Commodities
Four famous commodity experts whose opinion matters
July 16, 2021 11:36 AM PDT| By Team Kalkine MediaSummary Analysts actively evaluate and give their recommendations to buy or sell or hold a stock On a broader scale, there are two types of analysts – buy-side and sell-side. Buy side analysts research companies to zero in on investment .....
Oversupply fears drag Crude oil prices; 3 ASX oil stocks under lens
July 16, 2021 03:17 AM PDT| By Nitish KumarSummary OPEC and U.A.E reached a truce when latter’s demand to boost oil supply got a nod from the member nations. Oil prices slipped amidst fear of an increase in supply; WTI futures dropped to ~US$71/bbl while Brent August contract trad.....
What is Lachlan Fold Belt and who are the major operators there?
July 15, 2021 09:41 PM PDT| By Team Kalkine MediaSummary The Lachlan Fold Belt (LFB) is located in New South Wales and is deemed one of the most sought-after mining regions in Australia. The region has a high potential for porphyry copper-gold deposits, and its prospectivity is only increasin.....
AEMO Chief eyes 100% green energy by 2025
July 13, 2021 09:30 PM PDT| By Nitish KumarSummary AEMO head has put forward an ambitious goal of reaching 100% grid capacity through renewables by 2025. Good wind speed and bright and sunny days throughout the year are considered to be the biggest threat to the goal In the last two mo.....
Which cryptocurrency has highest trading volume?
July 13, 2021 03:00 PM PDT| By Team Kalkine MediaWhen cryptocurrencies were at peak levels, many new and old investors pumped in funds into them. As a result, experiments like trading art pieces and Zed runs, or digital horse races have been quite popular this year. But, now cryptocurrency tradin.....
What is Lithium Triangle, and who is buying from there?
July 12, 2021 11:52 PM PDT| By Team Kalkine MediaWith the ever-increasing utilization of electric vehicles (EVs) and trucks, in addition to the large numbers of battery-powered portable electronic gadgets powered by lithium-ion batteries (LIBs), it is no big surprise various miners have directed .....
Coal project hits a roadblock amidst optimistic market situation
July 10, 2021 08:06 AM PDT| By AkshaySummary As per the Australia energy and resources quarterly June edition, the Australian metallurgical coal exports are anticipated to rise from 171 million tonnes in 2020-21 to over 186 million tonnes by 2022-23. In response to a Catholic nun&.....
Which are the booming applications of copper?
July 06, 2021 08:51 PM PDT| By Anam SiddiquiSummary Copper, the second most conductive element, is exposed to supply risks amidst its growing demand in several fields. Due to its significant usage in electric vehicles and renewable energy production, copper plays a critical role in.....
All you need to know about battery metal lead
July 03, 2021 07:58 AM PDT| By AkshaySummary Lead is a bluish-white, dense metal, which is used in rechargeable batteries, alloys, bullets, and ammunitions. The Lead contracts traded at US2,319.5 a tonne on 30 June 2021 on the London Mercantile Exchange, gaining about 9% in less t.....
OPEC+ readies to boost production to meet global demand; ASX O&G shares in focus
July 01, 2021 09:34 PM PDT| By Nitish KumarSummary Saudi Arabia and Russia are in favour of adding 0.4Mbbl/day of crude oil from August 2021 to support the global demand. The benchmarks- WTI & Brent are trading above US$75/bbl as the OPEC+ meeting extends for the second day. UAE is.....
How is lithium mined, and why its mining is criticized?
June 30, 2021 08:34 PM PDT| By Team Kalkine MediaSummary The demand for lithium has surged significantly due to the high demand for lithium-ion batteries used in portable devices and electric vehicles. Lithium is primarily extracted from ore mining and salt deserts which are also known as sal.....
How is crude oil extracted?
June 29, 2021 07:13 PM PDT| By Nitish KumarSummary The earliest known oil wells were drilled in ancient China around 200-300 A.D. John D. Rockefeller, the first billionaire of the modern world, earned his fortune through the oil business. Oil and gas exploration uses modern and state-o.....
What is coking coal, and where is it used?
June 29, 2021 01:01 AM PDT| By Team Kalkine MediaCoking coal, generally known as metallurgical coal, is a naturally occurring sedimentary rock. When heated, coking coal creates coke, which is a key material for the production of ste.....
Why are crude oil prices on fire in 2021?
June 28, 2021 08:00 PM PDT| By Team Kalkine MediaSummary Crude oil prices have surged more than 84% in the past one year (as of 28 June 2021), on the back of robust economic recovery and accelerated COVID-19 vaccination. As demand comes roaring back, oil prices are expected to touch new highs.....
Which company owns the largest silver reserve in Australia?
June 28, 2021 01:12 AM PDT| By AayushSummary Australia is the seventh largest silver producer in the world and has an estimated reserve of around 90,000 tonnes. The largest silver mine in Australia is the Cannington underground mine, owned and operated by South32. The rising pric.....
Is euphoria around gold stocks short lived?
June 26, 2021 07:22 AM PDT| By Team Kalkine MediaInvestments in gold can be done by buying physical gold or exchange traded funds or stock in gold mining, refining, and production. Regardless of who the investor is, it is essential to diversify the portfolio. Especially in case of gold which is a h...
What are battery metals? Why is their demand growing?
June 21, 2021 06:47 PM PDT| By Team Kalkine MediaSummary The fastest-growing storage technology, batteries play a vital role in the low-carbon transition. The demand for battery metals such as lithium, nickel and cobalt has surged amid soaring demand for electric vehicles. These metals are u.....
What is copper and what is its strategic importance?
June 21, 2021 01:47 AM PDT| By Team Kalkine MediaSummary Copper or the red metal has wide applicability ranging from industrial uses to human health. The copper prices reached an all-time high of US$4.90 per pound in May 2021. Chile accounts for the largest copper production. CODELCO is the.....
London Metal Exchange’s Open Ring Trading Set to Reopen in September
June 09, 2021 07:19 AM PDT| By Suhita PoddarSummary London Metal Exchange, the world’s oldest marketplace for Industrial metals, is set to reopen the open-outcry trading floor on 6 September 2021. In March 2020, LME had decided to suspend the open outcry trading floor due to social.....
What are the factors that influence global crude oil prices?
June 03, 2021 10:44 PM PDT| By Team Kalkine MediaSummary Crude oil prices have grown more than 40% this year on the back of robust vaccination programs and global economic recovery. OPEC and its allies play a vital role in stabilising the crude oil prices. A potential US-Iran deal is expecte.....