President-elect Donald Trump nominated Chris Wright, who runs a Colorado-based oil and natural gas fracking services company, to lead the Energy Department.
Donald Trump’s US presidential election win has not sparked a repeat of the explosive copper rally which followed his unexpected victory in 2016.
China and Indonesia signed deals worth $10 billion at the Indonesia-China Business Forum in Beijing on Sunday, spanning sectors including food, new energy, technology, and biotechnology, Chinese state media reported.
China’s central bank refrained from purchasing gold for its reserves for the sixth consecutive month in October, according to official data released on Thursday.
Gold prices fell 2% overnight after Donald Trump won the United States presidency in an election victory that swept across the nation with more support than his 2016 win.
Gold is soaring as one of the most closely contested US elections in modern history spurs a rush to haven assets, and many investors see further gains ahead. Bullion shot to fresh records this week, and prices are on course for their best year since 1979. Central banks and Chinese buyers initially led the charge,...
Iron ore futures were range-bound on Wednesday, as concerns over steel demand in top consumer China ignited by the European Union’s decision to hike tariff on Chinese electric vehicles countered prospects of more fiscal stimulus from Beijing. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 0.38% higher at...
Saudi Arabia is in the advanced stages of talks about a stake in a copper mine in Zambia and is expecting a deal by the end of the year, the CEO of Saudi Arabia’s flagship mining company Ma’aden told Reuters on Wednesday. “We are looking at Zambia, we are talking with a company there, with...
The move reflects the growing realization in Washington that efforts to combat climate change will be moot unless the US boosts its production of lithium, cobalt, and other critical minerals and curbs reliance on China and other overseas rivals. Washington last December issued proposed rules for manufacturers to access the so-called 45X tax credit, created...
India’s trade minister on Saturday said the country has sought a critical mineral partnership agreement with the United States as he hopes for talks on a broader trade pact between the two nations.