Critical Minerals Supply Crisis Call Signal: Multi-Billion Dollar Funding Wave of Global Development

View: Source Platinum group metals markets are experiencing significant supply deficits of approximately 500,000 ounces annually for both platinum & palladium, representing 5% of total market demand, while recent price performance shows platinum gaining 33% and palladium 12.5% since May driven by genuine physical demand from Asian markets. Export restrictions on rare earth elements from dominant producing nations have fundamentally altered …

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HSBC raises platinum and palladium price forecasts for 2025 and 2026

View: Source HSBC has raised its average price forecasts for platinum and palladium for 2025 and 2026, citing strong underlying fundamentals, according to a note dated July 22. It raised its average price forecasts for platinum to $1,215 an ounce (from $1,030) for 2025, and to $1,445 an ounce (from $1,310) for 2026. Palladium average price forecasts were raised to $1,100 …

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Ontario ‘scales up’ Critical Minerals Innovation Fund to strengthen mining supply chain

View: Source The provincial government is providing $7 million for a new round of the Critical Minerals Innovation Fund (CMIF). It’s meant to help strengthen and secure mining supply chains so they’re not so dependent on the United States. Politicians and stakeholders were at Science North in Greater Sudbury on Wednesday when Minister of Energy and Mines, Stephen Lecce, announced the launch of the new …

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EU hails progress on China’s rare earth curbs but insists trade be rebalanced

View: Source After a one-day summit in Beijing, the European Union insisted on the need to immediately rebalance trade relations with China. The European Union announced on Thursday a tentative agreement with China to alleviate restrictions the country had placed on critical exports of rare earths, which had caused alarm across the bloc and threatened to paralyse entire industries. The stringent …

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Precious Metal Prices Surge Amid Geopolitical and Economic Uncertainty

View: Source Platinum saw a 28% price surge in June, marking its strongest monthly gain in decades, driven by supply concerns and investor interest. Palladium jumped 19% amid shifting sentiment and output cuts, though its long-term demand faces pressure from the EV transition. Silver climbed nearly 8%, nearing a 13-year high, while gold remained stable around $3,300 amid Fed uncertainty and …

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Indonesia to remove US critical minerals export restrictions

View: Source Indonesia has agreed to eliminate tariffs on more than 99% of U.S. goods and scrap all non-tariff barriers facing American firms, while the U.S. will drop threatened tariffs on Indonesian products to 19% from 32%, the two countries said on Tuesday. Trump hailed the deal, which he first announced on July 15, in a posting on his Truth Social …

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Platinum market’s ‘deep’ tightness shows little sign of relief

View: Source The platinum market has tightened to unprecedented levels in the past few days as tariff fears and speculative buying pull metal from the key London and Zurich markets into warehouses in the US and China. Following a record rally last month, spot prices have soared to fresh all-time highs and the implied cost of borrowing the metal for one month …

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How China came to rule the world of rare earth elements

View: Source This is a satellite image collected on Nov. 13, 2012, of the Maoniuping Mine, one of China’s largest rare earth elements mines, located near Mianning, Sichuan province, China. DigitalGlobe/Maxar via Getty Images Deep in an underground, World War II-era vault on the outskirts of Frankfurt, Germany, investment manager Louis O’Connor guards his firm’s most valuable assets. The treasure inside? …

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Who Controls Critical Minerals: A New Paradigm of Ownership Emerges

View: Source Neither the US nor China can power their economies from domestic mineral production alone, and both parties are jockeying to source critical minerals such as copper, lithium, cobalt, nickel, and rare earth elements from developing and emerging countries. The demand is almost insatiable: for example, it is estimated that we may need as much copper in the next 20 …

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China Stops Most Antimony Exports But Rare Earth Sales to US Soar

View: Source China’s crackdown on the smuggling and trans-shipment of critical minerals hit exports of antimony and germanium in June even as rare earth magnet shipments jumped sharply thanks to a deal with Washington. China’s trade of critical minerals and rare earths remained mixed in June with a near-collapse in exports of antimony and germanium despite a significant revival in shipments …

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