Li-Cycle has entered into a $10.5 million debtor-in-possession financing and a stalking horse credit bid for at least $40 million with Glencore.

Over 20,000 tonnes of lithium concentrate from the Bougouni mine in Mali are ready for delivery, but export is stalled due to permit issues.

For palladium, robust growth in Chinese automotive recycling will boost secondary supply by 4%, it says.

David Hammond will rejoin Morgan Stanley later this year as a managing director focused on metals, mining and basic materials.

Pullback comes despite Chinese copper inventories falling by 60% in a single month.

Cobalt demand is set to hit 400,000 tonnes by the early 2030s, up from 222,000 in 2024.

A mountain of scrap metal in Salt Lake City that had been growing in recent weeks is finally set to shrink, thanks to the US-China trade truce.

The chart of SPX and gold shows that volatility was hard-wired into a macro market situation that had been relatively normal prior to August 1971.

Bullion has now declined 9% from its high of $3,500 last month amid elevated trade war fears.