Precious metal hits highest level in nearly 2 months as investors track Middle East risks, US CPI data. Silver jumped 7% to near $86 an ounce on Monday, rebounding from earlier losses to reach its highest level in nearly two months as investors monitored stalled US-Iran negotiations and rising geopolitical risks in the Middle East. The precious metal climbed as …
Continue ReadingWestern defense secretaries and technology executives should keep a map pinned above their desks. It would show the global distribution of rare earth deposits, the 17 elements that make electric vehicles run, wind turbines spin, fighter-jet guidance systems lock onto their targets, and smartphones come to life. On that map, one color would dominate, the red of China. China controls …
Continue ReadingThe Philippine nickel sector is itching for a bigger slice of the global critical minerals pie as the world’s appetite for battery metals goes into overdrive, the Philippine Nickel Industry Association (PNIA) reports. Manila is positioning itself as the go-to alternative for international markets desperate to break their reliance on a handful of dominant suppliers. The stakes could not be higher. …
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