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 …

Continue Reading

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, …

Continue Reading

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 …

Continue Reading