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Fortescue Metals (OTCQX:FSUMF) said on Friday it signed an agreement with nonprofit Industrial Park at TransAlta in Washington state to evaluate ways to convert a former coal mine into a green hydrogen production facility, Dow Jones reports. Fortescue (OTCQX:FSUMF) said it wants to repurpose ...
Chinese iron ore futures plunged as much as 7% on Tuesday to their lowest levels in nearly two months, as demand has been slammed by China's lockdowns while supply from major miners continues. The most-active iron ore futures on China's Dalian Commodity Exchange (SCO:COM) closed -4.1% 779 yua...
Copper and aluminum prices fell to three-month lows on Tuesday, on worries over softening demand in light of slowing manufacturing activities in China and the U.S., along with a stronger dollar, expected interest rate hikes in the U.S., and the war in Ukraine, which is pushing up energy price...
Rio Tinto (NYSE:RIO) -3.7%, BHP (NYSE:BHP) -4.2% and Vale (NYSE:VALE) -4.3% pre-market as iron ore on the Dalian commodity exchange in China and the Singapore futures exchange both plunged as much as 11% Monday to the lowest in a month on rising fears that the COVID-19 lockdown that has ...
EV adoption is accelerating as governments and corporations work towards meeting climate change-related emissions reduction targets. Industry forecasts have EVs reaching a 36% penetration rate by 2030, representing a $1.4 trillion opportunity. Original equipment manufacturers (OEM...
Many of the trends are impacted by the current Russia-Ukraine war and the need for the West to become independent from Russia. Top 5 trends for 2022 and beyond: Rapid adoption of EVs and a huge demand wave for EV metals. Renewable energy and energy security & independence. Bas...
Benchmark iron ore futures in China jumped 4% on Wednesday, Reuters reports, hitting their highest level in more than eight months, as trading resumed after a holiday break. Most-active iron ore futures on the Dalian Commodity Exchange (SCO:COM) rose as much as 4.1% to 945 yuan/metric ton ($1...
Iron ore prices extend their recent rally, as markets expect robust restocking demand in China when COVID-19 restrictions are lifted, Mining.com reports. The most-traded Dalian iron ore (SCO:COM) for September delivery ended daytime trade +3% at 895 yuan/metric ton ($140.90) after touchi...
German energy producer E.ON (OTCPK:EONGY) and Australia's Fortescue Future Industries (OTCQX:FSUMF) say they signed a memorandum of understanding to jointly supply and distribute hydrogen from renewable sources in Europe, as the continent seeks to reduce its dependency on Russian energy. E.ON...
DTH invests in high yield stocks of developed countries excluding North America. More than half of asset value is in Japan, the U.K. and Australia. It is heavy in financials, materials and communication. Inflation-adjusted total return after tax since inception is close to fla...
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NEW YORK, July 29, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated financial markets for 12,000 U.S. and global securities, today announced the second quarter 2022 performance and quarterly rebalancing of the OTCQX® and OTCQB® indexes, incl...
Iron is one of the most important commodities in the world. It's the largest global metals market as the economy uses more iron by volume than any other metal. That's because it's a crucial ingredient in making steel, which is in everything from buildings and bridges to pipelines and applian...