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Today: March 13, 2025
Today: March 13, 2025
Eric Onstad

Eric Onstad

Staff Writer

Latest From Eric Onstad

Business|Economy|Finance|Political|US

US aluminium, steel prices hover near peaks as tariffs kick in

The cost of aluminium and steel in the United States hovered near recent peaks on Wednesday after U.S. tariffs of 25% took effect and sparked retaliation from Canada

US aluminium, steel prices hover near peaks as tariffs kick in
Business|Economy|Political|US

Potential US copper tariffs seen costing domestic industry dearly

The U.S. industrial sector will have the most to lose from potential U.S. tariffs on copper, analysts say, with costs seen rising significantly during what would be a

Potential US copper tariffs seen costing domestic industry dearly
Business|Economy|Finance|Political|US

Trump's tariffs lift US metals prices but underscore production struggles

Prices of industrial metals in the U.S. extended gains on Tuesday, reflecting the impact of U.S.

Trump's tariffs lift US metals prices but underscore production struggles
Business|Economy|Europe|Finance

LME floor trader Sigma in talks to sell brokerage, sources say

Sigma Broking, one of eight members of the London Metal Exchange allowed to trade on the open-outcry floor, is in talks to sell its business three

LME floor trader Sigma in talks to sell brokerage, sources say
Economy|Environment|Technology|US

U.S., UK and partners working on 15 critical minerals projects

The United States and partners are working on 15 projects to secure supplies of critical minerals needed for electric vehicles and the energy transition, a senior U.S

U.S., UK and partners working on 15 critical minerals projects
Business|Technology|US

Volkswagen and rivals plug away at solid-state battery puzzle

Volkswagen, whose drive to develop a "solid-state" electric car battery with U.S. startup QuantumScape has been dogged by delays, is casting

Volkswagen and rivals plug away at solid-state battery puzzle
Science|Technology

Factbox-Solid state: EV giants chase 'holy grail' of batteries

Solid-state batteries hold the promise of more energy storage, longer driving ranges and faster charging for next-generation electric vehicles.

Factbox-Solid state: EV giants chase 'holy grail' of batteries
Business|Economy|Finance

Goldman, hedge funds step up activity in physical uranium as prices spike

Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium

Goldman, hedge funds step up activity in physical uranium as prices spike
Business|Finance|Stock Markets

Anglo to meet top shareholders on BHP bid as takeover rules restrain AGM

Anglo American's chair will meet its top 30 shareholders to hear views on BHP's $39 billion bid for the miner, he told an annual general meeting on

Anglo to meet top shareholders on BHP bid as takeover rules restrain AGM
Business|Finance

Trafigura, IXM caught in COMEX copper short squeeze as prices hit record

Commodity traders Trafigura and IXM are looking to buy physical copper to deliver against large short positions on U.S. exchange CME

Trafigura, IXM caught in COMEX copper short squeeze as prices hit record
Business|Economy|Finance

Copper's record run at risk as US shipments calm speculator frenzy

Copper's lightning rally to record highs may not be sustainable in the coming weeks, with action concentrated on the shipment of material to cover

Copper's record run at risk as US shipments calm speculator frenzy
Business|Economy|Finance

Trafigura settles $8.4 million lawsuit with Reuben Brothers firm

Commodity trader Trafigura has settled a lawsuit filed by a firm owned by property and metals tycoons the Reuben brothers, Trafigura said on Wednesday, in a case

Trafigura settles $8.4 million lawsuit with Reuben Brothers firm
Business|Europe|Technology

In race to regain rare earth glory, Europe falls short on mineral goals

Four decades ago, a rare earth processing plant on France's Atlantic coast was one of the largest in the world, churning out materials used to make colour televisions,

In race to regain rare earth glory, Europe falls short on mineral goals
Business|Finance|Technology

Battery maker ProLogium to gradually ramp up French plant amid slow EV sales

Taiwanese battery maker ProLogium Technology Co plans to gradually ramp up its 5.2 billion euro ($5.7 billion) factory in France as it looks to boost efficiency and

Battery maker ProLogium to gradually ramp up French plant amid slow EV sales
Business|Economy|Environment|Finance|Technology

Investment in critical minerals in web of doubt, industry says

Many companies are reluctant to invest in critical minerals and energy transition projects due to uncertainty about consumer demand for EVs and government commitment

Investment in critical minerals in web of doubt, industry says
Economy|Environment|Europe|News|Technology

Europe needs way to price critical minerals independently of China, group says

Europe needs a system to set prices for critical minerals needed for the energy transition that is not dependent on China, which dominates much of the global sector,

Europe needs way to price critical minerals independently of China, group says
Business|Finance|Stock Markets

Commodities broker Marex plans more acquisitions; shares surge after results

British-based commodities broker Marex Group is planning more acquisitions to diversify the company following a U.S. listing, its CEO told Reuters, in the wake of

Business|Economy|Europe|Finance|Stock Markets

Societe Generale leaves London Metal Exchange's open-outcry trading floor

Societe Generale International will drop its membership of the London Metal Exchange's open-outcry trading floor, the exchange said on Friday, raising questions about

Societe Generale leaves London Metal Exchange's open-outcry trading floor
Business|Economy|Finance|Technology

Hybrid cars throw lifeline to platinum metals

A surge in sales of hybrid cars as electric vehicle take-up slows is set to provide an unexpected boost to demand for platinum group metals (PGMs)

Hybrid cars throw lifeline to platinum metals
Business|Economy|News

Metals-rich Kazakhstan seeks niche in battery supply chain

Kazakhstan aims to boost output of

Metals-rich Kazakhstan seeks niche in battery supply chain
Business|Finance|Stock Markets

BHP's Australian nickel stoppages spoil plans for LME alternative

Plans for two new nickel trading platforms to challenge the London Metal Exchange (LME) have been blown off course by BHP's planned suspension of

BHP's Australian nickel stoppages spoil plans for LME alternative
Business|Finance|Technology

LME lags rival exchanges as battery metals trading gains momentum

The London Metal Exchange is being left behind in the race to dominate trade in metals used for EV batteries such as lithium and cobalt as other exchanges gain

LME lags rival exchanges as battery metals trading gains momentum
Business|Economy|Europe|Finance

EU set to choose firm for critical minerals joint buying platform

The European Union, rushing to develop a 9 million euro joint purchasing mechanism for critical minerals and energy, is choosing between eight bidders vying to

EU set to choose firm for critical minerals joint buying platform
Africa|Asia|Australia|Business|Economy|Technology

Lithium supply surplus set to stay with battery makers' help

Many lithium mines, led by Chinese operators, are maintaining production of the raw material needed for electric vehicle (EV) batteries, in defiance of prices weak

Lithium supply surplus set to stay with battery makers' help
Australia|Business|Economy|Finance|Stock Markets|Technology|US

Cobalt miner Jervois in rescue deal to better compete with China

Cobalt miner Jervois Global said on Thursday that one of its lenders will take the company private as part of a pre-packaged bankruptcy, the latest Western

Cobalt miner Jervois in rescue deal to better compete with China

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