploration companies need not get left behind and can adopt some environmental social governance principles (ESG), said Kendra Johnston, president and CEO of the Association for Mineral Exploration.
Deficit should keep palladium price on the boil
Feb 21 2020 - Prices for March palladium went 1.18% up in late afternoon on Friday as the metal was trading at $2,634 an ounce on the Comex market in New York.
Bill Gates-led fund invests in making lithium mining more sustainable
Feb 19 2020 - Breakthrough Energy Ventures, helmed by Bill Gates, and MIT’s The Engine fund are leading an investment round of $20 million for...
Daimler warns of "significant adverse effects" of virus outbreak
Feb 21 2020 - BERLIN (Reuters) - German luxury carmaker Daimler (DAIGn.DE) on Friday warned of risks for the economy and its own business from the outbreak of coronavirus that is spreading in China and around the world.
Palladium market 'overdone' but not necessarily a bubble: analyst
Feb 20 2020 - London — The palladium market, which hit a record high $2,835/oz on Wednesday, isn't necessarily a "bubble," Nedbank CIB mining analyst Arnold Van Graan told S&P Global Platts in an interview.
Europe floors it in the race to dominate car batteries
Feb 19 2020 - Outside the German town of Arnstadt, workers for China’s Contemporary Amperex Technology Co. Ltd. (CATL) are hustling to build Europe’s biggest electric-car battery plant.
M&A deals reshape Canadian mining landscape
February 19 2020 - The flurry of M&A transactions last year brought a much-awaited consolidation of the global gold sector.
Palladium ‘madness’ continues
Feb 19 2020 - Fears that the coronavirus could be a disaster for the global economy and a drumbeat of speculation over central-bank stimulus are driving another rally in precious metals.
Sibanye-Stillwater to pull 150MW renewable power project citing obscure Govt. rules
Feb 20 2020 - SIBANYE-Stillwater CEO, Neal Froneman, issued a not-so subtle message to the South African government that its failure to provide power supply security would influence his company’s future investment decisions in the country.
Tesla’s China surprise big blow for cobalt, nickel price bulls
Feb 19 2020 - Long-suffering cobalt bulls were dealt another blow on Wednesday after reports that the world’s largest electric carmaker is shifting some production of its most popular model away from batteries that contain nickel and cobalt.
Albemarle expects 2020 profit drop as lithium prices sag
Feb 19 2020 - Albemarle, the world’s largest lithium producer, reported a lower-than-expected quarterly profit on Wednesday and forecast a double-digit drop in 2020 earnings on weak prices for the battery metal.
Edison Research : Lithium
Feb 19 2020 - As seasoned market observers know, one of the rarest phenomena in mining is when the price of a metal (or mineral) moves in one direction and the share prices of companies that mine or explore for that metal move in the other.
Gold passes US$1,600/oz, palladium surges
Feb 19 2020 - Precious metals soared yesterday as markets digested further coronavirus woes, with tech giant Apple warning it didn’t expect to meet revenue targets this quarter due to iPhone supply constraints.
Exclusive: Tesla in talks to use CATL's cobalt-free batteries in China-made cars - sources
Feb 18 2020 - Beijing (Reuters) - Tesla (TSLA.O) is in advanced stages of talks to use batteries from CATL that contain no cobalt - one of the most expensive metals in electric vehicle (EV) batteries - in cars made at its China plant, people familiar with the matter said.
South Africa's Eskom needs cash injection to avoid debt crisis - CEO
Feb 18 2020 - CAPE TOWN, Feb 18 (Reuters) - South Africa’s ailing power utility Eskom urgently needs more cash to stabilise its ballooning debt pile with the funds coming from a rise in tariffs or new equity, new chief executive Andre de Ruyter told lawmakers on Tuesday.
Commodities Strategy | Metals Update
Feb 12 2020 - This quick note follows up on the most recent PGM developments in light of the Corona virus, conversations we have had on a potential supply response, and highlights the recently published JM report.
Indaba, PGMs: Roskill On the road… at Investec in Cape Town
Feb 17 2020 - Platinum group metal (PGM) producers, traders and consumers gathered at Investec’s annual PGM dialogue at the Cape Town Mining Indaba to discuss...
Market in the foothills of platinum recovery as automakers turn minds to substitution
Feb 17 2020 - THE market might be in the foothills of a platinum price recovery as automakers had “started to do some work” on how the metal could be used as a substitute for palladium, the dollar price of which had improved 48% in 2019.
Coronavirus lifts safe-haven demand, but hits PGMs
Feb 17 2020 - Disruption associated with the outbreak of the novel coronavirus COVID-19 in China will impact precious metal demand across a range of end-uses, including cars and auto parts, electronics and jewellery
Australian companies, academia working on fast-charge Li-ion batteries for trams
Feb 13 2020 - Nanotechnology company VSPC, a 100%-owned subsidiary of Lithium Australia NL (ASX: LIT), together with CSIRO, the University of Queensland and Soluna is taking part in...
PLATINUM IN HYBRID VEHICLES
Feb 12 2020 - Hybrid vehicles have the potential to help European automakers meet stringent new fleet CO₂ emissions standards, avoiding heavy fines
A Look at COMEX Palladium - Craig Hemke (02/11/2020)
Feb 11 2020 - As you know, we've been following the palladium story for over two years now.
Palladium, rhodium deficits set to grow in 2020: report
Feb 12 2020 -Rapidly rising demand from auto makers pushed the global palladium market last year to its biggest deficit for five years and created the first shortfall of rhodium since 2014, materials maker Johnson Matthey said on Wednesday.
USGS REPORT : PLATINUM-GROUP METALS
Feb 2020 - (Palladium, platinum, iridium, osmium, rhodium, and ruthenium)
Exclusive: Germany's Volkswagen and Daimler push for more 'sustainable' Chile lithium
Feb 11 2020 - SANTIAGO (Reuters) - German automakers Volkswagen (VOWG_p.DE) and Daimler (DAIGn.DE) have launched a study to push for more “sustainable” lithium mining in Chile.
Daimler CEO says meeting CO2 targets in 2020, 2021 a challenge
Feb 11 2020 - STUTTGART, Germany (Reuters) - Daimler (DAIGn.DE) will not sacrifice the profitability of next generation electric cars Chief Executive Ola Kaellenius said on Tuesday, as the carmaker struggles to meet more stringent European Union anti-pollution rules.
The hedge fund making a fortune betting on greener cars
Feb 10 2020 - For decades, Blenheim Capital Management found fame and fortune making bold bets in commodities that were flying under the radar.
Canada's critical minerals push raising mining sector profile
Jan 30 2020 - "Mining hasn't featured this prominently in as long as I can remember, so it's quite exciting," Gratton said in an interview.
Lithium set to make comeback in 2020 as China holds on to EV subsidies
Jan 28 2020 - Lithium experts say the market will bounce back in 2020 on the back of expected higher electric vehicle uptake in Europe, and China abandoning plans to lower EV subsidies again this year.
Petrol hybrids to win near-term emissions race, supporting Pd & Rh
Feb 10 2020 - New CO2 emissions targets for new cars and light commercial vehicles came into force on 1 January 2020.
Exclusive: Top lithium miner seeks to monitor water scarcity in parched Chile salt flat
Feb 10 2020 - SANTIAGO (Reuters) - With residents and courts ringing the alarm about depleted water supplies in Chile’s Atacama salt flat, the world’s top lithium miner Albemarle (ALB.N) quietly filed a proposal in December for a network to monitor flows beneath the parched desert floor.
China's Ganfeng to take control of Argentina lithium project
Feb 10 2020 - (Reuters) - China’s Ganfeng Lithium Co said on Friday it will take control of an Argentina lithium project it has been developing with Lithium Americas Corp, cementing its control over a key source of the white metal for electric vehicle batteries.
Russia considering $1 bln loan to Nornickel for Arctic project - Ifax
Jan 29 2020 - MOSCOW, Feb 7 (Reuters) - The Russian government is considering spending $1 billion from its sovereign wealth fund on a loan to mining giant Norilsk Nickel for its Arctic Palladium project, the Interfax news agency cited a source as saying on Friday.
With Tesla stock envy, GM hopes to sell investors on its EV, tech future
Feb 05 2020 - DETROIT (Reuters) - General Motors Co (GM.N) has watched with frustration and envy as the market value of electric carmaker Tesla Inc (TSLA.O) has ballooned to more than triple GM’s size, but Wednesday the Detroit automaker will make the case that its EV and self-driving technology strategy deserves a higher value.
Palladium market not a 'ticking time bomb': Sibanye CEO
Feb 04 2020 - New York — Palladium prices are unlikely to fall dramatically any time soon, with solid supply/demand fundamentals acting as supportive factors for the already elevated price, according to producer Sibanye-Stillwater.
Lithium mining shares off to the races
Feb 04 2020 - Shares in lithium producers soared on Tuesday with the sector getting caught up in the investor enthusiasm for electric vehicle pioneer Tesla.
Electric future: Britain to ban new petrol and hybrid cars from 2035
Feb 03 2020 - LONDON (Reuters) - Britain will ban the sale of new petrol, diesel and hybrid cars from 2035, five years earlier than planned, in an attempt to reduce air pollution that could herald the end of over a century of reliance on the internal combustion engine.
Platinum mining giant says South Africa running out of time
Feb 03 2020 - South African President Cyril Ramaphosa may be running out of time to enact the reforms required to attract significant investments in the country’s mining industry.
Canada can be a leader in the global electric-car battery market
Feb 02 2020 -Our planet’s health is receiving more attention than ever before – and with good reason.
Palladium's outperformance over platinum to continue in 2020
Feb 03 2020 - The palladium market is predicted to have a large deficit this year owing to strong automotive demand following the implementation of tighter emissions legislation.
B of A boosts palladium price forecast
Jan 31 2019 - Palladium prices have surged 1520% since 2009 due to tight supply and higher emission standards, and analysts at the Bank of America forecast the metal could rise to US$3,500 per oz. in the fourth quarter of 2020 from the current spot price of US$2,302.75 per ounce.
Rhodium prices hit record high after spectacular rally
Jan 31 2020 - LONDON (Reuters) - Rhodium, a precious metal used to reduce vehicle emissions, rose to a record high of $10,165 an ounce on Friday after a supply squeeze drove prices up more than $4,000 in January alone.
Australia’s lithium producers see tough market conditions persisting well into 2020
Jan 30 2020 - Australia’s Orocobre Ltd and Pilbara Minerals Ltd on Thursday gave bearish outlooks for lithium demand, as weak orders from electric vehicle makers in China look set to extend a prolonged downturn.
GM reviving Hummer brand with 1,000-horsepower electric truck
Jan 30 2020 -The Hummer, once a gas-guzzling target for environmentalists, is making a comeback. But this time around it won’t burn fuel or spew greenhouse gases.
German car industry seeks more predictable EU carbon dioxide rules
Jan 30 2020 - BERLIN (Reuters) - The German auto industry called late on Wednesday for the European Union (EU) to make its regulations more predictable, especially targets for cutting carbon dioxide emissions from vehicles.
Palladium to remain strong despite added Nornickel supply - analysts
Jan 29 2020 - (Kitco News) - Palladium prices are likely to remain strong despite news that Russian producer Norilsk Nickel will release three metric tons of palladium ingots from its stockpiles, traders and analysts said.
Tesla partners with LG Chem, CATL for battery supply
Jan 30 2020 - (Reuters) - Tesla Inc (TSLA.O) has entered into a partnership with South Korea’s LG Chem Ltd (051910.KS) and China’s CATL (300750.SZ) for supply of batteries used in its electric cars, the company said on Wednesday.
Orocobre says price per tonne of lithium down 24%
Jan 29 2020 - Orocobre (TSX:ORL) said today that its average price per tonne of lithium carbonate was down 24% to $5,419 compared to the same quarter a year ago.
UPS inks electric van deal with Arrival, to test Waymo automation
Jan 29 2020 - LOS ANGELES (Reuters) - United Parcel Service Inc said on Wednesday it was ordering 10,000 electric delivery trucks from UK-based Arrival Ltd and teaming with self-driving startup Waymo as package carriers work to cut costs and tailpipe pollution.
Palladium’s biggest miner says market is in a bubble
Jan 29 2020 - Financial speculators have created a bubble in palladium that’s bad for the industry, according to MMC Norilsk Nickel PJSC, the world’s biggest producer of the metal.
Record palladium-platinum price gap to narrow in 2021- Reuters poll
Jan 28 2020 - LONDON/BENGALURU (Reuters) - Palladium will cost on average more than twice as much as platinum this year, but that premium will narrow in 2021 as prices slip from record highs and platinum gains ground, a Reuters poll showed on Tuesday.
EV predictions show strained metals supply
Jan 28 2020 - One of the most prevalent current trends concerning mined commodities is the shift, driven by the effort to reduce our carbon footprint, is towards the electrification of the global transportation system.
Nornickel's fund to deliver 3 T of palladium ingots to the market
Jan 29 2020 - MOSCOW (Reuters) - Russia’s Norilsk Nickel (Nornickel) said on Wednesday its Global Palladium Fund would deliver three tonnes of palladium ingots to the market from its current stock to provide a short-term relief to tight supplies.
Jeep, Suzuki models found to have broken EU emissions rules
Jan 23 2020 - AMSTERDAM (Reuters) - Fiat Chrysler’s (FCHA.MI) Jeep Grand Cherokee and Suzuki’s (7269.T) Vitara diesel models both break emissions rules and must be fixed or face a ban on sales across Europe, the Dutch road authority ruled on Thursday.
Alaska gov welcomes mining investments
Jan 24 2020 - If you are not doing business in Alaska, you should be, this is the message Alaska Gov. Mike Dunleavy had for the mining community attending the Association for Mineral Exploration Roundup in Vancouver, British Columbia.
Palladium’s fading stockpiles draw warning of prolonged deficit
Jan 22 2020 - As palladium’s record-breaking rally makes guessing the size of stockpiles more important than ever, one thing at least is clear — they’re getting a lot smaller.
The Magic Palladium Bullet in 2020 - Craig Hemke
Jan 21 2020 - We've been monitoring and writing about palladium since the price first broke to new all-time highs in 2018.
India’s electric car ambitions could stumble on lack of lithium
Jan 21 2020 - India’s ambition of becoming a global hub for making electric vehicles faces one major hurdle: its lack of access to lithium.
Rhodium moves into overdrive owing to “insatiable demand” from Asia, supply fears
Jan 22 2020 - INSATIABLE demand from Asia and fear of diminishing supply were factors behind the latest surge in the rhodium price, said Reuters citing analysts.
Palladium: volatility rises, but the rally remains intact
Jan 22 2020 - After a whopping 54% intra-year increase during 2019, the start of 2020 has seen the palladium rally accelerate even further.
Rhodium rally goes supersonic as auto makers clamor for supplies
Jan 22 2020 - LONDON (Reuters) - A rally in rhodium, a precious metal used to reduce vehicle emissions, has exploded into high gear, with surging demand and an uncertain supply outlook pushing prices up 40% in just three weeks to near record highs.
Palladium tops $2,500 an ounce in biggest one-day surge since 2008
Jan 17 2020 - Palladium surged the most since 2008 as scant supply and robust demand extend a record-breaking rally.
EV sales to hit 37 million by 2024, ARK says
Jan 20 2019 - New York-based ARK Investment Management forecasts sales of electric vehicles will reach 37 million units in 2024.
’There’s no metal’: Record-breaking palladium races higher
Jan 17 2020 - A squeeze in ready availability of automotive metal palladium has driven up already record-high prices by 25 per cent in just two weeks, accelerating a four-year rally and stoking expectations for further gains, analysts said.
The world’s most precious metal leaves everything else in the dust
Jan 13 2020 - Palladium’s great start to the year pales in comparison to its lesser known, but much more expensive sister metal, rhodium.
'Green is good.' Is Wall Street's new motto sustainable?
Jan 13 2020 - NEW YORK (Reuters) - If you have gone to Goldman Sachs Group Inc’s internet home page since mid-December, it would be reasonable to wonder if you had stumbled into some kind of parallel universe.
Lithium price plunges to 4-year low
Jan 10 2020 - Investment in battery manufacturing plants and electric vehicle factories continues to boom around the world, but for now the market for lithium shows no signs of emerging from a four-year slump.
SA mining industry resilience to Eskom crisis will buckle if rolling blackouts intensify
=Jan 13 2020 - A REPORT by RMB Morgan Stanley in the final weeks of 2019 suggested that, contrary to popular thought, Eskom’s rolling blackouts since about 2008 had had a limited impact on South Africa’s mineral production.
Soaring SUV sales keep carmakers on collision course with climate policy
Jan 10 2020 - FRANKFURT (Reuters) - Soaring demand for SUVs drove record sales for premium carmakers including BMW and Mercedes last year, leaving the industry on collision course with government efforts to tackle global warming despite big investments in electric vehicles.
BMW becomes first carmaker to join responsible mining group
Jan 9 2020 - German luxury vehicle maker BMW has joined a global group that promotes ecologically and socially responsible mining in large-scale operations, becoming the first car company to be part of the certification program.
How Big Tech is helping transform cars into smartphones
Jan 9 2020 - LAS VEGAS (Reuters) - Technology companies transformed smartphones and televisions into continuous fountains of revenue. Now, big tech wants to work with automakers to do the same thing for your car.
Rhodium prices soar on 'demand-driven story'
Jan 8 2019 - (Kitco News) - Rhodium prices have skyrocketed, which analysts and traders are attributing to strong industrial demand – particularly from the Chinese car market – at a time when supplies are unable to keep pace.
Tesla's market value zooms past that of GM and Ford - combined
Jan 8 2020 - SAN FRANCISCO (Reuters) - For the first time, Tesla Inc’s (TSLA.O) stock market value has eclipsed the combined values of General Motors Co (GM.N) and Ford Motor Co (F.N).
European EV sales set record in December on subsidy shift
Jan 9 2020 - European electric car sales in December set a new record, at an estimated 74k units, a huge 85% higher than in December 2018.
PRECIOUS-Gold below $1,600 as markets await U.S. reaction to Iran attacks
Jan 8 2020 - Jan 8 (Reuters) - Gold surged past the $1,600 level for the first time in nearly seven years earlier on Wednesday after Iran carried out retaliatory attacks against U.S. forces in Iraq, but the metal pared gains as investors awaited reaction from the White House.
Lithium: What can the market expect in the next 12 months?
Jan 8 2020 - Consultant Jake Fraser gives his view on what has been happening in the lithium market and what we can expect over the coming 12 months.
Base metals hope for manufacturing recovery in 2020: Andy Home
Jan 7 2020 - LONDON (Reuters) - Well, at least there was nickel.
BATTERIES: Li-Cycle marks first shipment of recycled battery material
Jan 7 2020 - TORONTO – Li-Cycle Corp. has reported its first shipment of commercially recycled battery material from its facility in Ontario.
Gold jumps to near seven-year high on U.S.-Iran tensions; palladium breaches $2,000
Jan 6 2020 - (Reuters) - Gold surged close to a seven-year peak on Monday, as investors flocked to the safe-haven metal on escalating U.S.-Iran tensions, while palladium surpassed the level of $2,000 to hit a record high.
Will 2020 be junior mining’s year?
Jan 4 2020 - Another year of covering commodities and select junior mining stocks is all but done and dusted.
The final entry of Captain Curt's log
Jan 2 2020 - After 23 years, 207 million oz of gold and three mining cycles, Freeman posts last Alaska update to North of 60 Mining News.
Lithium miner SQM considering options after environmental court ruling
Dec 27 2019 - (Reuters) - SQM, the world´s No. 2 lithium producer, said on Friday it "regrets" a ruling by a Chilean environmental court that it should be prosecuted over excessive water use in the country´s northern Atacama Desert.
Golden year for precious metals as 2019 sees glistening run
Dec 31 2019 - Gold prices are set for their strongest annual increase since 2010, as worries over global economic health triggered a surge of interest in precious metals, while palladium soared more than 50% to record highs thanks to supply shortages.
We’ll likely see a few electric vehicles on every street by the end of this decade
Jan 1 2020 - Compared with more than a century of gas-powered cars, we’re still in our electric youth.
ETFs, hedge funds pile into platinum on brighter demand outlook
Dec 31 2019 - Investors have taken a shine to platinum.
Ford says reservations full for high-end version of electric Mustang Mach-E
Dec 30 2019 - (Reuters) - Ford Motor Co (F.N) said on Monday reservations were full for the high-end Mustang Mach-E First Edition electric sport utility vehicle.
Lithium-ion batteries could become self-healing
Dec 30 2019 - Engineers at the University of Illinois have developed an electrolyte that could help manufacturers produce recyclable, self-healing commercial batteries.
Electric vehicles are supposed to be green, but the truth is a bit murkier
Dec 29 2019 - Mining lithium for batteries, plus how they're charged, can affect an EV’s impact on environment
Clean energy might be the future, but there is no game plan - how the PGMs stand to break out
Dec 20 2019 - Over the next two decades, the world’s ability to supply resources is going to be pressed to its limit, and no other market segment is going to be harder pressed than materials needed for the transition to automotive clean energy.
Outlook: George Salamis on why 2020 will be good for junior miners
Dec 22 2019 - It’s the end of the year and the end of the decade. Cue all the flashbacks and 2020 predictions …
Canada’s auto sector must fight for its place as the electric age approaches, analysts say
Dec 22 2019 - The last vehicles of an era rolled out of GM Canada’s Oshawa assembly plant last week, but workers and the union behind them hope it’s not the end of the line.
Unexpected bump on the EV road hits battery metals
Dec 18 2019 - It’s been a tough year for electric vehicle (EV) metal bulls.
Coal endures as world’s favorite fuel for electricity generation
Dec 18 2019 - Coal consumption is set to rise in the coming years as growing demand for electricity in developing countries outpaces a shift to cleaner sources of electricity in industrialized nations.
IBM’s new battery design taps seawater as alternative mineral source
Dec 18 2019 - International Business Machines Corp on Wednesday said it has come up with a new battery technology that uses materials extracted from seawater and requires no cobalt, as the race to find alternative sources to the expensive mineral intensifies.
Palladium tops $2,000 in record-breaking rally before gains ebb
Dec 17 2019 - Palladium rose above $2,000 an ounce for the first time, extending an annual advance powered by a sustained global deficit, before slipping as profit-taking emerged.
Will money finally go into the ground in 2020?
Dec 17 2019 - After years of under-investment and some recent knockout financial results by the majors, the expectation is that money will finally get spent on exploration in the coming quarters.
Different but crucial existential questions posed for SA and world mining sectors in 2019
=Dec 17 2019 - Roger Baxter, the lanky CEO of the Minerals Council, is an optimistic kind of guy. He stoutly believes, for instance, that South Africa’s economic recovery can be found in the revitalisation of its mining sector.
Trade issues to drive palladium, rhodium prices in 2020: sources
Dec 17 2019 - Washington — Though factors like rising emissions standards and regional supply shortages helped palladium and rhodium reach multiyear highs in 2019, most market players expect international trade factors to drive prices in 2020.
What differentiates the Nikola truck from the Tesla semi?
Dec 17 2019 - Nikola Motor Company CEO Trevor Milton discusses his company's hydrogen-fueled vehicles.
Palladium smashes $2 000 as BMO says this time looks different
Dec 17 2019 - Palladium smashed through $2 000/oz to a record as the metal extended a powerful annual advance driven by a sustained global deficit, with market watchers saying the shortfall will be extremely hard to fill.
Brand new day
Dec 16 2019 - (Kitco News) - ‘Brand premiums’ might be coming for miners, says the head of the one of the world’s leading mining consulting firms, which this year merged with a fast-growing, private-equity backed sustainability consultancy.
Palladium barrels toward $2,000 as red-hot rally continues
Dec 13 2019 - Palladium set its sights on a record $2,000 an ounce, with the metal’s blistering rally showing no sign yet of cooling off.
Commentary: Mining sector has unique advantage in transition to low-carbon economy
Dec 13 2019 - With the mining sector generating 14% of Canada’s greenhouse gas (GHG) emissions, the presence of climate change presents the sector with both opportunities and risks.
Palladium may lose some altitude but expected to remain at lofty heights
Dec 13 2019 - (Kitco News) - Palladium remains in a large supply/demand deficit due to strong auto-related consumption, and as a result, prices are likely to remain at historically high levels during 2020, most analysts said.
Albemarle CEO says long-term lithium demand remains ‘robust’
Dec 12 2019 - Albemarle Corp, the world’s largest lithium producer, expects robust long-term demand for the electric vehicle battery mineral despite troubles in the existing market resulting from oversupply, Chief Executive Luke Kissam said on Thursday.
Cadillac vehicles shifting to electric from gas by 2030: executive
Dec 12 2019 - DETROIT (Reuters) - The head of General Motors Co’s Cadillac luxury brand said on Thursday that a majority, and possibly all, of the brand’s models would be electric vehicles by 2030.
Are hybrids worth the cost? That depends
Dec 12 2019 - Hybrid cars are taking up a growing share of new auto purchases as options increase and prices come down. But to figure out if a hybrid makes financial sense, consumers need to do some math.
Palladium posts all-time high that tops gold's record price
Dec 12 2019 - (Kitco News) - Palladium prices have once again hit a fresh all-time high, in the process exceeding gold’s record from nine years ago, as demand for the palladium in catalytic converters remains robust, traders and analysts said.
Should You Sell During “Tax-Loss Selling” Season?
Dec 05 2019 - You start hearing the murmurings towards the end of October.
Palladium tops $1,900 as South Africa power cuts fuel supply woe
Dec 10 2019 - Palladium surged to a record high, topping $1,900 an ounce, after South African mining companies halted operations in response to the country’s power cuts. Platinum also rose.
South African mines grind to halt as floods worsen power crisis
Dec 10 2019 - Mines across South Africa shut down on Tuesday after flash flooding triggered the most severe power blackouts in more than a decade, threatening a key export sector in a further blow to the country’s already slowing economy.
First commercial electric plane takes flight
Dec 11 2019 - An electric-powered seaplane made its first flight on Tuesday (December 10) in Richmond, Canada. Libby Hogan reports.
Gold’s deal blitz could draw in the rest of mining
Dec 10 2019 - A torrent of deal-making among gold producers that’s pushed M&A in the sector to an eight-year high is seen spilling over into the wider mining industry — if there’s a rally in global growth.
Implats to close North American Palladium takeover this week
Dec 10 2019 - South African miner Impala Platinum Holdings (Implats) has received all the required regulatory approvals for its proposed acquisition of Canada’s North American Palladium (TSE: PDL).
Favourable fundamentals point to further upside for the palladium price
Dec 10 2019 - With the palladium price surpassing $1,900, and our 5-year PGM Forecast report due out next week, we take the opportunity to review our short-to-medium term projections for palladium.
Outlook: CPM Group’s Jeffrey Christian reflects on 2019 and forecasts what’s ahead in 2020
Dec 09 2019 - Jeffrey Christian is the managing partner of CPM Group, a commodities research and management, consulting and financial advisory firm in New York.
Commentary: Changes in financial markets trouble mining industry
Dec 08 2019 - Analysts at CPM have studied the precious metals and commodities markets — including investment trends in mining equities — since the 1970s.
South African mines grind to halt as floods worsen power crisis
Dec 10 2019 - JOHANNESBURG (Reuters) - Mines across South Africa are shutting down after flash flooding caused the largest power blackouts in more than a decade, threatening a key export sector in a further blow to the country’s already slowing economy.
Batteries: Korean battery makers extend their dominance in the western auto industry while securing battery raw materials
Dec 09 2019 - On 5 December, the CEO of General Motors (GM) announced a 30GWh joint venture with South Korea’s battery maker LG Chem to build battery cells through a US$2.3Bn investment in Ohio, USA.
Goldman says gold price to hit $1,600 next year
Dec 10 2019 - Goldman Sachs Group Inc. said investors should diversify their long-term bond holdings with gold, citing “fear-driven demand” for the precious metal.
Indonesia nickel ore royalties double in regulations shake-up
Dec 10 2019 - JAKARTA (Reuters) - Major nickel ore exporter Indonesia will double royalties on sales of the ore to 10% while also adjusting the charges for other minerals, according to a copy of new government regulations seen by Reuters.
Madagascar to raise minerals taxes, take 20% stake in mining projects
Dec 10 2019 - ANTANANARIVO (Reuters) - Madagascar plans to increase its royalties on nickel, cobalt, precious metals, and gemstones to 4% from 2% at present, a draft mining law showed on Tuesday, the latest African country to push for greater government revenue from mining activities.
A Long and Winding Road: The Future of Platinum Group Metals
Dec 10 2019 - As a metals merchant and financier long dedicated to helping mining companies...
Major Companies Maintain M&A Focus On Exploration Sector
Dec 03 2019 - Major mining companies have resumed investing in exploration-stage assets in the past two years, after a brief downturn in the last half of 2017.
Why Blockchain Is The Future of Commodity Pricing
Dec 03 2019 - Commodity pricing hasn’t changed in three decades. Even for the most liquid, high-value and intensively traded commodities – oil, natural gas and gold – price setting is opaque.
Can expanding hydrogen mobility fuel platinum's future?
Dec 09 2019 - The rise of fuel cell electric vehicles (FCEVs) is anticipated to boost platinum demand.
Commentary: The gold party has only just begun
Dec 06 2019 - The year 2019 has been good for gold. In many currencies gold recorded all-time highs (i.e. euro, Canadian dollar and Australian dollar), with the exception of the U.S. dollar.
Flurry of mining deals has industry watchers wondering if Pretium is next
Dec 08 2019 - With deal-making in the gold sector heating up once again, attention is turning to which company might be swept up next. Some industry players wonder about Pretium Resources Inc.
Capital Expenditure In The Mining Industry To Drop By US$5.4B In 2020
Dec 04 2019 - Total capital expenditure in the mining industry across 15 different commodities will fall by US$5.4 billion in 2020, primarily driven by a drop in development capex for copper and gold projects.
Nickel, cobalt price: Electric car sales are tanking, but metal use spikes
Dec 05 2019 - The global auto industry will produce 88.8 million cars and light trucks this year, an almost 6% drop from a year ago, according to researcher IHS Markit, quoted by Bloomberg News.
Tesla’s China-built Model 3s secure new-energy vehicle subsidies
Dec 06 2019 - Tesla Inc said on Friday its Chinese-built Model 3 cars would receive state subsidies, a move that will help the U.S. electric vehicle maker’s push into the world’s biggest auto market.
Nornickel and Trafigura test metal trading using tokens
Dec 05 2019 - MMC Norilsk Nickel PJSC, the biggest palladium and refined nickel producer, has started testing a platform for digital metal tokens that may eventually account for a fifth of its sales.
Global Auto Sales Will Slide Again In 2020, But China Rally Begins
Dec 05 2019 - World sales of cars and SUVs will fall again in 2020, but that should mark the end of the decline since 2017. German sales next year will dive 4% and U.S. 3% but China’s mild 1.5% fall to 20.4 million marks the end of its 4-year slide.
Western, Chinese consumers divided on electric, self-driving cars -survey
Dec 05 2019 - (Reuters) - Automakers, ride-hailing and technology companies plowing money into the development of electric, self-driving and shared car services will find more enthusiastic consumers in China than in Europe and the United States, a survey on Thursday showed.
Gold miners flash the cash in biggest deal binge in a decade
Dec 04 2019 - Gold miners look set to extend a deal spree after notching transactions worth a record $30.5 billion this year, according to data, the biggest M&A binge since bullion prices peaked nearly a decade ago.
GM, LG Chem to announce EV battery joint venture in Ohio
Dec 04 2019 - SEOUL/WASHINGTON (Reuters) - South Korea’s LG Chem (051910.KS) said on Thursday it would invest $916 million in its U.S. subsidiary by 2023 to set up an electric vehicle battery joint venture with General Motors (GM.N).
Australian banks criticised by securities regulator for influence in mining IPOs
=Dec 05 2019 - AUSTRALIAN banks have come in for criticism from the country’s securities regulator for the way in which they manage initial public offerings (IPOs), especially in the small mining sector, said Bloomberg News.
Hyundai Motor eyes thrust on electric vehicles in $52 billion investment plan
Dec 03 2019 - SEOUL (Reuters) - Hyundai Motor plans to invest about 61.1 trillion won ($51.81 billion) between 2020 and 2025, the company said on Wednesday, with a third of the expenditure focused on electric and autonomous vehicles, but analysts want to see it deliver.
Rio Tinto halts operations at South African unit as violence rises
Dec 04 2019 - (Reuters) - Anglo-Australian miner Rio Tinto Ltd on Wednesday said it would curtail operations at its South-African unit Richards Bay Minerals (RBM) due to an escalation in violence in surrounding communities.
Tipping point for electric cars still four years away – report
Dec 04 2019 - A report released at an industry gathering in Shanghai on Tuesday shows significant cost reductions for batteries used in electric vehicles, but cost parity with internal combustion engines are still years away.
Mining Exploration Insights: Financing Falls To 8-Month Low In October
Dec 03 2019 - Drilling activity, initial resources and positive project milestones all improved in October — the number of significant financings was unchanged — as S&P Global Market Intelligence's Pipeline Activity Index, or PAI, jumped to 96 from 84 in September.
Why platinum group Metals are still hot property
Dec 03 2019 - Chris Griffith, CEO of Anglo American Platinum, talks about the company’s long term vision for its various markets.
Aussie gold production falls as gold prices hit record highs - Surbiton Associates
Dec 02 2019 - (Kitco News) - Record high gold prices against the Australian dollar have been a blessing and a bit of a curse for the nation’s mining sector as production in the third quarter fell to its lowest point in more than a year, according to one research firm.
Low supply growth from recycled platinum will not offset lower mine supply in 2020
Dec 03 2019 - Recycling contributes a quarter of total annual platinum supply (c.2 moz of c.8 moz). The nature of this secondary supply of platinum makes its rate of growth steady and largely unresponsive to price.
Copper primed for a pop if U.S./China trade war is resolved
Dec 03 2019 - Low inventories across the copper supply chain mean that any resolution to the U.S.-China trade war could trigger a snap rally in prices as consumers rush to restock, market participants said on Tuesday.
Trump says China trade deal might have to wait for 2020 election
Dec 03 2019 - LONDON (Reuters) - President Donald Trump said a trade agreement with China might have to wait until after the U.S. presidential election in November 2020, denting hopes of a resolution soon to a dispute that has weighed on the world economy.
PODCAST: First quarter bodes well for juniors
Dec 01 2019 - With all the recent financings, the start of 2020 is looking for good for the juniors, said Eric Coffin in a interview with Kitco News earlier this month at the Metals Investor Forum.
Gold treads water amid U.S.-China trade doubts; palladium hits record high
Nov 28 2019 - (Reuters) - Gold traded in a narrow $5 range on Thursday as investors gauged the impact of U.S. backing of Hong Kong protesters on its trade negotiations with China, while palladium scaled a record peak.
PLATINUM GROWTH IN THE CHEMICAL SECTOR
Nov 27 2019 - Double-digit growth in platinum use by the chemical sector expected for 2019
Anglo CEO urges SA to upgrade rail, ports to boost mining
Nov 27 2019 - Mining was ‘once the bedrock of SA’s economy, and now it’s flywheel’ – Mark Cutifani.
Palladium price forecast for 2020 and beyond: will this precious commodity shine in your portfolio?
Nov 26 2019 - Often, when people think about the precious metals market, the first commodities that come to their mind are gold and silver.
Eric Sprott: Save Canadian Mining, Stop Predatory Short Sellers
Nov 20 2019 - Canadian billionaire Eric Sprott is backing Save Canadian Mining, a new advocacy group whose primary aim is to reinstate a securities trading rule known as the "uptick rule" or "tick test."
As lithium prices drop, private equity investors hunt for deals
Nov 22 2019 - (Reuters) - Private equity groups and other investors have grown emboldened by the lithium industry’s malaise, forging plans to invest billions of dollars in mining projects to develop the electric vehicle battery metal.
Platinum catch-22 prevents miners tapping the hottest metals
Nov 22 2019 - South African miners face a conundrum: increasing palladium and rhodium output to take advantage of soaring prices risks depressing the already fragile market for sister metal platinum.
China's electric vehicle market to see sales rebound next year, executives say
Nov 25 2019 - GUANGZHOU, China/Shanghai (Reuters) - China’s new energy vehicle (NEV) market is likely to see a sales rebound next year as automakers roll out more new products to lure buyers, but more supportive government policies are needed, auto executives said.
Who will make the best electric pickup? We’ll find out in 2021 as Tesla, Ford and a bevy of contenders face off
Nov 22 2019 - Newcomers including Tesla, Rivian and Bollinger Motors are jumping into this potentially lucrative market, as are established brands such as Ford, Nissan and General Motors.
Palladium and rhodium prices hoist South African miners into profit
Nov 25 2019 - A high rand basket price is increasing profit margins.
Investors push platinum into deficit, but surplus will return: WPIC
Nov 21 2019 - LONDON (Reuters) - A surge in investment buying will push the global platinum market into a small deficit this year – the first since 2016 – but a hefty surplus will return in 2020, the World Platinum Investment Council (WPIC) said on Thursday.
Tesla set to unveil electric pickup truck as it takes on Detroit
Nov 21 2019 - Tesla Inc chief executive Elon Musk has talked for years about building an electric pickup truck that would threaten the heart of the Detroit automakers’ profits, and on Thursday he will finally take the wraps off the so-called cyberpunk truck.
CN rail strike impacting Canadian mining operations
Nov 19 2019 - The Mining Association of Canada (MAC) expressed concern Tuesday regarding the effects that the work stoppage resulting from disagreements between Canadian National Railway (CN) and the Teamsters Canada Rail Conference will have on the mining sector, and the broader Canadian economy.
‘Rising tide’ to float all battery-metal boats
Nov 21 2019 - Rising electric vehicle (EV) adoption is driving a massive transformation in lithium-ion battery production.
Ford bets on an electric Mustang to charge its turnaround
Nov 17 2019 - LOS ANGELES (Reuters) - The Mustang Mach E electric sport utility vehicle Ford Motor Co (F.N) unveiled in Los Angeles on Sunday is more than another car for the storied automaker.
Batteries: Tesla to have Gigafactories in Berlin and Shanghai as threats to European and Chinese auto industries materialise
Nov 18 2019 - Tesla’s CEO Elon Musk confirmed the construction of its Gigafactory 4 factory in the “Berlin area” last week.
VW CEO says new ID.3 car 40% cheaper to build than electric Golf
Nov 18 2019 - LOS ANGELES (Reuters) -FRANKFURT (Reuters) - Volkswagen’s (VOWG_p.DE) new ID.3 electric vehicle will be 40% cheaper to build than the electric version of its Golf model, Chief Executive Herbert Diess told investors on Monday.
Ford to use Mustang name for electric SUV
Nov 14 2019 - Ford Motor Co will use the Mustang name, previously reserved for a muscle car, for an electric sport utility vehicle (SUV) that customers in the United States, Canada and Europe can start ordering on Nov. 17, the company said on Thursday.
High-nickel cathode developments Caspar Rawles, Senior Analyst, Benchmark Mineral Intelligence
Nov 13 2019 - LOS ANGELES (Reuters) - Caspar Rawles, Senior Analyst, Benchmark Mineral Intelligence discusses high-nickel cathode developments in the industry.
Lithium producers hit by first big downturn of electric vehicle era
Nov 13 2019 - LOS ANGELES (Reuters) - The burgeoning lithium industry, which produces the powerhouse metal used to make electric vehicle (EV) batteries, has entered its first major downturn, an unwelcome bruising for investors eager to help combat climate change.
No end to palladium’s good fortune
Oct 31 2019 - Palladium prices touched new record highs this week with analysts remaining very upbeat when it comes to the best-performing precious metal of 2019.
Nobel laureate says better batteries can cement electric car era
Oct 30 2019 - The Nobel Prize-winning scientist whose research proved critical in developing lithium-ion batteries said the ubiquitous technology energizing iPhones and Teslas is poised to become more powerful and cheaper — keys for unlocking the mainstream adoption of electric vehicles and home-energy storage units.
Wheels of fortune? A new age for electric motors
Oct 25 2019 - When it comes to making electric cars better, it's the batteries that you'll hear about the most.
Rhodium in “fourth major price surge” in history as above ground stocks diminish
Oct 29 2019 - THIS report is unique and different from other market reports on rhodium in so far as it estimates the quantum of above-ground rhodium stocks.
Palladium tops $1,800 for first time as shortage persists
Oct 28 2019 - Palladium surged to a record, topping $1,800 as stricter air-quality rules boost demand for the metal used in vehicle pollution-control devices.
Stung by sliding prices, lithium industry pares back expansions
Oct 28 2019 - Albemarle Corp, SQM and other lithium producers have been scaling back expansion plans as near-term oversupply concerns drag on prices, unnerving investors who are pushing the industry to focus more on profitability.
Lithium: Initial Q3 producer results point to continued mixed market environment
Oct 28 2019 - Albemarle’s preliminary Q3 results show lithium revenue up 22% y-on-y to US$330M with adjusted EBITDA up 12% to US$128M.
Water restrictions hit PGM belt
Oct 28 2019 - JOHANNESBURG - South Africa's platinum producers have been asked to reduce water usage, following restrictions that were implemented by the Rustenburg Municipality in the North West this month.
Metals sector in costly battle to turn green
Oct 25 2019 - Metals producers, from miners to smelters, are grappling with increasingly tough and costly environmental demands imposed by banks seeking cleaner investments.
Rhodium punches above its weight with strong prices
Oct 4 2019 -Rhodium is an irreplaceable material for complying with carbon emission standards in gasoline-powered vehicles, which consume almost all of its annual production.
Global renewable power capacity to rise by 50% in five years: IEA
Oct 21 2019 - LONDON,(Reuters) - Global renewable energy capacity is set to rise by 50% in five years’ time, driven by solar photovoltaic (PV) installations on homes, buildings and industry, according to the International Energy Agency (IEA).
Momentum Builds for Hydrogen Fuel in Japan, Australia
Oct 18 2019 -Lowered costs and the availability of renewable energy to produce hydrogen are raising interest in the fuel source.
Ford partners with Volkswagen, Amazon to build charging network for cars
Oct 17 2019 - Ford Motor Co said on Thursday it was teaming up with Volkswagen AG and Amazon.com to give its future electric car customers a range of charging options from highways to homes. When news hit that 18 explosive-rigged drones had knocked out two major oil facilities in Saudi Arabia, instantly cutting global oil supply by more than 5 per cent, you can bet electric-car drivers worldwide collectively shrugged.
LG Chem sees electric vehicles accounting for 15% of all car sales in 2024
Oct 17 2019 - SEOUL (Reuters) - South Korea’s LG Chem, one of the leading electric vehicle (EV) battery makers, expects global sales of EVs to grow more than five-fold from 2018 levels to account for about 15% of global vehicle sales in 2024, it said on Thursday.
No evidence of substitution away from palladium. Indeed evidence of no substitution
Oct 03 2019 - The palladium price has hit a new record high in recent days over $1,700/oz, and the FT has declared there’s more to come unless we see a global recession or substitution of much cheaper platinum.
Toyota unveils revamped hydrogen sedan to take on Tesla
Oct 10 2019 - TOKYO (Reuters) - Toyota Motor Corp (7203.T) unveiled a completely redesigned hydrogen-powered fuel cell sedan on Friday in its latest attempt to revive demand for the niche technology that it hopes will become mainstream.
First-ever fuel-cell haul truck to be built
Oct 11 2019 - Anglo American is eating its own dog food. The platinum group metal miner announced today that it tapped ENGIE, a low-carbon energy service provider, to help it develop the first ever hydrogen-powered mining haul truck.
Battery pioneers who made mobile revolution possible win Nobel chemistry prize
Oct 9 2019 - STOCKHOLM/LONDON (Reuters) - Three scientists won the 2019 Nobel Prize for Chemistry on Wednesday for developing and refining rechargeable lithium-ion batteries which made the global information technology, mobile and fossil-fuel free revolutions possible.
Mining companies to 'significantly outperform' market, report finds
Oct 8 2019 -"Valuation for the mining industry is a strong predictor of future return. For any long term investor, the implications are clear; mining will deliver significant outperformance relative to the broader market," said Bernstein analyst and report author Paul Gait.
Implats to buy North American Palladium for $1B
Oct 7 2019 - Eyeing its first major operations investment outside of Africa, platinum group metals producer Impala Platinum Holdings (JSE: IMP) has struck a friendly deal to buy Canadian pure-play palladium producer North American Palladium (TSX: PDL; US-OTC: PALDF) in an all-cash transaction valued at about $1 billion.
Lithium: Current prices provide limited incentive for new supply
Oct 8 2019 - Lithium spot prices in China are currently in the doldrums as near-term demand growth has fallen short of expectation.
Commentary: Silver and PGMs give investors hope
Oct 3 2019 - Gold grabs most of the mining headlines, especially since its recent comeback, but other precious metals such as silver and palladium are also performing well in today’s market, giving miners new hope after a prolonged commodities slump.
LITHIUM: Researchers in Canada develop million-mile lithium-ion battery
Oct 3 2019 - NEW BRUNSWICK – A group of scientists led by Jeff Dahn, a professor at Canada’s Dalhousie University and a research partner with Tesla, published a paper in the Journal of The Electrochemical Society where they present the concept of a new battery able to power an electric vehicle for over one million miles.
Lithium at two-year low hobbles US bid to loosen China’s grip on market
Oct 01 2019 - The lowest lithium prices in over two years are hampering a handful of miners that want to challenge China’s dominance in the market.
Electric vehicles are in the driver’s seat now and the oil industry is running out of fuel
Sept 30 2019 - When news hit that 18 explosive-rigged drones had knocked out two major oil facilities in Saudi Arabia, instantly cutting global oil supply by more than 5 per cent, you can bet electric-car drivers worldwide collectively shrugged.
PRECIOUS-Palladium breaks through $1,700 on supply concerns; dollar pressures gold
Sept 30 2019 - (Reuters) - Palladium hit a record peak on Monday, passing $1,700 an ounce, as tight supply of the autocatalyst metal stoked fears the deficit could only widen amid rising industrial demand, while a stronger dollar hurt gold prices.
Canada, U.S. drafting plans to curb China’s dominance in critical rare-earth minerals
Sept 30 2019 - Canada and the United States are drawing up plans to reduce their reliance on China for rare-earth minerals that are critical to high-tech and military products, such as smartphones and fighter jets.
Socially responsible investing catching on among sovereign funds: study
Sept 30 2019 - LONDON (Reuters) - Almost two thirds of sovereign investors are making social and environmentally friendly investing part of their approach, up from less than half two years ago, according to a study by Invesco released on Monday.
Physical shortages pinch palladium prices
Sept 30 2019 - Palladium lease rates jumped on Friday 20 September, when the price rose by $50/oz to $1,647/oz. This shows that the physical market has tightened again.
Cut emissions to avert catastrophic sea-level rise - U.N. climate report
Sept 25 2019 - NEW YORK (Reuters) - Scientists behind a landmark study of the links between oceans, glaciers, ice caps and the climate delivered a stark warning to the world on Wednesday: slash emissions or watch cities vanish under rising seas, rivers run dry and marine life collapse.
Palladium hits record highs, is $1,700 next?
Sept 23 2019 - (Kitco News) - After hitting new all-time highs, palladium might be ready for even more gains, with some analysts pointing to the $1,700 level as a reality.
Miners push for U.S. Congress to vote on electric vehicle supply chain bills
Sept 23 2019 - WASHINGTON, Sept 23 (Reuters) - Mining executives eager to speed U.S. production of lithium and other metals for the burgeoning electric vehicle industry are frustrated that the U.S. Congress has yet to pass legislation designed to streamline mine permitting and fund geological studies, among other steps.
Palladium price peaks at new record high, rhodium roaring
Sept 17 2019 - Palladium hit a fresh all-time high on Friday on persistent worries about supply from South Africa and prospects of a pickup in demand in China.
U.S. 'falling behind' in global race to develop electric vehicle supply chain
Sept 17 2019 - WASHINGTON (Reuters) - The United States is losing the race to extract and refine minerals used to make electric vehicles and should do more to spur domestic production, a bipartisan group of senators said on Tuesday.
Australian lithium recovery seen by mid-2020 as EV production revs up
Sept 17 2019 - Strong demand from the electric-vehicle sector alongside supply cuts should help Australian lithium miners recover towards the middle of next year, earlier than expected, industry executives said on Wednesday.
HERAEUS PRECIOUS APPRAISAL -The platinum price is up, but the fundamentals point down
Sept 16 2019 - By the start of September, the platinum price had rallied $100/oz (16%) in two weeks. There are a number of possible explanations for this rally.
Lithium Giant Seeing Demand Explosion Makes $1.3 Billion Bet
Sept 10 2019 - The world’s second-largest producer of lithium plans to invest $1.33 billion to boost output, undeterred by the short-term demand weakness and oversupplied market that have sent prices of the raw material tumbling to a two-year low.
PRECIOUS-Palladium sets all-time high on supply angst; gold pares gains
Sept 12 2019 - Sept 12 (Reuters) - Palladium prices hit an all-time high on Thursday on concerns over tight supplies of the autocatalyst metal due to possible labour issues in South African mines, while gold shed earlier gains on fresh hints of progress in the U.S.-China trade dispute.
Generalists can’t ignore junior miners for very long – CIBC
Sept 6 2019 - The bullish run in gold and silver means that generalist fund managers can’t ignore the small-cap mining sector any more, according to analysts at Canadian bank CIBC.
Investors waking up to platinum after metal trades at biggest discount to gold in 30 years
Sept 6 2019 - THERE would be a narrowing in the platinum deficit to 345,000 ounces following a significant pulse this year in demand for platinum in exchange traded funds (EFTs), according to the World Platinum Investment Council (WPIC).
Canada injects millions into EVs, energy-efficient mining technology projects
August 28 2019 - Canada’s Minister of Natural Resources is investing C$2 million (about $1.5m) in an initiative to develop an energy-efficient mining technology expected to reduce energy consumption at mine sites, cut costs and make remote operations more productive.
LAWRIE WILLIAMS: Platinum coming late to the precious metals party
September 01 2019 - Among the main grouping of precious metals, platinum had been by far the poorest performer with its supply/demand fundamentals looking somewhat inferior to its platinum group metal (pgm) sister metal, palladium which has consequently surged past it in price.
Junior financing evaporates as cobalt, lithium prices slump
August 28 2019 - In the second quarter this year, cobalt and lithium prices dropped to the lowest point in more than two years, driven by short-term oversupply which is taking longer than anticipated to correct.
Rhodium prices going higher, analysts eyeing $10,000
August 28 2019 - Investors can’t keep their eyes off gold and silver but there is another precious metal that continues to outperform even these rising stars.
This is why lithium batteries fail
August 25 2019 - Lithium metal batteries fail when bits of lithium metal deposits break off from the surface of the anode during discharging and are trapped as “dead” or inactive lithium that the battery can no longer access.
Visualizing the Commodity Super Cycle
August 22 2019 - As more people and wealth translate into the demand for global goods, the prices of commodities—such as energy, agriculture, livestock, and metals—have often followed in sync.
Palladium deficit to widen, Nornickel says as net profit jumps 81%
August 20 2019 - MOSCOW (Reuters) - The global palladium market will remain in structural deficit this year, Russia’s Norilsk Nickel (Nornickel) (GMKN.MM) said on Tuesday as it reported an 81% leap in first-half net profit.
CHEAPER, TOUGHER CATALYTIC CONVERTERS MAY BE IN SIGHT
August 19 2019 - A new way to reduce the cost and extend the lifespan of the metals in catalytic converters could solve a problem that has vexed automotive engineers for years.
The platinum-group metals in your car come from ancient meteorites that bombarded young Earth
August 18 2019 - You've probably heard of a catalytic converter — it's that thing in your car's exhaust pipe that transforms nasty, unburnt hydrocarbons into less toxic emissions.
Platinum giant wants in on batteries to ease electric car threat
August 13 2019 - The world’s top platinum and palladium supplier has an answer to the electric-car boom that may pose a long-term threat to its biggest market: invent a new battery.
Palladium primed for record highs as oversupply batters platinum: Reuters poll
August 1 2019 - LONDON (Reuters) - Palladium is expected to widen its lead over sister metal platinum to a whopping $619 an ounce on average this year and $595 an ounce in 2020, a Reuters poll showed on Thursday.
US leaders address critical minerals
July 26 2019 - Trump order calls for an American critical mineral strategy.
CATALYST TURNS CO2 INTO GREEN FUEL INGREDIENT
July 30 2019 - A new technology efficiently converts CO2 and hydrogen directly into methanol, researchers report.
Stationary Emission Control Catalyst Market - Growth, Trends, and Forecast (2019 - 2024)
July 30 2019 - The market for stationary emisssion control catalyst is expected to grow at a CAGR of 9.18%.
Chinese Lithium Buyers Finally Arrive in North America
July 29 2019 - A new era of Chinese lithium interests in Canada has begun, with the conclusion of a $135 million investment, by Shanghai-based Sinomine Resource Group of Cabot Corporation (NYSE:CBT) of its Specialty Fluids business, including the TANCO Lithium Mine in Manitoba.
Canadian miners want to address declining competitiveness
July 28 2019 - The Canadian Mineral Industry Federation, the Mining Association of Canada, and the Prospectors & Developers Association of Canada issued a brief this month urging provincial, federal and territorial mine ministers to take action to ensure Canada remains a globally competitive jurisdiction and can continue to attract mineral investment.
Where BHP goes on climate change, will others follow?: Russell
July 29 2019 - LAUNCESTON, Australia (Reuters) - BHP Group may just have set the template for how resource companies are going to deal with the challenge of climate change, even if some of its competitors would prefer a course of more talk and less action.
BHP earmarks $400 million to reduce emissions from its mines, products
July 23 2019 - BHP (ASX, NYSE:BHP) has committed to invest $400 million over five years to reduce greenhouse gas emissions from its operations and mined commodities, as the world’s number one mining company looks to take an industry lead on tackling climate change.
Battery materials cobalt, nickel face supply crunch by mid 2020s — WoodMac
July 23 2019 - Consultants Wood Mackenzie estimate electric vehicle (EV) sales including hybrid electric vehicles (HEV) were up more than 24% last year.
Largest Fuel-Cell Truck To Be Built By Amplats
July 22 2019 - Fresh off their knockout first half, Anglo American Platinum (Amplats) announced on Monday that it plans to build the world's largest fuel-cell truck and have it operating by next year.
July 16 2019 - A lot of resource investors stop listening to corporate presentations when they learn the company’s project is in Africa.
Australia’s tax cuts further erode Canadian competitiveness
July 17 2019 - The Australian government recently passed tax cuts worth roughly $145-billion. The Aussies say the cuts are necessary to stay competitive with other countries and boost their economy.
Desperate to cut emissions, auto makers drive rhodium to 11-year high
July 19 2019 - LONDON (Reuters) - The price of rhodium, a precious metal used to curb harmful emissions from vehicle engines, has rocketed to its highest since 2008 as tightening environmental regulation compels auto makers to buy more just as supply looks set to stagnate.
Platinum-linked fuel cell business accelerating at rapid rate, say experts
July 18 2019 - CAPE TOWN (miningweekly.com) – South Africa is continuing to gather top-tier insight into fuel cell technology as it navigates the electric vehicle market’s growing links to this country’s globally unparalleled platinum group metals (PGMs) industry.
Don't Ignore Platinum Even As Palladium Remains Hot - CPM Group
July 16 2019 - (Kitco News) - Palladium is expected to remain the hot investment this year, but investors should keep an eye on platinum’s long-term potential according to one research firm.
How lithium-rich Chile botched a plan to attract battery makers
July 17 2019 - SANTIAGO (Reuters) - In March 2018, the Chilean government unveiled big news: Corporate investors, including South Korean electronics giant Samsung, would build three factories in Chile to produce battery parts for electric vehicles.
It’s not easy going green
July 7 2019 - As Kermit the Frog used to say, “It’s not easy being green.”. Or to paraphrase the affable muppet slightly, it’s not easy going green.
Metals feel love, explorers not so much
June 27 2019 - As base metals enjoy healthy price gains and gold rockets above $1,400, explorers continue to face stiff headwinds.
VW to deepen alliances with battery suppliers for electric push
July 8 2019 - Volkswagen (VOWG_p.DE) will create joint ventures and help finance battery production to persuade skeptical cell suppliers to back its aggressive push for mass producing electric vehicles, board member Stefan Sommer told Reuters.
Commentary: Innovation is needed in processing of battery raw materials
July 5 2019 - With the increasing adoption of electric vehicles (EVs) and energy storage technologies, there is little doubt demand will grow for battery raw materials that must be sourced from the mining industry.
Behind the plunge in China auto sales: chaotic implementation of new emission rules
July 1 2019 - SHANGHAI/BEIJING (Reuters) - Shanghai-based Buick dealer Ron Li in late April found himself in an unfamiliar quandary: how to sell off almost 80 sedans and sport-utility vehicles crowding up his dealership lot.
HERAEUS PRECIOUS APPRAISAL: MARKET SPOTLIGHT
July 1 2019 - Wage rises vs. job security: A low platinum price costs jobs.
Electric cars grab almost half of sales in oil-producing Norway
July 1 2019 - OSLO (Reuters) - Almost half of new cars sold in Norway in the first six months of 2019 were powered by fully electric engines, up from just over a quarter in the same period last year, ensuring the Nordic nation retains its top global ranking in electric vehicle sales.
Palladium takes (some) shine off gold price rally
25 June 2019 - The price of gold may be setting fresh multi-year highs almost daily, but its performance so far this year is still in the low double digits in percentage terms.
IN IT FOR THE LONG HAUL
19 June 2019 - Platinum-based fuel cells are making zero emissions a reality for commercial fleets looking for long-term, sustainable solutions.
The capital projects comeback
19 June 2019 - During the mining industry’s heydays – the mid-2000s – capital projects were global mining investment hotspots, and the pace of projects in exploration and construction in the pipeline was staggering.
Automakers still want to lower emissions standards in the US
07 June 2019 - Forget the framing — they want dirtier cars, too
SA mining is facing catastrophe unless it can manage the effects of its shrinkage
05 June 2019 - ACCORDING to the Minerals Council South Africa, full-time employment in the mining sector has shrunk by 56,366 employees over the past five years, from 509 909 in 2013 to 453,543 in 2018. In 1994, the sector employed 600,000.
Revealing Alaska's critical minerals
01 June 2019 - Geologists familiar with Alaska already know the Far North State is a great place to explore for critical minerals and metals such as graphite, rare earths, platinum metals, cobalt and tin.
Johnson Matthey's profit jumps on emission control device growth
30 May 2019 - (Reuters) - Chemicals group Johnson Matthey (LON:JMAT) on Thursday reported a 48% jump in full-year earnings, bolstered by strength in its unit that makes catalytic converters and other pollution filters for both car and trucks.
PLATINUM: AT THE HEART OF PACEMAKERS
29 May 2019 - Platinum is an essential component in the 700,000 pacemakers fitted worldwide each year.
HERAEUS PRECIOUS APPRAISAL
27 May 2019 - Palladium demand in China is not just about vehicle sales numbers.
EV to make up 10-20% of world's vehicles by 2030 — IEA
27 May 2019 - A recent spike in electric vehicle sales in B.C. is part of a global trend that saw 5.1 million EVs sold last year, according to the International Energy Agency (IEA).
World’s No. 2 lithium miner SQM sees demand growing by 17% this year
23 May 2019 - Chile’s Chemical and Mining Society (SQM), the world’s second largest producer of lithium, expects demand for the key component in the batteries that power electric vehicles and cell phones to grow at “double-digit rates” this year.
We’re on the cusp of an EV boom, analysts agree
23 May 2019 - We might look back on 2019 as the beginning of the rise of the electric vehicle era.
What keeps car buyers from switching to electric vehicles?
22 May 2019 - More manufacturers are building electric vehicles, but people still aren’t buying them in record numbers.
The view from London Platinum Week
20 May 2019 - Last week was London Platinum Week and the attendees were generally upbeat and more optimistic than last year, and the events were well attended.
US Senate moves forward on plan to develop electric vehicle supply chain
15 May 2019 - U.S. lawmakers on Tuesday moved closer to developing a national electric vehicle supply chain policy, with senators voicing bipartisan support for legislation designed to parry China's dominance in metals production and battery manufacturing.
PGM Market Report May 2019 - Johnson Matthey
May 2019 - Johnson Matthey PLC endeavours to ensure the accuracy of the information and materials contained within this report, but makes no warranty as to accuracy, completeness or suitability for any particular purpose.
U.S. faces hurdles in push to build electric vehicle supply chain
14 May 2019 - (Reuters) - The United States faces stiff challenges as it moves to create its own electric vehicle supply chain, industry analysts say, with the extent of the country’s metal reserves largely unknown and only a few facilities to process minerals and produce batteries.
Metals Commentary: Palladium to outshine platinum in 2019, says Metals Focus
13 May 2019 - Palladium is forecast to once again outperform platinum in 2019.
PLATINUM WEEK-Platinum surplus for 2019 slashed after jump in investment
13 May 2019 - LONDON, May 13 (Reuters) - A surge in investment demand has slashed expectations of a large surplus this year in the global platinum market, the World Platinum Investment Council (WPIC) said on Monday.
Palladium under pressure
8 May 2019 - Summary: Palladium is under renewed pressure as weak auto sales and the US-China trade dispute remove focus from tight supply. Key support at $1,316/oz stands in the way of potential further weakness towards $1,225.
Exclusive: Bosch goes for platinum-light fuel cells
13 May 2019 - LONDON (Reuters) - Global automotive supplier Bosch expects platinum to play only a minor role in its new fuel cells, giving precious metal markets scant benefit even as the technology gains momentum for pollution-free transport.
The search for new geologic sources of lithium could power a clean future
7 May 2019 - There’s a lot to learn about where and how to mine the lightest metal on the periodic table.
Tribal buying: Luxury jewellery purchasing among affluent Chinese millennials
5 May 2019 - Expectations of luxury jewellery consumers are at their highest; they are seeking quality products with substance.
Lithium-ion a pawn in economic domination
2 May 2019 - Global manipulation and domination of necessary elements and components like cobalt – a major element for lithium-ion battery storage – may also contribute to global economic and political domination as well.
Exclusive: Tesla expects global shortage of electric vehicle battery minerals - sources
2 May 2019 - WASHINGTON (Reuters) - Tesla Inc expects global shortages of nickel, copper and other electric-vehicle battery minerals in the near future due to underinvestment in the mining sector, the company’s head of minerals procurement told an industry conference on Thursday, according to two sources.
Episode 136: Palladium's stellar rise ft NAP CEO Jim Gallagher
25 April 2019 - Jim Gallagher, president and CEO of Toronto-based North American Palladium joins the podcast to give us details on the supply and demand fundamentals of the palladium market, and why it's unlikely the key autocatalyst market will revert to platinum as a substitute for palladium any time soon.
Platinum Outperforms Gold And Silver- A Reversal Of Fortune
19 April 2019 - While palladium has been one of, if not the best, performing commodity since early 2016, platinum has been one of the worst.
Lithium use in electric cars sold around the world surges 76%
19 April 2019 - Battery metals tracker Adamas Intelligence says that in February 2019, 76% more lithium carbonate equivalent (LCE) was deployed worldwide in batteries of new electric, plug-in hybrid and hybrid electric passenger vehicles compared to the same month last year.
EVs get a boost from Big Auto
17 April 2019 - Is the age of the gas-powered automobile coming to an end?
Palladium Supply/Demand Fundamentals Remain 'Robust': Metals Focus
17 April 2019 - Metals Focus remains upbeat on palladium's prospects despite the recent sharp sell-off from record highs, with the consultancy saying the rally was fueled by genuine tight supply/demand fundamentals and not just speculative frothiness.
Palladium, Darling Of The PGEs, Is Shifting Into High Gear
15 April 2019 - The market for palladium has become especially interesting of late, with the price of the silvery-white metal gaining 18% in 2018, an otherwise down year for metals.
FUEL CELL ELECTRIC VEHICLES IN CHINA
10 April 2019 - China is committed to developing the platinum-based fuel cell electric vehicle (FCEV) market, targeting one million FCEVs on its roads by 2030
Nothing But Sunny Skies For Platinum Group Metals
10 April 2019 - Platinum group metal businesses were told they have nothing to fear from the rise of all-electric vehicles at the Auto Catalyst and Fuel Cell Seminar last week.
Don't bet on platinum miners boosting supply on price surge
05 April 2019 - The recent jump in platinum-group metals prices is boosting miners’ profits, but that doesn’t mean they are likely to increase supply anytime soon, according to the world’s No. 1 producer.
Exclusive: United States sets sights on China in new electric vehicle push
05 April 2019 - U.S. government officials plan to meet with executives from automakers and lithium miners in early May as part of a first-of-its-kind effort to launch a national electric vehicle supply chain strategy, according to three sources familiar with the matter.
Concerning mineral exploration trend 2019
29 March 2019 - Minimal mining profits earmarked for exploration, dearth of grassroots exploration is thinning pipeline of mineral projects
Rhodium Demand Will Remain Strong - Johnson Matthey
04 April 2019 - Investors should not expect to see any drop in rhodium demand any time soon with increased emission regulation and no real substitute technology, according to Stewart Brown, principal analyst at Johnson Matthey.
RPT-COLUMN-Struggling small miners may lead to bigger industry woes: Russell
28 March 2019 - Small miners are finding it increasingly difficult to raise capital to fund new ventures despite the positive demand outlook for several commodities and a world still largely awash with cheap credit.
Palladium crashes from record high, but there's still not enough metal
29 March 2019 - A spectacular rally that last week took palladium to record highs has hit the buffers, with the metal plummeting almost 15 percent in three days this week.
Analysts: Palladium Prices Tumble From ‘Bubble’ Territory
28 March 2019 - Analysts say that palladium prices may have been in “bubble” territory after the sharp rise since late summer, and some see potential for further weakness even after the metal shed 11% during the last two days.
Global energy transition powers surge in demand for metals
29 January 2019 -By 2030, the amount of installed wind power globally will more than double, according to the International Energy Agency (IEA). Installed solar power will quadruple.
BIG IN JAPAN
27 March 2019 - Japan is an important market for precious metals investment, so it is especially fitting that its commitment to delivering the greenest games ever when it hosts the Summer Olympics in Tokyo next year is based around the deployment of platinum-based hydrogen fuel-cell electric vehicles (FCEVs) to transport athletes and attendees.
Palladium retreats nearly $100 after recent record highs — largest one-day drop in 19 years
27 March 2019 - Palladium retreats nearly $100 after recent record highs — largest one-day drop in 19 years
Lithium Miners News For The Month Of March 2019
27 March 2019 - Welcome to the March 2019 edition of the lithium miner news. This past month saw many transactions complete and generally good news for the lithium producers.
Editorial: Palladium has its day in the sun
27 March 2019 - Already-strong palladium prices soared to new heights in March, with spot palladium prices topping US$1,600 for the first time on March 20, and hitting an all-time record high of US$1,604 per oz.
Russia's Richest Man Plans Crypto Tokens Backed by Palladium
26 March 2019 - MMC Norilsk Nickel PJSC and its billionaire chief Vladimir Potanin are planning several digital platforms, including using crypto tokens for trading palladium.
Rhodium Now Up 30% in 2019 and Cracks $3000/oz
25 March 2019 - When people think of valuable precious metals, gold immediately comes to mind, along with palladium and platinum. Rhodium is actually now worth more than any of them.
$2,000 Palladium Is Not Out Of The Question
22 March 2019 - Sitting on solid supply and demand fundamentals, palladium may have more room to grow even with the recent run-up in prices, this according to Phil Streible, senior market strategist at RJO Futures.
Investor flows suggest platinum on cusp of recovery
20 March 2019 - Rapid flows of investor money into physically backed platinum exchange-traded funds (ETFs) and a sharp drop in speculative bets on lower prices suggest the autocatalyst metal is on the verge of a recovery.
Gold, Silver, Platinum To Follow Palladium's Rally - Bloomberg Intelligence
14 March 2019 - The precious metals space will soon be reawakened by palladium’s rally, with gold, silver, and platinum prices heading higher, according to Bloomberg Intelligence (BI).
Palladium Tops $1,600 as Metal Sets New Highs on Supply Shortage
19 March 2019 - Palladium topped $1,600 an ounce for the first time, and there’s little sign of the rally slowing as global supply tightens.
Palladium To Hit $2,000 In 2019 - Bank of America
07 March 2019 - Renewed strength in the U.S. dollar, trading near a three-week high, is weighing on the entire precious metals market but that won’t be enough to stop the long-term uptrend in palladium, one bank says.
Palladium smashes $1,500 as shortages to aid Nornickel, Amplats
20 February 2019 - Palladium surged above $1,500 an ounce to a record, extending a powerful rally that’s been driven by an acute shortage of supply as car manufacturers scramble to get hold of the material to meet stringent emissions controls.
Albemarle bullish on lithium outlook after fourth-quarter profit
21 February 2019 - Albemarle Corp, the world’s largest lithium producer, posted a higher-than-expected quarterly profit on Wednesday and gave a bullish 2019 outlook, saying it sees nothing that could slow demand for the white metal used to make electric car batteries.
PRECIOUS-Palladium soars to record high on supply deficit; gold gains
17 February 2019 - Spot palladium rose to a peak of $1,458 per ounce, its highest on record, and was up 1.5 percent at $1,454 per ounce as of 1305 GMT.
Palladium supply shortfall will worsen this year – Johnson Matthey
11 February 2019 - A deficit in the palladium market that has driven prices of the autocatalyst metal to record highs will widen dramatically this year, specialist materials company Johnson Matthey said in a report on Wednesday.
Will Metals King Palladium Fire Off Platinum Rally Too?
11 February 2019 - Both are substances critical to the auto industry and in short supply compared to most commodities. But one is also the world’s most valuable metal.
Cost parity by 'early 2020s' will be electric vehicle tipping point
11 February 2019 - A new report by McKinsey forecasts a rapid switch from gas guzzlers to electric vehicles on the world's roads will be boosted by the plummeting costs of owning a battery powered vehicle.
Oversold Lithium Could Be About To Rally
29 January 2019 - It’s been a decade of lows for commodities after posting 7 declines in 11 years, but we’ve seriously underestimated lithium. It’s back with a vengeance in 2019.
Here's Why The Price Of Palladium Just Zoomed Past Gold
14 January 2019 - From its 52-week low set in August, palladium has climbed almost 70 percent. It’s added about 16 percent in the past 30 trading days alone....
Palladium demand — and prices — will be driven by hybrid vehicle growth
28 December 2018 - Palladium, this year's hottest metal, is used mainly to cut pollution from gasoline engines. Yet anyone betting the rise of electrified vehicles will curb demand anytime soon is likely to be disappointed...
Palladium Outlook 2019: Prices Will Continue to Shine
27 December 2018 - The price of palladium has climbed almost 18 percent over the course of the year, pulling ahead its sister metal platinum and rivaling gold. The precious metal received a demand boost this year...
Year’s best major metal gains steam as supply eclipses trade woe
27 December 2018 - The U.S.-China trade war that’s ravaged most commodities failed to dent 2018’s best-performing major metal. Many analysts don’t see much standing in the way of further gains in 2019.
Gold Gets Leapfrogged as Palladium Extends Rally to Record Again
5 December 2018 - Gold just got left behind by one of its sister metals. After a demand-fueled rally over the past four months that’s seen prices hit successive records, palladium topped gold.
Numbers looking solid for River Valley project
20 September 2018 - New Age Metals' River Valley project could be a historic mine site, according to its developers, so long as investor confidence and the markets remain strong enough to see it become a reality.
Tesla Doesn't Burn Fuel, it Burns Cash
30 April 2018 - The company that Elon Musk built to usher in the electric-car future might not have enough cash to make it through the calendar year. The anxieties that lurk beneath the tremendous ambition of Tesla Inc moved into the...
Palladium Price Jumps 6 Percent on Russia Sanctions
11 April 2018 - Investors’ worries increased when Rusal (HKEX:0486) owner Oleg Deripaska was included on the sanctions blacklist. Rusal, the biggest aluminum producer outside of China, owns a 28-percent stake in Norilsk Nickel...
New Age Metals signs LOI with Alaskan geological consulting firm
5 April 2018 - New Age Metals Inc. said Wednesday it has signed a binding letter of intent with Avalon Development Corp. Under the LOI, Avalon will provide acquisition and geological services to New Age Metals in the state of Alaska.
BMW says electric car mass production not viable until 2020
22 March 2018 - BMW (BMWG.DE) will not mass produce electric cars until 2020 because its current technology is not profitable enough to scale up for volume production, the chief executive said on Thursday...
Leading Development Project in the FIRST Green Metals
8 March 2018 - The platinum group metals (PGM’s) fly under the radar of investors in the world of mining. The evidence is all around us. Like gold and silver, these are precious metals: 28% of platinum demand...
SQM talks down lithium oversupply, says market to grow 80% a year
1 March 2018 - Chile’s Chemical and Mining Society (SQM), one of the world's largest lithium producer, said global demand for the white metal, a key ingredient in the making of batteries that power electric vehicles...
A Sleeping Giant: Precious Potential For Platinum
26 February 2018 - Platinum has been a precious metal that lost its luster over recent years. In March 2008, the price of the rare metal that primarily comes from South Africa and Russia rose to its all-time peak price...
Platinum market set for another surplus in 2018-Johnson Matthey
14 February 2018 - The platinum market is set for another surplus this year after recording oversupply of 110,000 ounces in 2017, Johnson Matthey said in a report on Wednesday, although its sister metal palladium...
New Age aims to capitalize on lithium, PGM interest
7 February 2018 - New Age Metals Inc. is moving to capitalize on investor interest in both lithium and platinum group metals by proceeding with exploration and development programs in Ontario and Manitoba....
New Age options Manitoba projects to Azincourt
26 January 2018 - New Age Metals is probably best known for its River Valley project near Sudbury in northwestern Ontario, now the largest undeveloped platinum group metals (PGM) project in Canada...
Palladium flows from west to east to meet industry demand
22 January 2018 - Flows of palladium out of UK stocks to Hong Kong are picking up as demand from Asian industry grows, pointing to a tightening market that could keep record-high prices on the boil...
Palladium poised to break another record just days into New Year
4 January 2018 - (Bloomberg) —The year’s barely started and palladium markets are set to break another record. The spot price for the precious metal only needs to climb by another 1.6 percent in London trading to push past an all-time high...
Palladium Nears Record as Shortage Starts to Squeeze Carmakers
4 January 2018 - Palladium is within touching distance of a record high amid a looming shortage of the metal used to curb harmful emissions from gasoline-fueled vehicles. Metal for immediate delivery nudged 0.3 percent lower to $1,096.45 an ounce...
Ontario has ‘zero chance’ of making its 5% by 2020 electric vehicle target, analysts say
3 December 2017 - Ontario is envisioning a future in which millions of electric vehicles are on the roads, but analysts predict consumer uptake will remain far off the government target for 2020, despite tens of millions of dollars in subsidies....
VIDEO: 2018 Will Be a Strong Year for Platinum
21 November 2017 - World Platinum Investment Council CEO Paul Wilson speaks about how political upheaval in Zimbabwe is impacting the platinum marketplace...
Platinum Shortage on the Horizon
21 November 2017 - According to a quarterly report released by the World Platinum Investment Council, a resurgence in demand for platinum jewelry, increasing industrial demand...
From Oil to Ruthenium, Here's How Commodities Are Bouncing Back
1 November 2017 - Commodities are booming again. The Bloomberg Commodity Index is up more than 9 percent from its late-June lows, outpacing the S&P 500 Index's 6 percent advance...
LAWRIE WILLIAMS: Palladium premium over platinum to persist – Metals Focus
25 October 2017 - We are very pleased to note that analysts at Metals Focus seem to agree with us that palladium's supply/demand fundamentals should keep it at a premium over platinum...
Rick Rule Sees Potential Supply Shock Developing In Platinum Market
24 October 2017 - The platinum market has been sliding for a while. Like many metals, it posted some pretty lofty prices...
New Age Metals finds high grade
16 October 2017 - River Valley is Canada’s largest undeveloped primary PGM property...
Palladium Tops $1,000 as Hybrid Vehicle Growth Boost Precious Metal's Demand
16 October 2017 - Palladium topped $1,000 for the first time in more than 15 years Monday as prices for the precious metal used in gasoline and hybrid fuel car engines...
Palladium Tops $1,000 for First Time Since 2001
16 October 2017 - Palladium climbed above $1,000 an ounce for the first time since 2001 on hopes for rising demand from the car industry amid a shortage of supply...
Palladium: the Year’s Top Performer So Far
4 October 2017 - The first half of the year saw a distinctly mixed performance being recorded within the commodities complex—a disappointing outcome when compared...
Jeffrey Christian on Platinum-Palladium Price Reversal
3 October 2017 - Going forward, a real deficit should be expected to open. Rising auto demand is a major factor there. So the first trend is tighter market balances...
Lithium from the Canadian Shield
Summer 2017 - Lithium mining is a Canadian growth industry, with Canadian Hard Rock deposits offering some distinct advantages for high-tech Lithium markets...
The smartphone parts at risk of running out: Study listing 'endangered' metals reveals why we need to recycle mobiles
An average smartphone contains 41 different elements - and last year alone 1.2 billion of the handsets were sold globally. This is causing an imbalance between the supply of metals...
Our Most Precious Of Precious Metals
26 July 2017 - All our portfolios are highly diversified and we consider precious metals a key part of that strategy. For the past 46 years, Gold, the most famous precious metal...
Fuel cell vehicle sales boosting platinum demand outlook
24 July 2017 - Fuel cell vehicle sales are expected to grow by more than 200% this year, with Japan targeting 200 000 fuel cell electric vehicles on its roads in 2025 and 800 000 in 2030...
Toronto firm closing South African platinum mine
21 July 2017 - Toronto-based Atlatsa Resources is mothballing its Bokoni mine in South Africa as part of a debt-cancellation and restructuring deal with joint venture partner Anglo American Platinum...
CHARTS: Lithium-rich countries risk missing the boat on electric batteries boom
7 July 2017 - As Tesla Motors begins to build the world’s largest lithium-ion battery in Australia and other vehicle makers such as Volvo get on board the electric vehicles train, concerns are rising...
The Platinum-Palladium Spread Could Ignite Platinum, Finally
26 June 2017 - Platinum group metals are rarer than gold. The group has two subsectors, palladium-group platinum group metals which include platinum, palladium, and rhodium...
Surging Palladium Prices Predict $2,450 Price for Platinum
16 June 2017 - Palladium has been on a tear this year, up 35% to date. In fact, it is the second best performing commodity, second only to cobalt....
Palladium Blows the Whistle on the London Metals Market
13 June 2017 - We noted that London palladium lease rates started to surge in late 2016 giving early visibility of a physical palladium supply shortage...
Palladium is top performing commodity so far in 2017
12 June 2017 - The metal is up 32 per cent, beating 33 other raw materials, including lean hogs and aluminum, tracked by Bloomberg...
Summary of Platinum Supply & Demand in 2016
May 2017 - The platinum market remained in deficit for a fifth consecutive year in 2016, but the gap between supply and demand narrowed significantly, to just over 200,000 oz...
Special Report: 2017 Platinum & Palladium Outlook: More Profitable Than Gold & Silver
2017 - Platinum is so rare, in fact, that all of the metal ever mined could fit into your living room. And palladium is even harder to find...
New Partnership Makes it Easier to Invest in Platinum
27 March 2017 - Thanks to a new partnership between the World Platinum Investment Council (WPIC) and BullionVault, physical platinum can now be traded via a low-cost online marketplace...
Aussie Firm Takes Bullish Stance on Lithium Outlook
23 March 2017 - Australia-based Independent Investment Research (IIR) is bullish on the outlook for lithium, saying it will be one of the key commodities to watch this year...
Reasons why a family office should consider investing in platinum
Summer 2016 - Platinum in Family Office portfolios may be the unexpected enhancer of diversification, sustainability and returns: Active promotion of jewellery and investment combine with...
Why The Lithium Boom Is Still In Its Early Stages
13 June 2016 - Nobody knows just how big the lithium market could be. The market's demand for longer lasting batteries in consumer electronics is insatiable, and increasing the use of lithium steadily...
Big Lithium Catch in Fish Lake Valley - A Whole New Lithium Play in Nevada
10 June 2016 - In brief, lithium is high-power simplicity. On the periodic table, it sits right below helium, and above all other metals. Because its atoms are so light, its power-to-weight ratio is high, which is a simple measurement to compare the performance of power sources...
New path forward for next-generation lithium-ion batteries
31 May 2016 - In the quest for a radically better lithium-ion battery, a promising direction is the so-called "lithium-rich" cathode, in which the cathode contains a higher proportion of lithium than normal...
Cobalt: The Bass Player in the Tesla Band
16 May 2016 - Numbers are numbers and facts are facts: we make serious money when we figure out how those statistics could affect the future. For the past year, we've been haranguing about the global shortage of cobalt. We're not alone in this. See John Petersen's series of beautifully analytical data-driven articles...
Platinum and palladium markets to go into deficit in 2016: GFMS
16 May 2016 - End of strikes in South Africa pushed production back up, but higher supply offset by robust autocatalyst demand. There is good news on the horizon for investors of platinum group metals (PGMs), though a reader has to scrutinize the fine print in the latest report from GFMS to find it....
Solar Impulse Flies Lithium/Sulphur Batteries Around the World
22 Apr 2016 - The Solar Impulse launched into the future from yesterday's Hawaiian dawn. It is a zero-fuel aircraft, sucking its energy from the sun, and storing it in lithium/sulphur batteries, to perform the impossible - an solar powered aircraft capable of night flight...
Analysts Expecting Higher Palladium Prices in 2016
19 Apr 2016 - Investors following the palladium market will be glad to know that there are some positive sentiments in regards to palladium prices. Palladium– despite having dipped in early April – is trading at about 0.4 percent higher than in March, with an April 15 price of $568 per troy ounce...
Palladium Joins the Gold and Silver Party
19 Apr 2016 - Investors haven't been keen on the newest precious metal so far this year, but Australian bank Macquarie thinks prices could rise around 20%. It’s been a pretty good year for bulls of the two oldest precious metals. Gold has been on a bit of a tear as interest rates have remained either stubbornly low or turned negative...
Tesla Model 3 Orders Crossed 400,000
13 Apr 2016 - Vice President Of Tesla Motors discusses fundamental DNA of Tesla. "Our cars are sexy - people love to drive them." Before Tesla, EVs were made with the motto: you do not have to drive really, but if you absolutely have to...
What does Tesla's Success Mean for Autocatalyst Demand?
12 Apr 2016 - Pre-sales launched for Tesla’s much awaited Model 3 last week and within a few days they reached 325,000, the strongest car pre-sale on record and a mutliple of analysts' expectations. Past models sold by the high-performance electric vehicle...
5 Top Platinum Producing Countries
22 Mar 2016 - Platinum group metals (PGMs), including platinum, palladium, rhodium and other metals, are prized for their durability, resistance to corrosion and excellent catalytic properties. These characteristics make PGMs useful in everything from jewelry to electronics. Today, the automotive industry is the world’s largest consumer of these...
Palladium Investing and the Lithium Revolution
21 Mar 2016 - It's not as sexy as gold, silver, or platinum...But it's just as important to the global economy. Palladium is actually very special among the metals. The metal is highly resistant to wear and tarnish, making it well suited for applications like jewelry. Palladium also has very stable electrical properties and has become a key material for electrical capacitors and semiconductors — the organs of all of our plug-in gadgets...
Palladium Investing and the Lithium Revolution
15 Mar 2016 - Palladium prices have on the downtrend for the past year, but this month, it looks as if things could be picking up for the white metal. Palladium prices have gained roughly 12 percent, or $61 over the past month, and the metal is up 21 percent since hitting a low of $467 per ounce on January 12. Still, in the March edition of the FocusEconomics Consensus Forecast...
Industrial and Base Metals Fundamental Analysis, April 1, 2015 – Forecast – Copper, Palladium & More
31 Mar 2016 - Copper took a big hit today falling 41 points to trade at 2.741 after traders had pushed up prices on the hopes of additional stimulus from the Chinese which did not happen on Monday. Palladium got a bump after auto sales and consumer confidence reports in the US and Asia showed signs of positive recovery in the retail markets...
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