Investment Insights. Stay Ahead.

By The Oregon Group

The latest figures from PwC's Strategy& report show sales of battery electric vehicles (BEV) continue to rise across the world. In particular, as early as 2024, every third commercially registered car in Germany could be a BEV. The US BEV...

Investment News

Italy votes in favor of nuclear power; Poland signs $4bn loan for nuclear reactors; Finland starts Europe’s largest nuclear reactor.

May 11, 2023

As Germany shuts down it's remaining nuclear reactors, much of the rest of Europe is moving towards new national programs for nuclear power as part their efforts to secure green energy supply. The Italian parliament, led by Giorgia Meloni, has...

Nickel

Another Small Step Forwards for Battery Recycling

May 10, 2023

Glencore and Li-Cycle are teaming up to build Europe’s largest battery recycling facility. An old lead refinery in Sardinia will be redeveloped into a major hub for processing black mass, which is the gritty, pre-treated battery scrap that contains battery...

Investment News

Glencore plans to develop largest European electric battery recycling hub

May 9, 2023

Glencore and Li-Cycle have announced a joint study to look into the feasibility of a recycling hub for critical battery minerals, including nickel, cobalt and lithium. The hub would be based in Portovesme, Italy (repurposing the closed zinc sulphide “Portovesme...

Investment News

US energy boom predicted by 2030 — which will need more minerals

May 5, 2023

A boom in solar, wind and energy storage systems by 2030 will power more than 100 million homes, according to BloombergNEF. The projects will include: 358 gigawatts of solar panels 137 gigawatts of wind turbines 111 gigawatts of energy storage...

Investment News

Demand for oil from China pulls in 125 supertankers in April

May 4, 2023

The global oil price remains volatile on near-term concerns over the economy and rising interest rates, but the long-term fundamentals remain bullish. This is highlighted by recent shipping data from China which shows some 125 tankers seen carrying crude to...

Investment News

Electric car sales break new records with momentum expected to continue through 2023

May 2, 2023

Electric car markets are seeing exponential growth as sales exceeded 10 million in 2022, according to the IEA's latest Global EV Outlook 2023. A total of 14% of all new cars sold were electric in 2022, up from around 9% in...

Investment News

Nickel class I supply crunch to continue as forecast nickel surplus “will be mainly due to class II and nickel chemicals”

May 1, 2023

According to the International Nickel Study Group (INSG)'s latest report world primary nickel production will reach 3.375MT in 2023 (up from 2.610Mt in 2021 and 3.060Mt in 2022). Global primary nickel demand is forecast to increase to 3.134Mt in 2023...

Nickel

Q1 News Highlights for the Energy Storage Market

April 25, 2023

Some highlights from around the world in the energy storage market for this past quarter. Global Energy Storage Market Nearly Tripled: The global energy storage market saw its largest year-on-year gain on record in 2023, nearly tripling in size. U.S....

Nickel

Q1 News Highlights for the Nickel Market

April 25, 2023

Some highlights from around the world in the nickel market for this past quarter. Nickel Prices Experience Notable Decline: After peaking at over $31,000 per metric ton in early January, nickel prices saw a substantial drop, reaching approximately $22,500 by...

Investment News

LME appoints ‘interim’ chairman of the board

April 25, 2023

The London Metal Exchange (LME) has announced that John Williamson, currently LME Non-Executive Director, will become the LME’s Interim Chairman, effective when the current chairman steps down on 28 April 2023. The appointment comes at a critical time for the...

Investment News

Mining companies announce more than $65 billion worth of deals so far in 2023, highest since 2012

April 24, 2023

According to a new report, demand for electric vehicles and the clean energy is driving higher investment across mining, in particular, exposure to metals like copper, nickel and lithium. The US$65 billion announced so far in 2023 is almost double...

Investment News

Chile plans to nationalize lithium industry, world’s second largest producer of the metal

April 21, 2023

Chile's president Gabriel Boric has announced he will nationalize the country's lithium industry into a new "National Lithium Company." Chile currently produces around 30% of the world's lithium. The move will have a significant impact on both Chilean miner SQM and and...