(Bloomberg) -- Palladium rocketed through $1,400 an ounce for the first time, extending its precipitous rally despite signs that global vehicle sales are slowing. The precious metal, primarily used in the auto industry for catalytic converters, has surged more than 65 percent since the middle of August. The bull run...
Shares of Pacific Rim Cobalt Corp (OTCQB: PCRCF) are gaining momentum as investors set sights on Indonesia as potentially the world's largest supplier of vital battery metals. Pacific Rim Cobalt Corp is developing a strategic cobalt and nickel asset in "elephant country" while billions of dollars are pouring...
NetworkNewsWire Editorial Coverage With global electric vehicle (EV) demand growth creating the potential for tight supplies in battery metals such as cobalt, multinational companies and industrialized nations are working to secure these critical metals as prices are projected to rise. The growing market for electric vehicles has led to much...
Companies mentioned in this article: Tesla Inc (Nasdaq: TSLA) Apple Inc (Nasdaq: AAPL) Pacific Rim Cobalt Corp (OTCQB: PCRCF) Cobalt 27 Capital Corp (OTCQX: CBLLF) Vale S.A. (Nasdaq: VALE) There has been no shortage of coverage for Tesla Inc (Nasdaq: TSLA) since the grand opening of the company's Gigafactory in...
Gold firmed substantially at the end of 2018 to see the yellow metal trading at US$1,285 an ounce, and there are signs that it will move higher during 2019, which has been a boon for gold miners. One very attractively valued junior miner that’s poised to move higher is...
Jan 7 (Reuters) - Energy Fuels Inc UUUU.A : * ENERGY FUELS RESUMES VANADIUM PRODUCTION; LAUNCHES INITIATIVES TO BOOST READINESS FOR POTENTIAL URANIUM MARKET IMPROVEMENT; PROVIDES 2019 GUIDANCE * ENERGY FUELS INC - DURING 2019, COMPANY EXPECTS TO PRODUCE APPROXIMATELY 50,000 TO 125,000 POUNDS OF U(3)O(8) * ENERGY FUELS INC - ALL...
* Palladium touches record high at $1,313.24/oz * SPDR Gold holdings highest since end-July * Platinum touches over 1-month high at $827.40/oz BENGALURU, Jan 7 (Reuters) - Gold rose on Monday as the dollar fell on expectations that the U.S. Federal Reserve would halt its rate-hiking cycle for the year, lifting demand...
Via mining.com Global refined copper consumption will register steady growth over the coming years, driven by demand from the power industry, rising electric vehicle (EV) production and a positive global economic growth outlook, a new copper supply and demand outlook by Fitch Solutions shows. Fitch forecasts that global copper demand will...
Last year was a tough one for silver investors and miners. The white metal started the year on a positive note, opening at just over US$17 an ounce, but then the wheels fell off and it plunged to under US$14 per ounce in mid-November 2018. While silver has rallied in...
Source: Mining.com Blackwater founder Erik Prince aims to raise as much as $500 million to invest in metals needed for making the batteries that power electric vehicles (EVs), the Financial Times reports. Prince, who besides starting the controversial private security company is known for have been an informal campaign adviser to US President...