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    Harry Dempsey

    Commodities correspondent

    Harry is the commodities correspondent for the Financial Times. He was previously the FT's industry reporter and before that breaking news reporter. He lived and worked in Japan for nearly five years including two years as a research associate at the leading independent Tokyo-based think tank.
    Email Harry Dempsey @harrydemps  on Twitter (link opens in a new browser window)

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    • Friday, 29 September, 2023
      Vedanta Resources PLC
      Indian conglomerate Vedanta to break up as debt crunch looms

      Anil Agarwal is splitting the group into six entities in an effort to raise their valuation

      Mine workers standing on copper plates at Nchanga mine, operated by Vedanta Resources’ Konkola Copper Mines
    • Thursday, 28 September, 2023
      Renewable energy
      US warns green transition raises ‘complex’ China security concerns

      Beijing is prepared to weaponise its control of mineral sectors vital to renewable power, says energy secretary Jennifer Granholm

      US energy secretary Jennifer Granholm
    • Thursday, 28 September, 2023
      FT News Briefing podcast10 min listen
      What does China ‘de-risking’ actually mean?

      Dealmaking languishes at decade low on private equity drought

    • Wednesday, 27 September, 2023
      Glencore
      Glencore to stop funding New Caledonia nickel mine as Indonesian supply surges

      Local industry extracting a key metal for electric car batteries is under pressure from rising production elsewhere

      Aerial view of nickel plant in New Caledonia
    • Wednesday, 27 September, 2023
      Batteries
      Chinese battery groups invest in Morocco to serve western markets

      North African country emerges as bridge to US and Europe that reduces risk for producers

      Untreated phosphate at the Marca factory of state-owned miner OCP
    • Tuesday, 26 September, 2023
      Rare earths
      European carmakers risk missing out on critical minerals, Australia warns

      Manufacturers could fall behind rivals if they fail to invest to secure supplies, says resources minister

      Pilgangoora lithium project in Port Hedland, Western Australia
    • Tuesday, 26 September, 2023
      Industrial metals
      Glencore traded thousands of tonnes of Russian copper through Turkey

      Shipments via third countries obscure Europe’s true reliance on Russian commodities

      A worker inspects copper cathode and anode sheets in an electrolytic tank at the Uralelectromed copper refinery, Verkhnyaya Pyshma, Russia
    • Friday, 22 September, 2023
      News in-depthPrecious metals
      Metals industry grapples with fraud wave

      Revelations of scams targeting Aurubis and Trafigura are only the latest in a sector plagued by scandal

      Scraps of copper
    • Wednesday, 20 September, 2023
      Visual story
      Can Europe go green without China’s critical minerals?

      The EU’s increasing demand for rare earths is causing problems for policymakers

    • Tuesday, 19 September, 2023
      Aurubis AG
      Copper producer Aurubis sets out €185mn hit from suspected fraud

      Hamburg-based group has been probing alleged conspiracy between suppliers and employees

      Powdered copper grout at an outdoor storage plant
    • Monday, 18 September, 2023
      Gold
      China lifts temporary curbs on gold imports as renminbi recovers

      Spread between Shanghai spot price and London hit record $121 per troy ounce last week

      A picture of a one-hundred renminbi bank note
    • Friday, 15 September, 2023
      Diamonds and gemstones
      G7 governments to announce bans on Russian diamond imports

      Proposals would reshape global market for the precious stones, but implementation will divide industry

      The global natural diamond jewellery market is estimated to be worth $74bn in 2023
    • Friday, 15 September, 2023
      Uranium
      Uranium prices hit 12-year high as governments warm to nuclear power

      Cost of ‘yellowcake’ jumps to levels not seen since before 2011 Fukushima disaster

      Uranium concentrate, commonly known as U3O8 or yellowcake
    • Thursday, 14 September, 2023
      Mining
      Tungsten West warns of insolvency risk in race to secure UK permits

      Failure to resolve crisis would have ‘serious implications’ for government minerals strategy, says chief

      The Plymouth waterfront
    • Wednesday, 13 September, 2023
      Rare earths
      UK rare earth producer pivots to EU and US

      Less Common Metals applies brakes in home market after Brexit stymies exports to mainland Europe

    • Tuesday, 12 September, 2023
      London fights for its future
      Allied Gold bypasses London for North American listings

      More precious metal miners are turning away from UK capital’s stock exchange

      Peter Marrone
    • Friday, 8 September, 2023
      Mining
      Glencore to expand DRC exposure as it pushes into lithium

      The deal means the trading giant will be able to choose which clients receive the vital metal

      The sun sets on one of the open pit copper mines at Mutanda Mining in DRC
    • Thursday, 7 September, 2023
      Europe Express
      European parliament faces tight vote on corruption reforms Premium content

      Also in this newsletter: Why EU companies are calling for more money to secure critical metals

      Roberta Metsola on stage in front of an EU flag
    • Wednesday, 6 September, 2023
      News in-depthBarrick Gold Corp
      Miners’ hunt for copper takes Barrick to Pakistan’s western frontier

      Reko Diq has potential to be one of world’s biggest suppliers of metal needed for energy transition

      Local government officials visit the gold and copper mine site in the town of Reko Diq in Pakistan
    • Monday, 4 September, 2023
      Batteries
      China’s battery plant rush raises fears of global squeeze

      State subsidies follow steel and solar panel playbook in reinforcing race for market share

    • Monday, 4 September, 2023
      FT SeriesThe battery revolution
      Why the EV battery race needs a recycling revolution

      Uncertainty over which cells will power tomorrow’s cars among factors complicating efforts to reuse raw materials

    • Monday, 4 September, 2023
      Space exploration3 min
      Can space mining alleviate shortages of key resources? | FT Energy Source

      The FT's Harry Dempsey asks if asteroids could really help us to replenish scarce resources on Earth

      Space Mining: Lifting Off?
    • Friday, 1 September, 2023
      Copper
      Europe’s biggest copper producer says it has been victim of huge theft

      Aurubis probes suspected conspiracy between suppliers and employees

      A heap of scrap copper at an Aurubis recycling smelter
    • Friday, 1 September, 2023
      EU business regulation
      UK watchdog proposes not classifying key battery material as toxic

      Industry executives say stance on lithium chemicals should bolster investment in electric vehicle supply chain

    • Monday, 28 August, 2023
      FT SeriesThe battery revolution
      Can anyone challenge China’s EV battery dominance?

      Technology breakthroughs and trade barriers will be needed to take on CATL and BYD

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