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LME copper prices hit 7-year high

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On 4 December 2020, the LME cash price hit its highest level since March 2013, closing at US$7,742/t. (By Copper prices plunged 27% to a low of US$4,617/t in late March as the global impact of COVID-19 became apparent, but copper stabilized and then began to rise, completing a full recovery to its January starting point by the end of July.

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EIA: US average gasoline prices before Memorial Day highest since 2014

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The average retail price for regular gasoline in the United States on 24 May, the Monday before the Memorial Day weekend, was $3.02 per gallon (gal), the highest gasoline price before Memorial Day since 2014, according to the US Energy Information Administration’s (EIA’s) weekly Gasoline and Diesel Fuel Update. gal for several weeks.

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EIA: US uranium concentrate production in 2021 remained near all-time lows; 95% imported

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By most measures, production of uranium concentrate (U 3 O 8 ) remained at or near all-time lows in the United States during 2021, at 21,000 pounds—less than 1% of the post-2000 production high of 4.9 million pounds (lb) U 3 O 8 equivalent (U 3 O 8 e) at an average price of $33.91/lb The average price of $99.54/SWU

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Tesla signs 2-year, $2.9B order with South Korea’s L&F for high-nickel cathode materials

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The value of the deal is calculated on the basis of L&F’s recent cathode sales price, and may change depending upon fluctuations in lithium pricing. L&F currently supplies LiNiMnCoO 2 , LiCoO 2 and LiMn 2 O 4 materials, with customized high-nickel NCM materials for high-performance products.

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Worldwatch Institute: global biofuel production fell in 2012 for first time since 2000

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World ethanol and biodiesel production. In 2012, the combined global production of ethanol and biodiesel fell for the first time since 2000, down 0.4% Global ethanol production declined slightly for the second year in a row, to 83.1 Global ethanol production declined slightly for the second year in a row, to 83.1

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Celeroton introduces new turbo compressor system for fuel cell systems

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Celeroton has launched its new high-speed turbo compressor system CT-2000 with converter CC-2000 for fuel cell systems. During the development, the design was revised without compromising series production. The new system has been specially developed to meet automotive requirements.

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IDTechEx: despite efforts to reduces rare-earth use, percentage of permanent magnet-based EV motors rising

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China accounts for the vast majority of rare-earth production worldwide and this has, in the past, led to huge price volatility. In 2011, after China restricted its exports of rare-earths, the price of neodymium and dysprosium rose by approximately 750% and 2000% respectively.

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