Month over month, the Automotive MMI (Monthly Metals Index) failed to break very far outside of its year-long sideways trend. All in all, the index dropped by 4.23% Numerous factors tugged the index down month-over-month, including slowing electric vehicle production. Another pressing matter putting pressure on the automotive market is China implementing further restrictions on […]
Category: Green
Renewables/GOES MMI: Despite Slight GOES Supply Gut, U.S. Still Lacks Enough Transformers for Renewable Energy
The Renewables MMI (Monthly Metals Index) witnessed more notable declines month-over-month than last month’s MMI, declining by 7.09%. Renewable energy news sources indicate there exists a number of renewable energy projects within the U.S. currently ready to begin work, but are on hold due to an array of factors. Furthermore, solar and wind fields still […]
Norsk Hydro Comments on Current Aluminum Market Conditions
Recently, MetalMiner had the pleasure of speaking with Norsk Hydro about aluminum market trends, market insights and the general market outlook for the aluminum industry, especially in the U.S. As the premier green aluminum producer in the United States, Europe-based Norsk Hydro continues to make significant strides in helping to convert the aluminum extrusion market […]
China’s Bold Leap into Solid State Battery Research: The Charge of the Future
In the bustling world of battery innovation, China continues to make headlines. This time, it’s all about solid-state batteries. Over the past several years, the nation steadily powered up its battery metals research and development efforts, betting big on this game-changing technology. But why all the buzz? Let’s take a closer look at China’s recent […]
New Heat-Resistant Aluminum Alloys Developed by Tianjin University to Revolutionize Aerospace Engineering
Chinese scientists recently announced the development of a technique to significantly enhance the heat resistance of aluminum alloys. The breakthrough will address a major challenge that has long restricted the use of this lightweight metal in critical fields such as aerospace and transportation. According to a report in the South China Morning Post, the team […]
Rare Earths MMI: Rare Earth Prices Stabilize After 6 Months of Drops and May’s Rebound
The Rare Earths MMI (Monthly Metals Index) seemed to find some stabilization after six months of dropping followed by a brief rebound in May. Overall, the index moved sideways, rising by just 2.11%. Meanwhile, prices for rare earth elements continue to pull in both directions due to a number of factors. Issues like ongoing supply […]
Renewables MMI: Problematic Dependence on China for Silicon and Solar Panels?
The Renewables MMI (Monthly Metals Index) continued its slight downward trend month-on-month, dropping by 3.8%. Two large components of the index, silicon and cobalt prices, continue to experience drops due to lingering renewable energy supply bottlenecks from 2023. This, along with falling grain-oriented electrical steel prices, brought the index down Silicon for Solar Panels: A […]
The Charge Towards a Brighter Future: Innovations in the Battery Market
In a world where the appetite for energy is insatiable, the battery market has become the playground for some of the brightest minds aiming to fuel everything from cell phones to electric vehicles. However, as our gadgets become even smarter, the traditional batteries we’ve relied on seem ever so dim-witted in comparison. Enter the era […]
Charging Ahead: The Revolution of Fast-Charging Technology
Let’s dive deeper into the electrifying waters of lithium-ion batteries, where the University of Liverpool’s recent breakthrough is making waves. Their latest technology promises a future where “fast” is an understatement when it comes to charging our electric chariots and techno-gadgets. In this brave new world, conventional lithium-ion batteries, dependable but somewhat sluggish beasts, are […]
European Aluminum Industry Faces Existential Threats
The European aluminum manufacturing industry is under attack from two short- and medium-term threats, both of which have the potential to significantly impact aluminum consumers across the region. Threat #1: Potential Russian Aluminum Ban, Aluminum Manufacturing Shortage The first threat is the widely debated possibility of the EU banning Russian aluminum. While the UK has […]
