Hints and tips:
Related Special Reports
...shortage of copper because of a lack of new mines under development — even as demand is set to almost double to 50mn tonnes per year by 2035 because of the boom in renewables, EVs and AI — according to S&...
Abu Dhabi group’s Mopani approach comes as S Africa’s Sibanye-Stillwater vies to take on facility
...“The die is cast for China to come in and trump BHP’s offer with relatively little resistance from the South African authorities,” said John Meyer, a mining analyst at S&P Angel....
...Adjusted earnings before interest, taxes, depreciation and amortisation fell 50 per cent to $17bn, as 2022’s bumper earnings from coal returned to more normal levels, while weak markets for cobalt, nickel...
...The move against Russian metals follows the G7’s campaign to curb Moscow’s revenues from crude and petroleum exports, including through a price cap on seaborne oil trades involving western shipping servicers...
...S&P Global and Hamburg Commercial Bank’s Germany construction purchasing managers’ index for December showed a sector deep in contraction at the end of 2023 with a “bleak outlook” for 2024....
...Laurent Ruseckas, executive director for gas at S&P Global Commodities, says that while gas has an important role to play in helping developing nations in Asia meet their growing power demand, pricing remains...
...Zambia’s debt impasse epitomises the failure of the G20’s “common framework” process, intended to smooth debt restructurings in the world’s poorest countries, as clashes between official and private creditors...
...Toronto and Sydney raised $44bn and $36bn, respectively, for mining groups in the previous five years up to the end of 2022, according to S&P Global Intelligence, versus less than $5bn in London over the...
...Joanna S Kao And what’s behind this drop? Sun Yu There are a few reasons....
...“It’s almost as if we’re being penalised . . . for having done well,” said Manuraj S, a DMK spokesperson....
...“There are inconsistencies in the data set that was just released,” noted Louis Kuijs, head of Asia economics at S&P and a former World Bank economist in China....
...“Only two months ago, expectations for 2024’s copper market were decidedly downbeat,” said Colin Hamilton, managing director of commodities research at BMO....
Reko Diq has potential to be one of world’s biggest suppliers of metal needed for energy transition
...An interview with foreign minister S Jaishankar by YouTuber Ranveer Allahbadia, known as “BeerBiceps”, has racked up 8.7mn views since June....
...BHP, Rio Tinto, Glencore, Anglo American and Vale have an average price to forward earnings ratio of 8.5 times versus 18.5 for the S&P 500, according to S&P Capital IQ and Refinitiv....
...Then, he slashed headcount from 160,000 people to 90,000 and strengthened a balance sheet bloated with debt during 2015’s brutal commodity market downturn....
...“This is really irrational exuberance of 2021-22 reversing rather than some kind of massive doom and gloom setting in,” said Benjamin Hoff, global head of commodities research at Société Générale....
...ever greater as the world goes green, resulting in it being dubbed the “metal of electrification”, with forecasts that it will double to a 50mn tonne market by 2035 compared with 2021 levels, according to S&...
...If last season’s shows were all about dressing for the supermarket run (think grey-marl hoodies and knickers peeking under unbuttoned coats, à la Bridget Jones), then SS24’s shows offered further style hacks...
...Economic data: S&P Global/Cips final November manufacturing purchasing managers’ index is due for the EU, France, Germany, Italy, Japan, UK and US....
...The move to target a Dubai-based oil trader marks an escalation of the UK’s sanctions regime at a time when the G7’s price cap on Russian oil has become less effective....
...Here’s what else I’m keeping tabs on today: Economic data: Brazil and South Africa release third-quarter gross domestic product figures, while S&P Global/Cips data for November on the services purchasing...
...The Kremlin did not immediately respond to a request for comment on the G7’s proposals....
...Antony Blinken, US secretary of state, and Sullivan had also raised it with S Jaishankar, India’s foreign minister, in Washington, the US official added....
International Edition