Iron Ore

Iron ore prices go ballistic as metals boom

A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business)As investors place bets on the economic recovery, there's a new frenzy that's taken over markets. Around the world, there's a rush to buy metals. What's happening: China's benchmark iron ore futures rallied an eye-popping 10% to a record high on Monday. "The demand picture in China is very buoyant," Warren Patterson, head of commodities strategy at ING, explained. Outside China, the economic situation is...
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The Role of Critical Minerals in Clean Energy Transitions – World Energy Outlook Special Report

Minerals are an essential component for many of today’s rapidly growing clean energy technologies – from wind turbines and electricity networks to electric vehicles. But ensuring that these and other key technologies can continue to rely on sufficient mineral supplies to support the acceleration of clean energy transitions is a significant and often-ignored challenge. Debates around energy security have traditionally focused on oil and natural gas supplies – and more recently on electricity. But as energy transitions gather pace, policy makers need to expand their horizons to include new potential...
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