Citigroup Inc. cut its price targets for lithium for the next two years, citing concerns over a slowdown in battery demand growth, rising trade uncertainty and broader macroeconomic headwinds.

Chinese miner CMOC Group Ltd.’s earnings for the first nine months of the year surged 68% as copper prices soared toward a record.

Top executives at several Chinese nickel producers plan to meet as early as Tuesday to discuss coordinated output cuts at their battery material plants in Indonesia, according to people familiar with the matter.

Chinese lithium futures extended a deep selloff this week on growing concerns about the demand outlook for the battery metal.

Mercuria Energy Group has placed another big bet on copper production in the Democratic Republic of Congo, sealing a deal to buy metal from units of Shanghai Jayson New Energy Materials Group.

Lithium futures in China slumped as the agreement to limit hybrid car exports to the European Union weighed on demand prospects for the battery material.

Copper rose to a two-week high as traders looked to a more hopeful outlook for interest rates and gauged the impact on supply of a fatal mine incident in Chile.

Chinese lithium futures have shed a quarter of their value this month, pummeled by concerns over flagging demand.

Copper and other base metals retreated ahead of a weeklong holiday in China, as traders assessed the country’s demand outlook following slower growth in industrial profits.

The Guangzhou Futures Exchange is planning to list lithium hydroxide contracts as soon as this year, according to people familiar with the matter.

Copper extended gains — climbing back toward a record high set earlier this month — as stock markets rallied and there were signs of tightening supply conditions in China.

Two major lithium producers in China are calling for higher standards from third-party data providers and greater consistency in methodology.

A surprise surge in lithium stockpile data — after a change in methodology — has confounded traders and weighed on prices, prompting some to call on authorities to step in.

Cobalt’s spectacular rally is reversing as the Democratic Republic of Congo’s exports of the battery metal pick up under a strict new regime, testing the top producer’s efforts to control prices.

Several Indonesian nickel smelters controlled by Chinese firms are weighing coordinated output cuts of a key battery material, as pressure mounts on profitability due to weak prices, according to people familiar with the matter.

A historic squeeze on the copper market eased somewhat after large inflows of readily available metal into the London Metal Exchange, although signs of underlying physical tightness remain.

Nickel declined to the lowest level since mid-July on renewed speculation that Indonesia will grant a higher ore-production quota to one of the country’s largest mines, potentially boosting supplies.

The US will ban exports of tungsten scrap and recycled battery materials from later this month, less than a week after President Donald Trump handed authorities power to keep potentially critical materials inside the country.

The US Department of Defense has canceled a tender to purchase lithium for its strategic stockpiles, in another apparent sign of the challenges it faces in trying to bolster supplies of critical minerals.

The recalibration of an attempted takeover deal reflects a more risk-averse approach from Beijing.