The Renewables Monthly Metals Index (MMI) ticked up 4.5% for this month’s value. (Editor’s note: This report also includes the MMI for grain-oriented electrical steel, or GOES.) Want MetalMiner directly in your inbox? Sign up for weekly updates now. EIA: renewables account for 20% of electricity generation In its most recent Short-Term Energy Outlook, the Energy […]
Category: Green
Week in Review: Aluminum prices move sideways; GM announces rare earth magnet collaboration; copper prices consolidate
Before we head into the weekend, let’s take a look back at the week that was and some of the metals coverage here on MetalMiner, including coverage of aluminum prices, a General Motors collaboration with MP Materials aimed at developed a fully integrated U.S. rare earth magnet supply chain and much more: See why technical […]
China introduces plan to reduce heavy metal emissions by 5% by 2025
Chinese authorities recently presented a draft plan to reduce heavy metal emissions by 5% by 2025. As noted previously here, the move comes after Beijing moved to stabilize surging coal prices. The government moved to increase both coal imports and domestic output. The Dalian coking coal price surged to $694 per metric ton in late […]
This Morning in Metals: GM buys stake in electric boating company
This morning in metals news: General Motors announced it had purchased a stake in Pure Watercraft, a firm specializing in “all-electric boating solutions”; aluminum prices ticked up ahead of Thanksgiving; and, lastly, Thyssenkrupp commissioned its 35th EnviNOx® system, which reduces nitrous oxide emissions. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what […]
Week in Review: Stainless steel base prices rise; Biden signs infrastructure bill; European Commission slaps duties on stainless steel from India, Indonesia
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner: Each month, MetalMiner hosts a webinar on a specific metals topic. The next webinar is scheduled for Wednesday, Dec. 8, during which the MetalMiner team will discuss price predictions for 2022. To […]
Metals industry to play major role in curbing carbon emissions
Metals will play a significant role in helping governments and companies to address climate issues by aiding the transition to cleaner energy and ultimately decreasing carbon emissions, industry watchers said. “The metals industry is crucial to facilitating this,” one analyst told MetalMiner. “If you want energy transition, it is not going to happen without metals […]
This Morning in Metals: China auto sales drop 9.4% year over year
This morning in metals news: auto sales in China fell by 9.4% on a year-over-year basis; meanwhile, Norsk Hydro is exploring new renewable hydrogen projects; and, lastly, ArcelorMittal reported its Q3 2021 results, including its strongest net income figure since 2008. MetalMiner has launched a full suite of precious metals as part of the MetalMiner […]
Week in Review: Aluminum prices plunge; U.S., E.U. reach Section 232 deal; magnesium shortages add to supply chain woes
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner: MetalMiner has launched a full suite of precious metals as part of the MetalMiner Insights platform. This includes a complete suite of catalytic converter precious metals, which are particularly useful […]
This Morning in Metals: Oil prices fall to four-week low
This morning in metals news: oil prices fell to their lowest since early October; Anglo American said it aims to achieve carbon-neutral shipping by 2040; and, lastly, stainless steel producer Outokumpu announced its Q3 2021 results. MetalMiner has launched a full suite of precious metals as part of the MetalMiner Insights platform. This includes a […]
Miners hold out potential to become carbon neutral
With COP-26 running this week in Glasgow, the environment has been one of the main topics in the news. Rightly so, many of you will say. We are doing a pretty fine job of trashing the planet, so it’s about time we collectively did what we can to reverse the damage. Unfortunately, the metals industry […]
