From the London Metals Exchange
Cobalt, palladium, platinum, nickel, and copper are all essential metals used in various modern applications. Cobalt is used in the production of rechargeable batteries for smartphones, laptops, and electric vehicles. Palladium and platinum are used in catalytic converters in automobiles to reduce harmful emissions. Nickel is used in the production of stainless steel, which is widely used in the construction industry, as well as in batteries and electronics. Copper is a versatile metal that is used in electrical wiring, plumbing, and construction.
Rhumb Resources Mining company is focusing on developing tenements in Queensland for mining these metals due to the high demand for these metals and their crucial role in modern applications. Queensland has significant reserves of these metals, and Rhumb Resources aims to extract and process them sustainably. The company has a strong commitment to sustainable mining practices and strives to minimize the environmental impact of their mining operations.
Below you will find links to the London Metals Exchange daily prices for these commodities.