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An update on copper

Resilinc

Freeport McMoran, the second largest copper producer globally, reported in its latest quarterly: “While we recognize the near-term volatility in our markets, we are optimistic about our portfolio of assets, our strong management and operating teams, and the long-term prospects for the copper markets we serve.”.

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4 Crucial Commodities to Watch in 2023

Resilinc

And in 2021, Apple reported that 13% of cobalt shipped in its products came from recycling. To learn more about the 2023 outlook for cobalt, check out the Resilinc Special Report: The Future of Cobalt Mining: Top Trends and Forced Labor Compliance. #2 Companies that use cobalt are pushing for changes.

Chile 62
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What Caused the Baby Formula Shortage + 7 Ways Consumers and Companies are Coping

ToolsGroup

Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. Image source: Sturgis Journal. The shutdown resulted from a federal investigation following four cases of infant bacterial infections in babies who consumed formula from the plant, with the FDA reporting two deaths.

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Ford Motor Moves Deeper Into Supply Network Vertical Integration

Supply Chain Matters

According to a published report from Bloomberg ( Paid subscription or metered view ), “ this is the second time in two years that Ford has announced direct deals with battery metal producers, following a series of agreements announced in July.” These agreements include U.S. Inflation Reduction Act. powered EV’s.

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Copper in flux

Resilinc

The volatility of the last few months was tracked in real time by subscribers to Resilinc’s CommodityWatch AI as the service alerted customers to protests in Peru, droughts in Chile, M&As in the mining industry and other disruptions—as well as the larger economic factors mentioned by Davidson. dependent on foreign sources.

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The Endless Complexities of the Ocean side of Supply Chains

SCMDOJO

By mid-April, the shipping traffic jam, part of a broader gridlock in supply chains around the world amid disruptions from the coronavirus pandemic, started thinning while record cargo volumes were reported in the U.S. Source: project44 Monthly report. Lauritzen Chile S.A. Infineon Technologies A.G, among others”.

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Can the US Produce Lithium-Ion Batteries Domestically? Li-Bridge Outlines a Plan

Resilinc

Key goals of the blueprint are to improve raw material sourcing, supply domestic processing of lithium, and encourage recycling lithium. From where will the US source materials? On February 15, 2023, Li-Bridge released an in-depth report, “ Building a Robust and Resilient US Lithium Battery Supply Chain ”.