Another year calls for another slate of commodity predictions, with the outlook of some metals and minerals clearer than others. We enlist some market analysts to get the inside word on hot and cold commodity predictions for 2024.
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Carrapateena record uplifts BHP
BHP is starting to get the best out of its OZ Minerals assets, with half-year production from the SA mines increasing by 48 per cent.
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Albemarle sells off Liontown stake
After a $6.6 billion takeover attempt of Liontown Resources was stymied by Gina Rinehart, Albemarle has sold off all of its remaining shares in the company.
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The thermal coal outlook for 2024
As the thermal coal industry comes to terms with waning demand in the years to come, warmer weather could affect demand as early as 2024. Fitch Solutions discusses the thermal coal outlook for the year ahead.
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‘One of the most exciting exploration pipelines in years’: Rio Tinto
Mining giant Rio Tinto has released its fourth quarter production results, with figures up across the board.
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Why there might be zinc oversupply in the coming years
BMI – a unit of market analyst Fitch Solutions – has revised up the price forecast for zinc in 2024 from $US2300 per tonne to $US2500 per tonne due to higher base effects. Despite the bump in value, prices are expected to drop to multi-year lows due to an oversupply in the market.
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Nickel downturn to last three years: First Quantum
First Quantum Minerals has halted mining operations at its Ravensthorpe nickel operation in Western Australia.
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Azure confirms major lithium discovery
Azure Minerals continues to bolster the world-class potential of its Andover lithium project in Western Australia after confirming the presence of a ‘major lithium mineralised system’ at Target Area 3 (TA3).
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Flynn Gold discovers near-surface gold system
Flynn Gold believes it has unearthed a near-surface gold system at its Warrentinna project in Tasmania.
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Kalamazoo welcomes new CEO
Keep up with the latest executive movements across the mining sector, featuring Kalamazoo Resources, Wildcat Resources and Sibanye-Stillwater.
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Luke Reinehr, who co-founded Kalamazoo
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