Indonesia may slash nickel output to steady prices

Nickel smelter in Sorowako, Indonesia. Credit: Marcelo Coelho, courtesy of Vale View: Source Indonesia, the world’s top nickel producer, might reduce production by one-third in 2026 to keep prices from declining further. In its 2026 Work Plan and Budget, the Indonesian government is proposing a 34% reduction in production from this year’s total to 250 million tonnes next year, the Shanghai …

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Copper Prices Surge Toward $12,000 on AI Demand and Supply Chaos

View: Source Copper prices hit record highs, fueled by a “perfect storm” of supply disruptions, high demand from AI data centers and the energy transition, and a market distortion caused by U.S. trade policy fears. Major financial institutions are aggressively revising their forecasts, with Citi predicting copper could reach $15,000 per ton by the second quarter of next year due to …

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Silver Is at an All-Time High. This ETF Lets Investors Capture the Momentum

View: Source This silver ETF has climbed over 110% in 2025 but could go much higher. Silver keeps climbing. The price of the precious metal has surged in recent weeks, hitting an all-time high of $64.66 per ounce on Dec. 12, 2025. Silver has now logged nearly 113% gains in 2025, as of this writing. It’s a prime opportunity for investors …

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Turkey considers new authority to oversee critical minerals, rare earths

View: Source Turkey is considering the creation of a new critical minerals authority to assess and manage its rare earth and strategic mineral resources as global competition over supply chains intensifies, a senior mining sector representative told the state-run Anadolu news agency. İbrahim Halil Kırşan, chair of the Turkish Union of Chambers and Commodity Exchanges (TOBB) Mining Council, said the prospective …

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BofA doubles down on gold, calling the pullback a pause on the road to $5,000

View: Source Gold has spent weeks consolidating in the $4,200 to $4,300 range, but Bank of America views it as more of a breather than a ceiling. Clearly, gold’s 2025 run has been insane. The shiny yellow metal started the year near $2,630/oz, and is currently trading at $4,282/oz, leaving it up roughly 63% year-to-date, its best performance since the late 1970s. That …

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Brazil’s Minas Gerais state outlines strategy for rare earth projects

View: Source The state government of Minas Gerais is mapping out strategies to increase the attractiveness of rare earth projects amid growing interest in the segment. Brazil holds the second-largest volume of rare earth reserves in the world, behind only China. A large part of these reserves is in Minas Gerais, more precisely in the city of Poços de Caldas, in the southwest of the state, …

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EU’s critical minerals strategy: €3 billion boost amid industry risks

View: Source On Wednesday December 3, the EU unveiled its ReSourceEU Action Plan, providing new guidance on critical raw materials supply, with a renewed emphasis on defense and $3.5 billion in funding for the coming year. Key takeaways: EU launches €3 billion plan to boost critical minerals sector and address supply chain risks. Stockpiling and public-private partnerships are central to the …

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Indonesia-US critical minerals trade talks face challenges over China ties

View: Source Since the agreement in July, which set a 19% tariff rate, the US has reportedly been pressing Indonesia to accept terms that may limit its engagement with China. Indonesia’s trade deal with the US is at risk of collapsing, with Jakarta reportedly backtracking on some commitments it made as part of the agreement reached in July. Commitments that Indonesia …

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Silver will hit triple digits in 2026 as bull market just started, analysts say

View: Source Silver prices have climbed to new heights in 2025, with the precious metal more than doubling in price and beating out gold’s performance in what experts are calling a historic rally. The metal reached $62.88 per ounce on Wednesday, marking an all-time high. By the end of trading, silver was changing hands at roughly $61.96 per ounce. Just one …

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Britain ‘seeking a quarter of global lithium’

This Image Triangle of Sacrifice / Sonandes (BO): Guely Morató Loredo (BO), Víctor Mazón Gardoqui (ES). “This work bears witness to the environmental impact of lithium mining in the Andes, home to 65 per cent of global reserves. It consists of a durational installation with three sculptures carved from local minerals, monitored in real-time and exposed to a water-dropping mechanism …

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