Tag: Metal and ore
Habeck wants to make himself more independent of China
Rare earth mine in Mongolia Germany is too dependent on foreign countries for important raw materials. (Photo: Reuters) Berlin Federal Economics Minister Robert Habeck (Greens) is planning far-reaching measures to…
Habeck wants to make himself more independent of China
Rare earth mine in Mongolia Germany is too dependent on foreign countries for important raw materials. (Photo: Reuters) Berlin Federal Economics Minister Robert Habeck (Greens) is planning far-reaching measures to…
Raw material for electric car batteries: endurance test for the lithium rally
Lithium mining in the Atacama Desert in Chile The Chilean mining group SQM mines lithium in the Atacama salt flats in the north of the country. (Photo: dpa) Frankfurt As…
Rising prices: China’s Covid easing boosts commodity prices
oil production Oil futures in New York and London rose. (Photo: dpa) Beijing The prices of commodities – from oil to iron ore to copper – have skyrocketed. The reason…
Rising prices: China’s Covid easing boosts commodity prices
oil production Oil futures in New York and London rose. (Photo: dpa) Beijing The prices of commodities – from oil to iron ore to copper – have skyrocketed. The reason…
Glencore fined £280m for bribery
Glencore headquarters in Baar The Swiss group has to pay a fine of millions in Great Britain. (Photo: Reuters) Zurich The Swiss commodities group Glencore has to pay a fine…
Mercedes gets 10,000 tons of lithium hydroxide per year from Rock Tech
Markus Schäfer, Markus Brugmann Mercedes board member Markus Schäfer and Rock Tech Lithium CEO Markus Brügmann have closed a deal on lithium supplies. (Photo: Rock Tech Lithium C) Gottfried Stoppel)…
Indonesia wants to take over battery production
Production of electric vehicles at Volkswagen In March, Volkswagen announced a joint venture with Chinese partners to secure nickel from Indonesia for battery production. (Photo: IMAGO/Kirchner Media) Brussels, Jakarta Emerging…
How Western industries can make themselves less dependent on raw material imports
Volkswagen – batteries for electric cars VW wants to build six gigafactories in Europe by around 2030, which should be sufficient for a total production of around five million electric…
Which brands are important now
gold bar The trigger for the gold weakness are the higher interest rate expectations in the USA. (Photo: dpa) Dusseldorf The price of gold is in a downtrend. On Friday,…
Boost uranium mining in the US? Why turning away from Russia is difficult
Things can’t go fast enough for John Barrasso. The Republican Senator from Wyoming called for an immediate halt to all uranium imports from Russia in mid-March. In a draft law,…
How Switzerland prevents transactions with Russian gold
Where does the gold come from? The Swiss gold refineries strive for transparency. (Photo: Getty Images, dpa, Reuters) Mendrisio, Balerna Before it can be processed further, the gold, which has…
How Switzerland prevents transactions with Russian gold
Where does the gold come from? The Swiss gold refineries strive for transparency. (Photo: Getty Images, dpa, Reuters) Mendrisio, Balerna Before it can be processed further, the gold, which has…
Dealer cuts business relationship after copper scandal
Bearings with copper cathodes in China Zurich The scandal had caused a worldwide sensation: Copper worth 500 million dollars had disappeared from a Chinese metal dealer. As the “Financial Times”…
The copper price is a poor indicator of stock prices
copper cable The metal is processed in many industries and is considered a leading indicator for the economy and stock markets. Rightly so? (Photo: Bloomberg/Getty Images) Dusseldorf The copper price…
Europe is gearing up for the battle for raw materials
world economic disorder (1) Brussels In the hectic weeks after the Russian invasion of Ukraine, the Chancellery and Ministry of Economic Affairs made an alarming discovery: nobody in the Berlin…
Critical raw materials: Europe can become independent
The consensus in Europe is broader than ever: ever since Vladimir Putin’s army invaded Ukraine, all the countries of the European Union have wanted to get away from Russian oil…
Silver suffers from recession fears – in the long term there is hope
silver bullion Like gold, silver is considered an asset with a higher guarantee of value retention. (Photo: dpa) Frankfurt Difficult times for owners of silver: the price of a troy…
Gold embargo against Russia has loopholes
gold bar Processing into jewelery or remelting into investment bars for retail customers does not violate the new EU sanctions. (Photo: dpa) Zurich, Brussels The 27 EU member states want…
Price collapse shows fear of recession
cotton, copper, petroleum Some raw materials are becoming cheaper again. (Photo: Hartmut Schwarzbach_argus, Kelli – stock.adobe.com , Photocreo Bednarek – stock.adobe) Zurich Whether crude oil, copper or agricultural commodities: Investors…