China Poses “Increased Risk” to Battery Manufacturing – IEA | Montel News
China presents “elevated risk” to battery manufacturing – IEA | Montel News The growing concentration of critical minerals essential for battery manufacturing in China has raised alarms about the stability and security of global supply chains. The International Energy Agency (IEA) highlighted these concerns in its latest World Energy Outlook, where it outlined the potential […]
7 Stocks to Avoid in July with F Ratings
It’s a good time to consider how your portfolio’s doing now that we’re halfway through 2024. While the S&P 500 and the Nasdaq composite both show gains more than16%, the Dow Jones Industrial Average lags with a gain of only 4% for the year. It’s time to look for F-rated stocks to sell. When you’re […]
Gold (XAU/USD) Price Forecast: Mixed Signals from China Stabilize Gold Prices
Gold (XAU/USD) Price Outlook: China Sends Mixed Signals Keeping Gold Prices Steady Most Read: Markets Weekly Outlook – ECB to Deliver 25 bps Rate Cut? Bank Earnings in Focus Gold prices held steady this morning as weak Chinese data renewed market concerns and led to a risk-off start to the week. The Chinese data is […]
ASML Shares Decline Amidst Weak Guidance and Decreased Orders
ASML () shares fell for a second day in a row after its third-quarter earnings revealed lower-than-expected new orders and a weaker revenue forecast for 2025. Shares in the Netherlands-listed company, which supplies semiconductor equipment to Samsung, Intel and TSMC, lost over 15% on Tuesday after the figures were released and fell more than 4% on Wednesday. […]
Leading Climate Expert Advocates for Annual $1 Trillion Finance Goal
New finance goal should be $1 trillion annually, says top climate expert Excerpts: What should be the quantum of NCQG going forward that can help developing countries prepare for energy transition? The NCQG (new collective quantified goal on climate finance) is meant to replace the earlier target of providing and mobilising $100 billion per year […]
Antofagasta Sees 15% Increase in Copper Production for Q3
A 54% jump in gold production, at times when the precious metal has traded at historic record highs, also helped the company’s quarterly results. Antofagasta kept its guidance for the year unchanged at 670,000-710,000 tonnes, warning it is likely to be towards the lower end, at a cash cost of $2.40 per pound of copper. […]
The Competing Nuclear-Energy Investments of Google, Amazon, and Microsoft
Inside Google, Amazon, and Microsoft’s dueling nuclear-energy investments Amazon on Wednesday said that it was investing in small nuclear reactors, coming just two days after a similar announcement by Google, as both tech giants seek new sources of carbon-free electricity to meet surging demand from data centers and artificial intelligence. The plans come as the […]
Alaska Energy Metals to Explore Natural Hydrogen Resource
Alaska Energy Metals Corporation plans to conduct a hydrogen soil gas survey at its Angliers-Belleterre Project in Quebec, following recent discoveries of hydrogen gas anomalies by Quebec Innovative Materials Corporation. These anomalies suggest potential accumulations of white hydrogen, a naturally occurring and renewable energy source. Alaska Energy Metals’ claims include rocks and pathways conducive to […]
Global Energy Costs Expected to Decrease with Shift Away from Oil and Gas, According to IEA
World Set for Cheaper Energy on Shift From Oil and Gas, IEA Says (Bloomberg) — The world is heading into an era of cheaper energy prices as a shift towards electricity use leaves behind surpluses of oil and gas, the International Energy Agency predicted. Most Read from Bloomberg Global demand for all fossil fuels will […]