Toronto hedge fund surges 39% on lithium bets

The Vivid Energy Fund is short companies that focus on direct lithium extraction, such as Vancouver-based Standard Lithium.

Bloomberg News | December 19, 2022 | 10:09 am

Tesla may announce $800m to $1bn investment in Mexico plant in coming days

Tesla could announce the construction of a "Gigafactory" in the northern Mexican state of Nuevo Leon as soon as Friday.

Reuters | December 19, 2022 | 8:33 am

Nickel tycoon plans new plant to avoid future LME short squeezes

Tsingshan is building a plant in Sulawesi, Indonesia, to produce 50,000 tonnes of refined nickel a year.

Bloomberg News | December 19, 2022 | 8:10 am

Australia revises up resources export earnings to $308bn for FY23

The country is set to see strong revenue growth from thermal coal exports used in power plants.

Reuters | December 18, 2022 | 10:34 am

Most Canadians see clean energy as safer, more affordable than fossil fuels – survey

A recent survey shows that Canadians in most provinces except Alberta, see clean energy systems as more affordable and safer than fossil fuel systems.

Staff Writer | December 18, 2022 | 7:24 am

Hedge funds say they lost $95 million in LME nickel crisis

A group of hedge funds led by AQR Capital Management on Friday applied to force LME to hand over information relating to two key phone calls.

Bloomberg News | December 16, 2022 | 10:09 am

Lithium stocks fall as prices ease for the first time in 6 months

Australia spodumene auction disappoints and Chinese lithium chemicals show weakness ahead of EV subsidy end.

Frik Els | December 15, 2022 | 12:35 pm

Ford, CATL mull workaround for new US battery plant with US-China tensions high

Michigan has emerged along with Virginia as a potential home of the multibillion-dollar facility.

Bloomberg News | December 15, 2022 | 11:08 am

US sanctions Russia’s richest tycoon, Nornickel boss Potanin

The action against Potanin was part of a broader sanctions package the Treasury Department rolled out Thursday.

Bloomberg News | December 15, 2022 | 8:24 am

First

Last

Indonesia’s Jokowi meets Tesla’s Musk after nickel talks

Electric cars to account for over 80% of battery demand over next 20 years despite current challenges – report

LME targets off-exchange trades as nickel chaos spurs reform

Nickel tycoon has cut big short position by more than half

Nornickel is first Russian firm to get OK to keep listing abroad

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