Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
•Base metals: Aluminum pricesrise to $2,601 per tonne
•Energy metals: Nickel prices drop 5.1% in a week
•Precious metals: Silver prices gain 3.2% to $33.2 per oz
•Bulk commodities: Thermal coal prices fall 2.6% in the past week
Spot Price Snapshot
Key Price Move...

Over the past week, the price of iron ore has experienced a notable rise, primarily driven by new stimulus measures from China. On September 24, 2024, iron ore futures surged by 4.64% on the Dalian Commodity Exchange, marking the largest single-day increase in over a year. This rally brought prices to around $99.38 per metric ton. Similarly, on the Singapore Exchange, the October contract rose by 5.8%, reaching $94.65 per ton.
This price recovery was fueled by China's central bank implementing i...

Happy father's Day to my dad, he won't be able to read this but I'd love the world to know about him. He's a different dad now to the one I grew up with, thanks to one of the many different types of dementia, I think it's the worst kind of thief. I haven't had my home burgled but I've had my dad slowly stolen from me.
I miss the dad jokes and quick wit I grew up with. what I think I miss most is something that didn't happen, the relationship between my daughter and her poppy. W...

According to a report by 36Kr, China’s EV maker, XPeng Motors, has successfully completed the tape-out process for its self-developed intelligent driving chip
Sources cited by the report further reveal that XPeng’s intelligent driving chip is specifically designed to meet AI demands, including end-to-end large models. The product is considered to be is a central computing architecture chip that supports integrated cabin and driving functionalities
The AI computing power of this chip is said ...