This Month
Energy crisis puts rocket under base metal prices
Energy shortages in China and across Europe have led to output cuts across the base metals sector, driving prices to record levels.
- Alex Gluyas
IMF warns energy crisis could handicap growth
With the potential for inflation to persist as energy prices remain elevated, the IMF adds to pressure on global growth.
- Updated
- William McInnes
Dramatic US coal boom seen as ‘short-lived’
US power plants are on track to burn 23 per cent more coal this year, the first increase since 2013, and demand is seen stronger into 2022.
- Will Wade
Net zero will be a bonanza for Australian minerals, says IMF
According to the International Monetary Fund, four key resources are going to put a rocket under Australia’s economic growth.
- Matthew Cranston and Ronald Mizen
Iron ore’s incredible rebound could be short-lived
Iron ore is back above $US135 a tonne, but the factors that drove it into a bear market are still raging in the background.
- William McInnes
Copper bulls get an electric shock
Speculative positioning has pulled back to pre-pandemic levels, though prices remain about 50 per cent higher than at the end of 2019.
- Mark Burton and Jack Farchy
Energy crunch could lift oil to $US100 a barrel
Concerns over surging demand and supply shortages have pushed US oil futures contracts to $US80 a barrel for the first time since 2014.
- Alex Gluyas
Soaring gas prices add to energy, inflation crisis
Inflation expectations in Europe are sitting at their highest levels since the global financial crisis, with prices for gas, thermal coal and crude oil at multi-year highs.
- William McInnes
OPEC+ decision worsens energy crisis
OPEC and its allies will stick with planned modest production increases in the middle of an energy crisis, threatening the global economic recovery.
- William McInnes
OPEC+’s steady-as-she-goes approach alarms oil market
Oil is now joining natural gas, coal and a host of other vital commodities in a rally that threatens to upend the world’s recovery from the COVID-19 pandemic.
- Grant Smith, Salma El Wardany, Javier Blas and Dina Khrennikova
Gupta’s key smelter at risk as private equity seizes shares
GFG said the company will defend its position and will continue operating the aluminium smelter in Dunkirk, France.
- Irene García Pérez and Eddie Spence
Soaring energy prices suddenly the new normal
Rallying energy prices reveal a structural weakness in the market, with a lack of investment in gas, coal and oil constraining supply as demand ramps up.
- William McInnes
September
Rio Tinto may eventually process critical minerals, CEO Says
Rio Tinto’s boss sees “some opportunities” related to the byproducts of its copper mining operations.
- Joe Deaux
Energy crisis stokes inflation fears, bond sell-off
A rise in energy prices is challenging the dominant narrative that an increase in inflation is transitory.
- William McInnes
Natural gas prices soar in the US on scarcity fears
Storm-related supply disruptions have compounded concerns about slow output growth as drillers heed investors’ calls for financial restraint.
- Gerson Freitas Jr
Plenty of fuel left in oil rally as prices hit 3-year highs
A deepening deficit across oil markets caused by tightening supply and booming demand saw Goldman Sachs upgrade its forecast to $US90 a barrel.
- Alex Gluyas
Evergrande gives iron ore temporary reprieve
A spike in demand and renewed market confidence in the Chinese property sector has pushed iron ore back above $US100 a tonne.
- William McInnes
Iron ore could drop to $US70 a tonne, Bank of America
Prices for the steel-making material could further collapse as the rebound in global growth moderates and China intensifies its effort to curb emissions.
- Timothy Moore
$US90 iron ore sinks ASX with no sign of stability
The damage from iron ore’s correction extended into Monday’s trade as strategists noted the surprising speed at which the commodity is falling.
- Alex Gluyas
Panic selling sets in as iron ore collapses
The rapid pace of iron ore’s decline has weighed on the major miners, leaving some investors to head for the exits.
- Alex Gluyas
