Natural graphite demand is projected to grow substantially as the need for lithium-ion batteries and active anode material accelerates leading to an expected near-term supply deficit in the non-metallic mineral. The International Energy Agency (IEA) predicts that clean energy demand will account for 54% of graphite demand by 2030 in its stated policies scenario (STEPS). […]
The Australian Securities Exchange (ASX) has shrugged off yesterday’s (22 May) drag and is back on track heading north. The S&P/ASX200 advanced 16.6 points, or 0.2%, to 8,365.3 points as of 10.30am AEST this morning (23 May). Over the past five trading sessions, the index has gained 0.26% and is 2.9% below its 52-week high. However, […]
Global iron ore prices are likely to remain between US$80 and US$100 per tonne over the next 12-18 months due to subdued demand and high supply, limiting earnings growth for major producers. This is according to a May 2025 Moody’s Ratings report, which says China’s (A1 negative) structural decline in steel production will negatively affect […]
The Australian Securities Exchange (ASX) has ended higher for the fourth straight session this week after opening marginally lower today (1 May). The S&P/ASX 200 closed up 19.4 points, or 0.24%, at 8,145.6 points. The index has rallied 2.23% over the past five trading sessions and is little changed since the start of 2025. While […]
Copper and iron ore are feeling the weight of a slowdown in Chinese factory activity and weakness in the steel sector in April. London Metal Exchange copper was down around 3.34% (1 May) at US$9,125 ($14,232) per tonne, while iron ore edged back 0.1% to US$99.76 per tonne overnight. ANZ Head of Australian Economics Adam […]
Following China’s imposition of immediate export controls on key heavy rare earths, ABx Group (ASX:ABX) is looking to progress its drilling program for new mineralisation on an exploration licence in Temple Bar, in northern Tasmania. The tenement is unexplored for rare earths and sits immediately south of the company’s Portrush REE discovery, where a drillhole […]
The Australian Securities Exchange (ASX) is giving up the gains it amassed in its best one-day performance in five years after US President Donald Trump went for the trifecta on China tariffs. Overnight (AEST) the White House clarified that the tariff on China has actually increased to 145%, not 125%, marking the third hike this […]
While the ASX was little changed ahead of tomorrow’s (25 March) Australian federal budget, the iron ore miners strengthened. ANZ says in its Commodity Tracker report, steel production faces increasing headwinds from 25% tariffs and capacity cuts. At the same time, China’s iron ore stockpiles are declining due to a slight increase in production and […]
The idea of boycotting US-made goods seems like the working title of a Twilight Zone episode but with the ‘every man for themselves’ narrative now the headline, the silver lining is worth consideration. No matter what happens in American politics, every headline, segment, and push notification bends back to Donald Trump, his legal woes, or […]
Suvo Strategic Minerals (ASX:SUV) has extended a major take or pay offtake agreement with Chaozhou Chengcheng Industrial for the supply of hydrous kaolin from the Pittong operations until 2030. The agreement, valued at $6.56 million, covers a minimum order quantity of 8,750 tonnes of hydrous kaolin over the five-year period. The previous three-year deal covered […]