Ex-Rio Tinto CEO's Deep-Sea Mining Firm Merges in $1B Deal
Ex-Rio Tinto CEO's deep-sea mining firm to merge with Odyssey in $1 billion deal https://t.co/Kuu3PtXS1B
Beef Prices Hit Record High, Adding to Inflation
President Trump's other inflation headache: beef. While everyone is rightly focused on gasoline and oil amid US-Iran war, the meat market isn't giving a respite. Live cattle wholesale prices in Chicago have reached a new all-time high, surpassing last October's peak....
Rusal Redirects Aluminum From China to Japan Amid Iran Conflict
Exclusive: Rusal plans to reroute aluminum from China to Japan as Iran conflict reshapes trade, sources say https://t.co/Rn0kOg7gVj
US Oil Faces Largest Daily Drop Since 2011
Though US oil is gradually creeping back up, the daily candle is still sporting its biggest single day drop outside (outside of the negative price fiasco of April 2020) since the market assurances following the Sep 11 attacks (specifically Sep...
US Crude Stocks Rise 3.1 Mb, Diesel Demand Flagged
EIA: US commercial crude oil inventories increased by 3.1 mb to 464.7 mb. Products declined. Watch diesel ... diesel., diesel. https://t.co/1mveIh80Nu
Ceasefire Won’t Instantly Heal Supply Chain Disruptions
🧵 The US-Iran ceasefire is being called a "big day for world peace" — but the supply chain damage is already done. Here's what's broken, what it costs you, and how long it takes to fix. A thread on the...
Deep‑Sea Mining Royalties Offer Capital‑Free, Long‑Term Gains
As a seed investor back in late 2022 and in the pre-IPO round in 2025, the Koala is very excited for this day for The Metals Royalty Company $TMCR and the team led by Brian Paes-Braga @bpaesbraga If you haven't...
Rio Silver Posts Strong Initial Metal Recoveries in Peru
Rio Silver Inc. $RYO.V $RYOOF Reports: Initial Silver – Gold - Lead Recoveries of 85 %, 74 % and 77% Respectively From the Maria Norte in Central Peru by @GlobeNewswire https://t.co/fH8rrjHRwt
Hormuz Loses Relevance as Rivals Rush Pipeline Bypasses
COLUMN: No matter what the US and Iran agree over the future of Hormuz, the strait’s status will change. But the waterway will never be as critical as it was six weeks ago: Iran's rivals will rush to build more...
2026 Energy Shock Peaks Far Below Past Records
The scorecard of the (so far) 2026 energy shock: (Peak price set during US-Iran war Feb 28-Apr 7 vs all-time high; in nominal terms) ⛽️ Brent oil: ~19% below 2008 peak 🔥 TTF nat gas: ~79% below 2022 peak 🔌 German power: ~89% below...
US Treasury Faces Deadline on Russian, Iranian Oil Waivers
The US has to answer some questions: Does the US Treasury extend the waiver on Russian oil sales? (the general license expires on Sunday, Apr 11) And more politically charged, does the US Treasury extend the waiver on Iranian oil sales?...
SGML Eyes 2‑3× Brownfield Expansion Amid Lithium Surge
Pleasure as always to chat with @Anacabralgardn1 @SigmaLithium who, having navigated a challenging period with immense grace and no equity dilution, considers again brownfield stage expansions that can 2-3X current production. Poised to continue re-rating IMO as lithium experiences spodumene surge/shortage. $SGML Not...
Saturn Reports Bonanza 277 G/T Au Assay at Apollo Hill
Very exciting exploration news out of Saturn $stn.ax The koala isn’t sure why this name doesn’t get more love and attention Been a bit busy past couple days and weeks but need to catch up with mgmt some point and understand this...
Japan Secures First Deep‑Sea Rare‑Earth Mud Deposit
Japan recovered its first deep-sea rare earth mud near Minamitorishima, advancing supply chain diversification efforts. https://www.metalnomist.com/2026/04/japan-deep-sea-rare-earth-mining.html
New Findings Impact Renewables, Batteries, and Transmission Metals
This has important implications not just for renewables and batteries but also for materials used in transmission lines such as copper and aluminium.
Japan, Australia Forge Graphite Anode Supply Chain
Japan and Australia are building a graphite anode supply chain to strengthen battery materials security and reduce import dependence. https://www.metalnomist.com/2026/04/japan-australia-graphite-anode-supply.html
Energy Prices Plunge Despite Uncertain Hormuz Reopening
Brent crude oil: -15% TTF nat gas: -18% German power: -5% (and below pre-war) Asian coal: -1% (And yes, the Strait of Hormuz has yet to actually reopen, and we don’t know for sure what the ceasefire means in practical terms for SoH energy...
Military Spending Spurs Defense and Rare Earth Investment Boom
Regal Partners boss tips defence stocks, rare earths as military trillions fuel next investment super cycle https://t.co/6ahsU0eU1G
Albemarle Cuts Staff as Kemerton Refinery Goes Idle
Albemarle down to skeleton staff as Kemerton lithium hydroxide refinery shifts to care and maintenance https://t.co/xAP16KM6t1
Supra Secures $2M to Recycle Gallium, Scandium for US Supply
Supra launched with $2mn to develop gallium and scandium waste recovery technology for US critical mineral supply. https://www.metalnomist.com/2026/04/gallium-and-scandium-waste-recovery.html
Kipushi Zinc to Boost US Critical Minerals Stockpile
Ivanhoe’s Kipushi zinc concentrate could support US critical minerals stockpiling through a proposed Mercuria and Gécamines deal. https://www.metalnomist.com/2026/04/kipushi-zinc-concentrate-could-link-drc.html
Copper Valued at 4% of Global Debt, Highly Undervalued
Very intriguing chart. The copper market sits at roughly 4% of global debt — still multiples below prior peaks. A simple way to frame just how undervalued the metal is relative to today’s macro imbalances. Now layer in the structural demand tailwinds. Game on. https://t.co/wv1i1hARmY
Iran's Oil Pressure Backfires, Trump Gains From Ceasefire
Iran’s strategy all along has been to impose an unbearable economic cost on the US if Trump continued the war via oil and the closure of the Strait of Hormuz. Now, oil is down ~20% well below $100 a barrel. From...
General Caine Warns Iran Could Block Vital Hormuz Strait
MUST READ: “General Caine […] also flagged the enormous difficulty of securing the Strait of Hormuz and the risks of Iran blocking it. Mr. Trump had dismissed that possibility on the assumption that the regime would capitulate before it came...
Infill Drills Boost Confidence in Cuiú Cuiú Oxide Feed
Measure twice before mining once—that’s the message from @Cabral_Gold today, infill drill results that improve confidence in the oxide material that will feed the first year of mining at Cuiú Cuiú. See how this #gold stock falls in the coveted...
Chinese Sulphur Prices Surge Daily, Threatening Food Costs
I repeat, Chinese sulphur prices are up literally every day (save two) since war began. 24/26 Odds of this happening (if this was a coin flip) are 1 in ~200,000 This will have consequences for fertilizer and therefore food prices. 1/3
Chinese Sulphur Prices Surge, 24 of 26 Days Up
Sulphur in China is up every day since this tweet. Chinese Sulphur has had two down days since the beginning of the war on February 28th (24/26 days positive). https://t.co/yyTujRfjYK
Build Global Energy Corridors to Bypass Hormuz, Says Hochstein
".... The only long-term solution is new infrastructure—making a massive, internationally coordinated investment in energy corridors that bypass the Strait of Hormuz entirely... " -- @amoshochstein https://t.co/hvu4ACTwok
Futures
The oil futures market continues to price a big TACO. Physical oil quotes are sky high, but futures imply a significant improvement in supply in a few weeks. If the market moves to priced a much longer disruption — and see below...
EIA Predicts Prolonged Persian Gulf Crude Production Disruption
The US Energy Information Administration (@EIAgov) is now forecasting a rather long disruption to crude oil production in the Persian Gulf. (Note this is wellhead production rather than flows via Strait of Hormuz. It doesn't appear to include natural gas liquids,...
Lower Cut‑off Grade Could Boost Kate Deposit Silver
.@ViscountMining $VML.V $VLMGF to re-analyze Kate Deposit in Colorado. With silver prices now ~$73/oz a lower cut-off grade could significantly boost contained silver ounces in this near-surface epithermal system. fully funded 2026 drill program.
Aris Mining Q1 Gold Production Surges, Targets 500k Oz
.@ArisMining $aris Q1 gold production: 74.3 koz up 6% QoQ and sharply higher YoY, driven by Segovia performance and Marmato output. Gold sales revenue topped $360M at a realized price of >$4,860/oz! 2026 guidance: 300-350 koz (H2 weighted), on track toward...
Soybean Speculators’ Long Stance Fueled by Rising Crude
Bullish Soybean Specs May Depend on Higher Crude At about 19% of open interest, soybean complex managed money (hedge fund) positions are the most net long in roughly three years. Are speculators too optimistic despite a supply glut from Brazil? My...
Corn Speculators Near Peak Longs as Prices Hover $5
Corn Revisits $5 With Specs Long, Gas Falling At about 15% of futures open interest, net-long corn speculators may be overly optimistic for higher prices. My graphic shows spec longs approaching last year's 1Q peak near 18% -- about when the...
Energy Transition Minerals Faces Likely Greenland Licence Rejection
Australia's Energy Transition Minerals faces likely licence renewal rejection for Greenland rare earths project - https://t.co/kKkXGXMcAO
CATL Panics as Lepidolite and Sodium‑ion Fail
As I said on the last podcast episode, @catl_official is in a mild panic about their #lithium vulnerability. Lepidolite & sodium-ion announcements didn’t get the job done. https://t.co/wzVN70Tt6r
US Reliant on Chinese Minerals; Trump Misreads Oil Leverage
The US needs critical minerals that China controls @gbrew24 Trump has consistently failed to understand that oil leverage is equal or greater He’s very bad at the art of the deal https://t.co/kB0Qw5QWR4
China’s Coal‑Based Urea Shields It From Fertiliser Price Spikes
China produces ~80% of its urea from coal rather than (as most other nations do) natural gas. The method is insulating Beijing from rising nitrogen fertiliser prices. I wrote ⤵️ this @Opinion column about the Chinese coal-to-chemicals industry last June. https://t.co/TQg6HHD3J8
War‑Driven Food Prices Shift Slightly, Crisis Not Imminent
Key food commodity prices since US-Iran war started: 🍚 Rice: ⬇️ -6.3% 🌾 Wheat: ⬇️ -0.5% 🥫 Soybean: ⬆️ +0.6% 🌽 Corn: ...
Australian Coal Prices Surge 30% as Asia Shifts From Gas
AUSTRALIA’s coal export prices have risen by around 25-30% compared with the start of the year. Front-month Newcastle coal futures have averaged $137 per tonne so far in April up from $108 in January. Electricity generators across South and East...
Fast Breeders Unlock India's Thorium and U‑238 Potential
Have been reading about this for a while now. India has a specifically important need for Fast Breeders. The control of uranium is with other countries and India has too little - and what it has, the real fissile stuff...
ATI Boosts Jet Engine Alloy Supply with New NC Furnace
ATI will add a new VIM furnace in North Carolina to expand nickel superalloy capacity for jet engine demand. https://www.metalnomist.com/2026/04/ati-nickel-superalloy-capacity.html
CATL Appoints Former Zijin Mining Founder as Mining Adviser
Top EV battery maker CATL has tapped the founder and ex-chairman of Zijin Mining as an adviser for its growing mining business, according to people familiar with the matter https://t.co/bIslk5SVG8
Potash Prices Remain Stable Amid Fertilizer Market Shifts
CHARTS OF THE DAY: Not every fertiliser price is going up. Back in 2022, after Russia invaded Ukraine, nitrogen fertilisers (urea and ammonia) rose shaprly. AT THE SAME TIME, potash fertiliser (potassium chloride) also surged. This time, potash fertilisers are little changed....
Chinese Coal Firms Pivot to Chemicals, Sparking Major Fallout
The unintended consequences will be significant anyway you look at it Chinese coal companies are turning to chemicals manufacturing for growth
IRGC Aims to Block Qatari LNG, Boost US Supply
Ok, I get it, so...the IRGC wants to choke China and help the US LNG industry by preventing Qatari LNG from reaching China. https://t.co/ERTjvf1YSU
Orion's $40bn DRC Deal Could Redefine Western Copper Supply
Orion’s possible 40pc purchase of Glencore’s DRC mines could reshape western copper and cobalt access. https://www.metalnomist.com/2026/04/orion-glencore-drc-stake-sale-could.html
Processing Capacity, Not Discovery, Limits Rare‑Earth Gains
When it comes to speaking with generalist investors about the mining industry, nothing reveals the level of understanding more than the overwhelming focus on minerals that are, in reality, very small markets. Rare earths are indeed critical metals, but they remain...
Trump Demands Free Oil Flow Through Hormuz in Deal
US President Donald Trump says that “part of the deal is we want free traffic of oil” via the Strait of Hormuz. (In reference to the current US-Iran talks via regional intermediaries)
TNR Gold Secures $4.2M Strategic Investment From Altius Minerals
TNR Gold $TNR.V $TRRXF Welcomes CAN$4.2 Million Strategic Investment by Altius Minerals by @newsfile https://t.co/vU3z2oZC7L
