LME base metals have looked tired, having lost their upward momentum in the past few days, but underlying support looks plentiful, with all the base metals on the SHFE being in positive territory this morning, Wednesday June 9.

With the exception of tin that was perched just below recent multi-year highs and aluminium that was little changed, base metals prices on the London Metal Exchange were weaker this morning, Tuesday June 8.

Physical commodities trading company Trafigura Pte Ltd and agricultural commodities firm Yara International ASA have signed a memorandum of understanding (MoU) to collaborate on the development and promotion of ammonia as a clean fuel in shipping, Trafigura said.

Base metals prices on the London Metal Exchange were mainly lower this morning, Monday June 7, after the rally sparked by Friday’s worse-than-expected US employment report ran out of steam.

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were generally weaker on Thursday June 3 morning, although nickel bucked the trend on both exchanges.

As demand for battery raw materials grows, economic conditions and supply constraints are driving prices higher while labor shortages could affect the development of new lithium projects, Fastmarkets heard.

Technology entrepreneur Elon Musk once described the ongoing use of fossil fuels and their generation of a vast carbon footprint as “the dumbest experiment in human history.”

Peak Resources will build the UK's first rare earths refinery after the Australia-listed mining company took out a £1.85-million ($2.63 million) lease on a production site in Redcar on the River Tees in North Yorkshire, England.

Copper's price is trading at all-time highs - and now the countries where it is mined the most want a piece of the action.

With prices on the rise again, we look at how the lithium market has developed since the last significant price rises in 2017/18.