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Global Commodity News
Gold Prices Hit Record High Over $3,000 Amid Geopolitical Tensions
Gold Surges Past $3,000 as Global Uncertainty Rises
Gold prices soared past the historic $3,000 per ounce mark on March 19, 2025, driven by escalating geopolitical tensions and economic uncertainties. The surge comes as investors seek…
Indonesia Grants Freeport Indonesia a Six-Month Permit to Export Copper Concentrate
Indonesia has granted Freeport Indonesia a six-month permit to continue exporting copper concentrate. This decision provides temporary relief for one of the world’s largest copper producers. The move comes amid regulatory changes in…
Russia’s Ambitious Lithium Production Plan: A Game Changer for the Global Market
Russia plans to launch large-scale lithium production by 2030 to establish itself as a major global supplier. As the demand for lithium in the electric vehicle (EV) and renewable energy sectors continues to rise, this initiative becomes…
Zambia’s Environmental Disaster: Acidic Waste Spill Devastates Kafue River
In a tragic environmental catastrophe, a massive acidic waste spill from a Chinese-owned mine in Zambia has severely contaminated the Kafue River, a crucial water source for millions of people. The spill, which occurred on February 18,…
Australia’s $750 Million Response to U.S. Tariffs on Steel and Aluminum
In response to the recent imposition of 25% tariffs on Australian steel and aluminum by the United States, Prime Minister Anthony Albanese has announced a $750 million subsidy package to support these vital industries. This move is part of…
Global Trade Tensions Escalate as U.S. Imposes Steel and Aluminum Tariffs
On March 12, 2025, the United States imposed a 25% tariff on all imported steel and aluminum products, sparking renewed global trade tensions. The tariffs, implemented under the leadership of former President Donald Trump, extend to…
Petratherm Advances Titanium Exploration in South Australia with New Drilling Campaign
Adelaide-based mineral exploration company Petratherm is making significant strides in its titanium project at Muckanippie, South Australia. Following promising initial drilling results, the company has secured new funding to advance…
Greenland’s Independence Movement and the Battle Over Its Mineral Wealth
Greenland, an autonomous territory under the Kingdom of Denmark, has long been at the center of geopolitical and economic discussions due to its rich mineral reserves. As the island prepares for its general election on March 11, 2025, the…
These Stocks Are Getting a Boost from the Latest Twist in Trump’s Plan to Tap Mineral Wealth
In a bold move to secure America’s mineral independence, former U.S. President Donald Trump has announced new initiatives aimed at increasing domestic production of critical minerals and rare earth elements. This development has led to a…
China’s Modest Economic Stimulus and Its Impact on Commodities
China, the world's largest consumer of commodities, has set a moderate economic growth target of 5% for 2025, mirroring its 2024 objective. This cautious approach, unveiled during the country's annual parliamentary meeting, signals a…