This morning in metals news: Ford China announced its sales rose by 73.3% year over year; meanwhile, the Energy Information Administration (EIA) released its Short-Term Energy Outlook; and, lastly, Rio Tinto announced it had achieved battery-grade lithium at its Boron plant. We’re offering timely emails with exclusive analyst commentary and some best practice advice. Ford […]
Tag: Rio Tinto
This Morning in Metals: Rio Tinto joins Japan’s Green Value Chain Platform Network
This morning in metals news: miner Rio Tinto joined an effort in Japan promoting decarbonization transparency; the Nikkei Review reported automaker Nissan plans to use cobalt-free electric vehicle batteries by mid-decade; and British Prime Minister Boris Johnson weighed in on the Liberty Steel crisis. The MetalMiner Best Practice Library offers a wealth of knowledge and […]
This Morning in Metals: Battery energy storage systems on the rise in US power grid
This morning in metals news: the Energy Information Administration forecasts a “significant number” of battery energy storage systems will come onto the US electricity grid; meanwhile, miner Rio Tinto announced a partnership with renewable energy technology company Heliogen; and, lastly, global copper mine production levels came in about flat compared with 2020. You want more […]
This Morning in Metals: U.S. Steel acquires flat rolled steel sheet patents
This morning in metals news: U.S. Steel announced the acquisition of patents from The NanoSteel Company, Inc.; meanwhile, China is eyeing stronger management of its mineral resources; and, lastly, Rio Tinto plans on building a new tellurium plant at its Kennecott mine. U.S. Steel acquires steel patents U.S. Steel announced it had acquired flat rolled […]
This Morning in Metals: Copper price rally continues
This morning in metals news: the copper price rally is going strong; meanwhile, Rio Tinto released its 2020 Annual Report; and, finally, Norilsk Nickel reported a fatal accident at one of its facilities. Copper price rally After a January lull, the copper price rally has resumed in February. The LME three-month copper price closed Friday […]
This Morning in Metals: Copper price surges after January cooldown
This morning in metals news: the copper price is on its way back up again; meanwhile, Rio Tinto reached a new power agreement for its ISAL aluminum smelter; and, lastly, oil prices continue to rise. Copper price surges After a sleepy January, copper prices are back on the ascent. The LME three-month copper price closed […]
This Morning in Metals: Rio Tinto iron ore shipments rise 2% in Q4 2020
This morning in metals news: Rio Tinto’s iron ore shipments rose 2% year over year in Q4 2020; the Energy Information Administration forecast 2021 will see less power generation from natural gas this year; after rising during the first week of 2021, the LME three-month aluminum price has since been sliding. Rio Tinto reports rise […]
This Morning in Metals: Rio Tinto, Meridian Energy reach deal on Tiwai Point aluminum smelter
This morning in metals news: Rio Tinto and Meridian Energy have reached a deal that will allow New Zealand’s Aluminum Smelter to continue operating the Tiwai Point aluminum smelter; BHP unveiled plans to build a new wind fence; and the Energy Information Administration (EIA) forecasts U.S. oil and natural gas production will fall this year. […]
Copper MMI: Prices pick up after a slow December
The Copper Monthly Metals Index (MMI) increased 3.3% this month, as copper producers have faced challenges that are impacting supply. After a slow December, copper prices continued to increase the first week of January. Prices surpassed the $8,000/mt mark. However, copper prices remain volatile. As the pandemic continues to develop, the U.S. dollar remains around […]
This Morning in Metals: Rio Tinto commits $10M toward low-carbon steelmaking research partnership with Baowu
This morning in metals news: Rio Tinto has committed $10 million toward its research partnership with China’s Baowu Steel Group; meanwhile, Freeport McMoRan completed the sale of an undeveloped project in the Democratic Republic of the Congo; and, lastly, copper remains at an over seven-year high. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident […]
