Sat.Jun 07, 2025

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A Major Copper Crunch Is Looming

OilPrice

Copper has become an essential building block in modern construction and energy. In the coming years, the global demand for copper is expected to increase significantly as it is used more widely for renewable energy projects and transmission. The Australian mining major BHP expects the demand for copper to grow by around 70 percent, to 50 million tonnes, by 2050, as it is used more widely for a range of applications.

Energy 314
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'Bitcoin Family' hides crypto codes etched onto metal cards on four continents after recent kidnappings

CNBC: Energy

After a wave of crypto kidnappings, the “Bitcoin Family” replaced its old security system with a decentralized, analog setup spread across four continents.

IT 139
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China's Export Restrictions Jolt Rare Earths Global Automakers Warn

OilPrice

Via Metal Miner The Rare Earths MMI (Monthly Metals Index) found more price stability month-over-month. As a result, it moved sideways, with only a 0.81% increase. Despite this, the short-term outlook for rare earths remains uncertain. Chinese export restrictions jolted prices in H1 of 2025 and fractured long-running supply lines. Shortly after, global automakers warned that Beijing’s April curbs on alloys and magnet exports “could cause production delays” without fast relief.

IT 332
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Canada's Oil Sands Emissions Intensity Falls for Sixth Year

Rigzone

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Oil 52
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U.S. Electric Vehicle Adoption Plummets

OilPrice

Just 16% of American drivers say they are likely to buy an electric vehicle (EV) as their next car—the lowest share recorded in AAA’s annual surveys since 2019. High battery maintenance costs, high purchase prices, and concerns about range continue to be major deterrents for U.S. consumers to consider buying an EV, according to AAA’s latest survey released earlier this month.

Drivers 346
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Morgan Stanley upgrades this mining stock as best pick to play rare earths

CNBC: Energy

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Nuclear Watchdog Meeting Sparks Tensions With Iran

OilPrice

Iran has vowed to take strong action against Western nations pushing a resolution at a quarterly meeting of the UN nuclear watchdog that would find the Islamic republic in noncompliance with its safeguards obligations for the first time in 20 years. In a June 6 post on X, Iranian Foreign Minister Abbas Araqchi slammed Britain, France, and Germany -- collectively known as the E3 -- for "falsely accusing Iran" of violating its obligations and claimed the move was "designed to produce a crisis.

IT 281

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The Autonomous Vehicle Race Has Well and Truly Begun

OilPrice

After several successful pilot projects, several cities across the United States are aiming to roll out more self-driving vehicles in 2025. Multiple automated car companies have announced new projects for this year. For decades, self-driving or automated vehicles (AVs) seemed like some futuristic technology that would be impossible to actually create.

IT 182
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Beyond Tweets: How the Trump-Musk Feud Could Reshape US Politics and EVs

Crude Oil Futures

The feud between the world's most powerful man, President Trump, and the richest man, Elon Musk, dramatically escalated on Thursday this week, taking both their loyalists and critics by surprise. While the intensity of the exchange was unexpected, the underlying policy disagreement over federal taxes and public spending, specifically President Trump's " Big and Beautiful " bill, had been brewing for some time.

Casing 49