The global platinum market is expected to see a deficit of 983 koz in 2023, up 77%, as demand growth outstrips supply. Year-on-year Q1 2023 demand rose 28%, while supply decreased 1% on national electricity supply problems in South Africa....

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...

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...

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...

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...

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...

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...

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...

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...

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...

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....

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...