View: Source Gold has held up remarkably well in recent weeks, despite markets regaining some composure and equities moving higher. What’s interesting, RBC says, is the “cognitive dissonance” in markets. Equities are rising, but so are gold allocations. Instead of seeing this as a contradiction, analysts argue that it shows gold working as intended, a strategic hedge, not just a panic …
Continue ReadingView: Source Japan’s Foreign Minister Takeshi Iwaya urged his Chinese counterpart Wang Yi on Thursday to ease Beijing’s export restrictions on critical minerals, including rare earth elements used in semiconductors, expressing “strong concern” over the negative impact of the curbs on Japanese firms. Iwaya, who met with Wang on the fringes of regional gatherings in Malaysia, also called on China to …
Continue ReadingView: Source Chinese exporters of some rare earths have rerouted their flows to skirt a ban on selling these commodities to the U.S., and now they enter the country from Thailand and Mexico, Reuters has reported, citing customs and shipping records. According to the records, while Chinese exports of antimony, a critical mineral that is used in batteries and microchips, to the …
Continue ReadingView: Source An acute copper supply squeeze is coming to an abrupt end as President Donald Trump’s plan to soon slap a 50% tariff on the metal narrows the window to profit from surging US prices. Key spreads on the London Metal Exchange — which had soared in late June as a rush to ship the metal to the US drained stockpiles — …
Continue ReadingView: Source Beijing’s long-term strategy pays off as Washington scrambles to respond, a new report finds. China is expected to maintain a strategic edge over the United States in the rare earth industry, thanks to Beijing’s long-term investments in advanced mining and processing technologies. In contrast, the US is paying the price for decades of underinvestment, obsolete policies and the absence of a …
Continue ReadingView: Source Mining stocks slipped on Monday, with Hochschild Mining PLC (LSE:HOC, OTCQX:HCHDF), Glencore PLC (LSE:GLEN) and Fresnillo PLC (LSE:FRES) all underperforming, pulling the FTSE 350 Mining index down by 1%. Industrial metals extended losses on the London Metal Exchange, led by copper fell 0.6% and aluminium. The downturn followed a Truth Social post by US President Donald Trump announcing a 10% tariff on imports from …
Continue ReadingView: Source The European Union plans to stockpile critical minerals as a precaution against potential supply disruptions due to geopolitical tension, the Financial Times reported on Saturday, citing a draft document by the European Commission. “The EU faces an increasingly complex and deteriorating risk landscape marked by rising geopolitical tensions, including conflict, the mounting impacts of climate change, environmental degradation, and …
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