Base metals outlooks diverge as supply concerns dominate

Record copper prices clash with weaker physical demand and squeezed smelter margins Discussions on copper during LME Week focused on the gap between record prices and physical demand, pressure on smelter margins and the time needed for new mine supply to reach the market. Downstream buyers had pulled back as prices rose, according to Tanja Winter, executive director and head …

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Why Gold Miners Fall Even After Record Profits

Newmont, the world’s largest gold miner, reported record third-quarter adjusted net income on Thursday. On Friday, its shares fell 4.6 percent, more than twice as much as the GDX. Over the whole week, the GDXJ, the ETF for junior mining stocks, fell 9.6 percent, while gold fell 4.1 percent. Gold itself slipped below $4,000 on Friday, and silver closed below …

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Australia revamps critical minerals strategy, targeting refining edge over China

Australia will refresh its critical minerals strategy to place greater emphasis on refining and processing, a senior Minister said on Tuesday, as competition for investment intensifies and supply-chain concerns persist. Resources Minister Madeleine King said the revised strategy would guide the next phase of the industry’s development, with a sharper focus on capturing “more economic and strategic value”. “It places …

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Lula’s Brazil win puts rare earths in Trump’s crosshairs

Brazilian President Luiz Inácio Lula da Silva’s election victory is set to reinforce government control over the country’s vast rare earth resources, raising the stakes for foreign miners and Washington’s efforts to reduce dependence on China. Lula defeated far-right Senator Flávio Bolsonaro in Sunday’s closely contested runoff, securing a fourth nonconsecutive term if electoral authorities confirm the result. His next …

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Platinum ETFs: What They Are and How They Work

Platinum exchange-traded funds (ETFs) are investments with exposure to the platinum market. These funds track the price of platinum through physical holdings or financial derivatives, offering an avenue for portfolio diversification. Although your ETF holdings are susceptible to price changes in the metal, you don’t have to take possession of them yourself. Keep reading to learn more about platinum ETFs, …

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Copper Deficit to Reach 44% of Demand by 2050, BloombergNEF Warns

BNEF Outlook Flags 44% Shortfall BloombergNEF published its annual Transition Metals Outlook on Tuesday, October 20, and copper emerges as the exception in an otherwise well-supplied picture. Nine of the ten transition materials the report covers should have enough supply through 2050. Copper does not: the research house projects a shortfall of 20 million tonnes by mid-century, equal to roughly …

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Digital Gold: Unlocking a $700-Billion Opportunity

The physical investment gold market is worth about $13 trillion. But digital gold, including vaulted digital gold and tokenised gold, represents less than 1% of the global market.  Why does it matter? We are seeing signs of an inflection point. With more recently launched tokenised products triggering a surge in activity, the fledgling digital gold market has grown into a $45-$55 …

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Why Trump Can’t Afford to Lose The Rare Earth Race

For years, the West has searched for a technological escape hatch from rare earths. Engineers have developed new motor designs, alternative magnet chemistries, and materials that reduce or even eliminate the need for some critical minerals. Every time China tightens export controls, those efforts receive another burst of attention. They’re worth pursuing. But they don’t answer the question manufacturers have …

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EU, Vietnam agree to deepen trade, critical minerals cooperation

The European Union and Vietnam agreed Thursday to deepen cooperation on trade, investment and critical raw materials during Vietnamese leader To Lam’s visit to Brussels. Lam, Vietnam’s president, met European Commission President Ursula von der Leyen and European Council President Antonio Costa to discuss cooperation, regional security and global challenges. They called for “full implementation of the EU–Viet Nam Free …

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Potential demand for digital gold could reach $700 billion

Although the global physical investment gold market is valued at approximately $13 trillion, digital gold accounts for less than 1% of this market. However, growing interest in new digital products and expanding investment opportunities create significant potential for growth in this segment, APA-Economics reports, citing the World Gold Council. According to the information, the current size of the digital gold …

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