Copper Rebounds as China Industry Group Calls for Stockpiling

Copper rebounded as a metals selloff led by silver and gold eased and a state-backed industry group called for China to boost its strategic reserves of the crucial industrial metal. China should expand the size of the reserves and also work with major state-owned producers to boost commercial stockpiles, according to the China Nonferrous Metals Industry Association, which held an …

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The Global Economic War for Rare Earths

 The rare earth industry has stopped being a supply chain and started behaving like a lever of power. In a recent Critical Minerals Institute (CMI) Masterclass, Melissa “Mel” Sanderson framed the moment with the kind of blunt historical bookends that turn policy talk into something closer to strategy: in 2011, she argued, “today began” when China curtailed Japan’s access to rare earths—an early …

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Trump Launches $12 Billion Strategic Mineral Stockpile To Counter China; Rare Earth Stocks Jump

The Trump administration is preparing to launch a major initiative aimed at protecting US manufacturers from disruptions in the supply of critical minerals, committing about $12 billion in initial funding to build a strategic stockpile of essential materials, according to Bloomberg. The project, known as Project Vault, is designed to reduce America’s dependence on China for rare earths and other strategically important metals. By creating …

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Gold and silver prices open lower but begin to regain ground after huge sell-off

Commodities markets opened the week lower, after a gold and silver sell-off triggered by Donald Trump announcing his pick to chair the Federal Reserve. The precious metals sell-off has caught the market largely by surprise, as gold and silver have consistently broken new records since the start of the year. Gold is trading down 2.3 per cent to $4,787 an …

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