Demand for palladium, last quarter’s best-performing precious metal, is exceeding supply for a second consecutive year as mine production stagnates while sales by automakers, the biggest buyers, reach record highs.
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Politicians and oil companies might waste time debating whether or not we’ve reached peak oil. What they ignore is that we run out completely in under 40 years’ time, by which time a third of the planet’s biodiversity will be lost. In the meantime, tantalum, that great mainstay of mobile telecoms, will last only a few years more and run out just in time to celebrate the planet breaking the 2oC barrier in 2060. Via Lauren Moss, Ricard Lloria Delete the scoop?
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From www.bloomberg.com