Slumping lithium prices signal angst over China’s demand outlook Lithium prices are spiraling down toward the lowest level in two years on concerns over the strength of Chinese demand. Bloomberg News | October 2, 2023 | 8:49 am
Vedanta dollar bonds slip after plan to split up India business Vedanta to split business into six listed companies. Bloomberg News | October 2, 2023 | 8:43 am
South Africa says Kusile coal plant to revive capacity this year South Africa said Eskom will add 2,400 megawatts of generating capacity to the country’s grid before the end of the year. Bloomberg News | October 1, 2023 | 8:44 am
De Beers signs 10-year sales deal for Botswana diamonds The pact with Botswana’s government covers a new 10-year sales deal for Debswana’s rough diamond production through to 2033. Bloomberg News | October 1, 2023 | 8:37 am
How South Africa botched its first coal power-plant transition Key ministers in President Cyril Ramaphosa’s government have attacked the switch to renewable energy. Bloomberg News | September 30, 2023 | 11:34 pm
Venezuela, Jindal Steel to sign deal on iron ore mill Venezuela’s government and Jindal Steel have signed an agreement for the Indian company to run the country’s largest iron-ore-producing plant. Bloomberg News | September 30, 2023 | 11:23 pm
Argentina seeks to tax lithium boom to avoid region’s resource curse Provincial and federal officials want to tap the profits of lithium companies with an annual tax that would be put toward building infrastructure. Bloomberg News | September 29, 2023 | 10:53 am
Peru won’t force contested mining projects on communities Both the Tia Maria project and the Las Bambas copper mine have been heavily opposed by local communities. Bloomberg News | September 29, 2023 | 10:27 am
US weighing record $1 billion loan for massive lithium mine in Nevada The Biden administration and Lithium Americas Corp. are negotiating the terms of an agreement that would fund more than half of the cost of the Thacker Pass mine. Bloomberg News | September 29, 2023 | 10:16 am
Striking South African coal port workers reject wage offer Volumes shipped at RBCT have dropped to the lowest level in decades. Bloomberg News | September 29, 2023 | 7:00 am
European insurers are underwriting 30% of US coal, study says Coal is widely excluded from investment portfolios, and many banks have placed significant restrictions on lending to avoid it. Bloomberg News | September 28, 2023 | 2:56 pm
American Lithium bets it can open mine in Peru by 2027 The Falchani project would bring an $880 million investment to one of Peru’s poorest regions. Bloomberg News | September 28, 2023 | 1:34 pm