The London Metal Exchange today announced it is launching a formal consultation on proposed rules for “the application of responsible sourcing principles to all LME-listed brands.” Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook “Our comprehensive market engagement exercise has revealed strong support for the LME taking action on this […]
Category: Green
This Morning in Metals: Per ITC Analysis, USMCA Would Raise U.S. GDP by 0.35%
This morning in metals news, an analysis by the U.S. International Trade Commission digs into the details of the pending United States-Mexico-Canada Agreement (USMCA), the Congressional Research Service released a report covering economic growth levels around the world and the chairman of Chile’s Antofagasta says the green revolution will be good for copper. Need buying […]
Renewables MMI: EPA Deal Opens Door to Potential Missouri Cobalt Mining
The Renewables Monthly Metals Index (MMI) held flat this month, sticking at an MMI reading of 103. Cobalt in … Missouri? The St. Louis Post Dispatch reported an EPA agreement could open the door to cobalt mining at the site of an old lead mine. On April 3, the EPA announced it had reached an agreement […]
India’s Reliance on Coal Draws Criticism from Greenpeace, Other Agencies
India’s continued emphasis on coal-based power plants has drawn flak from Greenpeace India and other agencies. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook A report released jointly by Global Energy Monitor, Greenpeace India and the Sierra Club said the Indian government continued to support thermal power plants when they […]
Despite Poor Forward Indicators, Copper is on a Roll
There seems to be no holding copper. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The metal’s price hit an eight-month high this month, helped over the line by the Federal Reserve dropping plans for further interest rate hikes this year. But much of the rise seems to be on […]
This Morning in Metals: Copper Prices Steady to Start the Week
This morning in metals news, copper prices were up slightly Monday, Tokyo Steel held prices steady for the fourth straight month and Rio Tinto responds to criticism about carbon emissions stemming from its customers’ operations. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Prices LME copper traded up 0.4% […]
Renewables MMI: Startup Backed by Billionaires Aims to Find New Cobalt Sources
The Renewables Monthly Metals Index (MMI) fell one point this month for an MMI reading of 103. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Hunt for Cobalt As noted routinely in this installment of the MMI series, cobalt is a coveted material for its use in a wide variety […]
This Morning in Metals: U.S. Trade Deficit with China Reaches Record High in 2018
This morning in metals news, the U.S.’s trade deficit with China reached an all-time high in 2018, one analyst says there’s a 35% chance U.S.-China trade talks will break down and aluminum maker Norsk Hydro’s technology pilot is up for a Green Award in the category of Innovation of the Year. Buying Aluminum in 2019? […]
Energy Industry at a Crossroads in the Face of Climate Change
Cutting through the polarized hype on climate change is one of the toughest challenges for firms trying to position themselves and their enterprises for the future. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook On the one hand there is a broad green or environmental lobby, which rightly shouts out […]
Renewables MMI: Advocacy Group Shines Light on State of DRC Cobalt Mines
The Renewables Monthly Metals Index (MMI) fell two points this month, down to a November MMI reading of 101.Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Cobalt Mining According to the head of commodities trader Trafigura, unregulated cobalt mining cannot be “wished away,” the Financial Times reported last month.In 2017, nearly […]