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...“There have been a range of reasons for the all-time high gold prices, however, they nearly all come back to the fact that gold is a stable investment,” says Rick Kanda, managing director at The Gold Bullion...
...As we make the transition to green energy all those wind turbines, electric car batteries, and transmission lines are really going to need a lot of metals....
...He has traded precious metals for about 50 years, but has never seen a gold rush like this: the price of a troy ounce, the unit used to weigh precious metals that dates to the Middle Ages, hit an all-time...
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...hoping to extract rare earths — a set of 17 minerals key to clean energy technologies — from the chalky stacks outside the safari park, as the US seeks to challenge China’s runaway lead in accessing the metals...
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...“But we don’t have all the kinds of minerals that we need for our future initiatives.”...
...One option is to find cleaner ways to make the steel, including electric arc furnaces to recycle scrap metal and direct reduction facilities....
...Matthew Bartolini, head of SPDR Americas research at State Street Global Advisors, believed the procyclical switch was logical....
...Luxury custom-made, hand-finished metal furniture and lighting company Novocastrian, based in Newcastle, states proudly on its website: “We are the sons and daughters of the Northern shipbuilders and coal...
...The metal is heavily used in renewable energy projects and electric vehicles....
...It went on to say that it made sense for Tesla to incorporate in the Lone Star State because “Tesla is all-in on Texas” because Tesla is “intertwined with our Texas corporate headquarters.”...
...“The demand for metals and materials is poised to surpass all prior estimates,” it said....
...Gold funds accounted for the bulk of this, shipping $13.5bn, the second-worst tally ever, while broad commodity vehicles shed $3bn, an all-time high....
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...A version of this article was first published by Nikkei Asia on April 19 2024. ©2024 Nikkei Inc. All rights reserved....
...All now charge $35 to check a first bag online. All except Delta charge $40 or more to check that bag at the airport....
...“Based on today’s policy settings alone, almost one in three cars on the roads in China by 2030 is set to be electric, and almost one in five in both the United States and EU....
...President Gabriel Boric for the government to assume control of the battery metal’s production....
...Hong Kong-listed shares of China’s second-largest lithium producer have fallen 17 per cent over the past year under pressure from plunging prices of the metal....
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