The Financial Times is among many news sources reporting on the announcement made this week in Brussels that the E.U. and U.S. will end 17 years of litigation over claims and counterclaims that both Boeing and Airbus have received unfair state support in one form or another. Both sides have won cases at the World […]
Stuart Burns
We haven’t seen the end of this oil price rise
The perennially bullish Goldman Sachs is not alone in predicting a higher oil price. A recent report by the Boston Consulting Group asks the question, “are we on the cusp of a new supercycle?” In BCG’s opinion? We are. You want more MetalMiner on your terms. Sign up for weekly email updates here. Bullish on […]
Does Brexit Britain lean towards embracing free trade or favoring protectionism
To protect or not to protect, that is the question for Brexit Britain. Britain was taken into its rupture from Europe on the Global Britain ticket, with the promise of liberating new trade deals once it was unfettered by Europe’s stifling protectionist culture. That’s not a bad mandate for change. However, it would seem that […]
As China targets 2030 for peak coal use, aluminum output could also peak
China’s steel and aluminum market is undergoing a quiet revolution. It’s not a revolution of investment or innovation. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each on the MetalMiner Events page. Peak aluminum, steel in China? According to Reuters, Beijing’s target of peak […]
The global shipping market is getting worse rather than better
The global logistics market has gone through a horrible winter. The pandemic caused massive disruption. US and European ports became gummed up with PPE and medical equipment. This resulted in port delays and tens of thousands of containers being out of position at destination when they are needed at origin, further exacerbating a lack of […]
Rare earth oxide prices drop as China loosens production quotas
China’s rare earth (RE) oxides market is a controlled market — or at least it is today. There was a time it was the mining equivalent of the wild west with multiple operators. There were once zero controls and, as a result, the sector’s operations led to massive environmental damage. The authorities stepped in, consolidated […]
Iron ore market characterized by volatility
The iron ore price has been about as volatile of late as most of us can remember. The price powered relentlessly upwards this year on the back of surging demand from China and constrained supply from Brazil. Then, after hitting a peak May 10 and 12, it fell sharply into bear territory, as Beijing sought […]
Second-largest copper producer Peru on the cusp of disaster
You have to feel for poor Peru, the second-largest copper producer in the world. The country is facing the double affliction of the worst COVID-related death rate per head of population anywhere in the world. At the same time, it is enduring a presidential election between two almost equally obnoxious candidates. The MetalMiner Best Practice […]
Carbon emissions: The key to corporate strategy
Activist investors and environmentalists make strange bedfellows, but both are like the hordes at the citadel gates of the oil majors. In the US, activist investor Engine No. 1 forced at least two and possibly three directors onto the board of Exxon Mobil. In doing so, it aims to force a change in direction for […]
Despite easing US-EU trade tensions, Section 232 likely here to stay
It is no secret that, on the whole, Europe was backing a Joe Biden win in the 2020 US presidential election. A few eastern European countries, like Hungary and Poland, rather warmed to former President Donald Trump’s narratives. However, on the whole, socialist Europe saw more of a kindred spirit in Biden. In that vein, […]
