The Swiss group will form a €4.9bn joint venture with the US private-equity firm, retaining half of its global waters portfolio. Nestlé will receive €3bn in cash proceeds after selling a 50% stake in its waters business to Platinum Equity. The deal values the new Peranel j
U.S. wheat futures hit a 2023 high as geopolitical risks and adverse weather threaten global supply chains. U.S. wheat futures settled above $7 per bushel for the first time since late 2023, driven by escalating Black Sea tensions and extreme weather in key growing regions
Expansion of pipeline capacity in the Permian Basin is set to alleviate a prolonged period of negative natural gas prices. Natural gas prices in the Permian Basin, the largest U.S. oil-producing region, have been negative for much of the first half of the year due to exces
Lithium carbonate contracts in China fall as market anticipates surplus from restarted mines by 2027. Lithium carbonate futures on the Guangzhou Futures Exchange dropped to their lowest level in five months. The decline reflects growing expectations of a market oversupply
Base metals prices plunged to a three-month low after geopolitical tensions and growth concerns offset AI-driven demand and supply deficits. Base metals prices have experienced extreme volatility in 2024, with the LMEX index surging to an all-time high in early June before
Beijing hosts Central Asian leaders at AI summit, outlining plans to lead global AI development amid US-China tech competition. Chinese leader Xi Jinping presented a strategic vision for Beijing’s dominance in artificial intelligence during the World Artificial Intelligenc
Aftermath Silver Ltd (TSX-V:AAG, OTCQX:AAGFF, FRA:FLM1) announced that it has started drilling at the eastern edge of its Berenguela project in Peru to test for high-grade copper mineralization beyond the current mineral resource estimate, while also launching a drill program at...</stron
New data shows fossil fuels remain dominant in electricity production despite growth in renewable energy sources. Global electricity generation continues to rely heavily on fossil fuels, with hydrocarbons contributing 57% of total output. The finding underscores the slow p
September silver futures climbed to $59.38 in early trading despite industrial and investor demand declines amid a multiyear supply deficit. Silver September futures rose to $59.38 per ounce in early trading on July 21, 2026, recovering from an opening price of $56.71, dow
Companies sign MoU to assess copper, gold, lithium, and other mineral opportunities in Australia and North America. Eagle Mountain Mining and Japan’s Nittetsu Mining have agreed to jointly evaluate new mineral projects under a non-binding memorandum of understanding. The c
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