London Metal Exchange cobalt prices found support around $28,200 per tonne on Thursday, June 4, stabilising after a volatile three-week period during which prices swung sharply on conflicting reports about mining output in the Democratic Republic of Congo. Clarifications from Glencore and Chinese mining companies operating in Lualaba Province confirmed…
Iron ore prices on the Singapore Exchange dropped below $95 per tonne, hitting their lowest level in 11 months as Beijing’s renewed mandate to cap 2026 crude steel output undermines demand from the world’s largest consumer. Chinese mills cut hot metal output by an estimated 4% over the past month,…
Lithium carbonate prices jumped 12% over the past two weeks, climbing to roughly $16,800 per tonne as battery manufacturers race to secure feedstock for a wave of new electric vehicle and grid-storage capacity coming online in late 2026. Traders point to a combination of project delays in Argentina’s lithium triangle,…