Global lithium mining companies are adopting auction-based pricing to manage soaring demand and volatile prices. As sustainable energy needs grow, lithium’s role becomes crucial, transitioning towards transparent pricing similar to iron ore’s historical shift. Albemarle Corp., a leading lithium supplier, spearheaded this move in March, allowing buyers to bid on shipments. In addition, this auction […]
Related Posts
China’s Naval Visit to Bangladesh: Shifting Tides in the Bay of Bengal
China’s recent naval visit to Bangladesh has stirred the geopolitical waters of South Asia. The arrival of Chinese warships in Chittagong marks a significant moment in the region’s evolving power dynamics. This event highlights China’s growing influence and India’s mounting concerns about its neighbor’s expanding military presence. The Chinese naval training ship Qi Jiguang and […]
Record Foreign Tourist Spending in Brazil Since 1995
In Luiz Inácio Lula da Silva’s first year as president, Brazil experienced unprecedented foreign tourism spending. The Central Bank’s Monday report revealed that in 2023, international visitors spent $6.9 billion in Brazil. This figure is the highest since the bank started keeping records in 1995. This spending surpassed the previous high of $6.84 billion in […]
Argentina and China sign natural resources and energy deal
Argentina and China have agreed to work together on scientific research. They’re focusing on natural resources and cleaner energy. Argentina’s Science Minister, Daniel Filmus, and China’s Natural Resources Minister, Wang Guanghua, made it official in Beijing. They signed an agreement to create a virtual research center. The deal outlines how the two countries will cooperate. […]