04:29 PM @ 10/12/2024
The global battery raw materials (BRM) market faces challenges and opportunities for growth in 2025, with major factors including supply and demand dynamics, lithium-ion cell costs and the future of battery recycling. Global electric vehicle (EV) sales remain robust, and the ESS market is a standout with strong upside, while oversupplies remain in the cobalt market.SEE MORE03:51 PM @ 10/12/2024
Many lithium mines, led by Chinese operators, are maintaining production of the raw material needed for electric vehicle (EV) batteries, in defiance of prices weak enough to trigger mass output cuts - providing a boon for battery makers.SEE MORE03:13 PM @ 10/12/2024
In one of their most dovish statements in more than a decade, Chinese leaders signalled on Monday they are ready to deploy whatever stimulus is needed to counter the impact of expected U.S. trade tariffs on next year's economic growth.SEE MORE04:07 PM @ 09/12/2024
Vietnam’s state budget struggles to balance revenues and spending, with over VND 1 quadrillion ($41.67 billion) annually allocated to maintaining the administrative apparatus.
Vietnam’s fiscal landscape reveals a heavy strain on resources, with the bulk of state spending allocated to maintaining the administrative apparatus. This underscores the urgent need for streamlining government operations to optimize budget efficiency.SEE MORE04:38 PM @ 05/12/2024
Igor Sechin, the head of Russia's largest oil producer Rosneft, said on Thursday that the OPEC+ group's decisions to reduce oil output in 2016 and 2020 helped the U.S. shale industry and made it a leading global energy exporter.SEE MORE