supplychain
Che cos’è un fornitore? Il soggetto che accompagna le imprese nella loro trasformazione digitale come un vero partner, o è un semplice vendor, non sempre allineato alle esigenze del suo cliente? Nell’esperienza dei CIO italiani la realtà si muove tra i due estremi: difficile trovare il fornitore ideale, soprattutto tra le Big Tech, ma un manager accorto sa a quali parametri guardare nella selezione. “Nella mia esperienza lavorativa mi sono trovata a collaborare con vendor di diverse dimensioni e ho imparato quanto sia importante guardare non solo alle caratteristiche del fornitore, ma anche a ...
CIO
The International Energy Agency (IEA) is forecasting a significant surplus in the global oil market in the coming years, saying the imbalance will be driven by slowing demand growth and a surge in supply. The IEA’s recently published Oil 2024 report outlines a future where the oil sector will be comfortably supplied through 2030, although energy security will remain a crucial concern due to transformative forces within the sector. The report points to a slowdown in global oil demand growth as the green energy transition progresses. Even with robust demand from fast-growing Asian economies and ...
Investing News Network
China and Pakistan have agreed to strengthen their mining and energy cooperation, deepening their economic partnership under the China-Pakistan Economic Corridor (CPEC), part of China's Belt and Road Initiative. Reuters states that the announcement was made during Pakistani Prime Minister Shehbaz Sharif's recent visit to Beijing, where he sought to bolster bilateral ties and economic collaboration between the two nations. A joint statement emphasizes the nations' commitment to enhancing mining cooperation and implementing a comprehensive pact aimed at advancing mine development and industrial ...
Investing News Network
Gold has long held the interest of investors looking for portfolio diversification, collectors on the hunt for rare pieces and fashionable people searching for accessories to complement their style. But outside of its financial and retail applications, gold has important uses elsewhere. According to the World Gold Council, of the 4,898.8 metric tons (MT) of gold produced in 2023, 12 percent, which works out to 297.8 MT, was consumed by the technology sector. Of that amount, 241.3 MT went toward electronics, while 47.1 MT was used in other industrial markets and 9.5 MT was allocated to dentistr...
Investing News Network
SQM (NYSE:SQM) has entered into a partnership agreement with Codelco, Chile's stated-owned copper miner, through which the two will jointly exploit lithium and other products in the country's Salar de Atacama. The joint venture is part of Chile's strategy to nationalize its lithium industry. Chile, which holds the world's largest lithium reserves and is a top producer of the battery metal, announced plans to nationalize its lithium industry in 2023. Codelco will own the majority of the joint venture, as required by Chile's nationalization plans. The partnership between SQM and Codelco will inv...
Investing News Network
German industry is continuing to reorganize its supply chains in order to reduce the risks of sudden stoppages, experts said on Tuesday. More than half (58%) of the companies surveyed by the Munich-based ifo Institute had broadened their supply chains and found new suppliers last year, the researchers reported on Tuesday. In the electronics industry, the figure was as high as 80%. Every third company plans to further expand its own supplier base. "German industry's supply chain reorganization is still in full swing," ifo researcher Andreas Baur said on Monday, "despite the significant decline ...
DPA Breaking News
A recent study by SWISSAID shows that a high level of gold is being smuggled out of Africa, with over a metric ton (MT) of the yellow metal per day being illegally transported out of the continent in 2022 alone. The study, which provides a comprehensive analysis of Africa's artisanal and small-scale gold production, reveals that at least 435 MT of gold, worth approximately US$31 billion at current prices, was smuggled out of the continent that year. “Our study concerns a phenomenon that is already known, but whose magnitude we could only imagine until now,” said Yvan Schulz, co-author of the s...
Investing News Network
OPEC+ announced extensions for most of its oil production cuts at a gathering this past Sunday (June 2) amid struggling oil prices brought on by subdued demand and higher inventories of the fuel. The decision, reached at a meeting in Riyadh, Saudi Arabia, involves maintaining voluntary cuts of 1.65 million barrels per day (bpd) announced in April 2023 through to December 2025. The cuts were originally set to expire at the end of 2024. Meanwhile, voluntary cuts of 2.2 million bpd declared in November 2023 will continue until the end of September 2024, after which they will be gradually phased o...
Investing News Network
Speaking to the Investing News Network, Ben Finegold, director at Ocean Wall, shared his latest thoughts on uranium, covering supply and demand dynamics and his outlook for prices in 2024 and beyond. In his view, the market has only reached its third inning, meaning the story is nowhere near over. While investors will need to be more selective, Finegold remains bullish on the uranium spot price and sees uranium stock opportunities too. "You've got the supply side as fragile as it is, and you've got demand really starting to kick into gear over the next decade. And then you can throw (small mod...
Investing News Network
A report from Reuters suggests that China is gearing up to make a big move in the cobalt market, with plans to acquire up to 15,000 metric tons (MT) of cobalt metal from local producers this year. The acquisition, overseen by the state’s National Food and Strategic Reserves Administration, aims to bolster the country's stockpiles as it jumps from the 8,700 MT of cobalt metal purchased last year. The country’s decision to purchase such a substantial amount of cobalt is driven by several factors. Firstly, cobalt is a critical material in the production of electric vehicle (EV) batteries, an indu...
Investing News Network
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