Harita Nickel to soon kick off $650 million Indonesian IPO The nickel industry sits at the heart of President Joko Widodo’s vision of developing an electric-vehicle supply chain onshore. Bloomberg News | March 14, 2023 | 6:54 am
China removes all remaining curbs on Australian coal imports Imports could reach 1 million tons in the first half of March alone. Bloomberg News | March 14, 2023 | 6:45 am
Trafigura’s head of metals operations to leave in restructuring Svetlana Kabanova, who ran operations for Trafigura’s metals trading unit, is leaving the company. Bloomberg News | March 13, 2023 | 1:39 pm
Europe balks at strategic stockpile for critical green metals The energy crisis has hurt production of several key industrial commodities, exacerbating worries about supply. Bloomberg News | March 13, 2023 | 9:48 am
China could control a third of the world’s lithium by 2025 UBS expects Chinese-controlled mines, including projects in Africa, to raise output to 705,000 tons by 2025. Bloomberg News | March 12, 2023 | 6:07 pm
UK to spend £20 billion on carbon capture in clean energy push The UK’s investment would go toward projects that aim to store 20 million to 30 million tonnes of carbon dioxide annually by 2030. Bloomberg News | March 12, 2023 | 9:34 am
Highland Gold owner weighs buying Polymetal assets Mining magnate Vladislav Sviblov is weighing a purchase of some of the Russian assets of Polymetal. Bloomberg News | March 11, 2023 | 6:46 pm
Singapore’s central bank boosted gold reserves 30% in January Central banks worldwide have been building holdings of bullion as the dollar’s strength has waned in recent months. Bloomberg News | March 10, 2023 | 10:49 am
Saudi Arabia and Iran ease Mideast rift that rattled oil Countries will restore diplomatic ties, easing a geopolitical rivalry in the Persian Gulf that has unnerved oil markets. Bloomberg News | March 10, 2023 | 9:08 am
CATL smashes profit estimate as EV sales soar CATL commanded a 37% share of the global market for EV batteries in 2022. Bloomberg News | March 10, 2023 | 8:00 am
China lithium probe puts spotlight on reserves and ESG risks Beijing’s ability to manage the mismatch between its scarce natural resources and vast industrial output is now playing out in the market for lithium. Bloomberg News | March 10, 2023 | 7:52 am
China tells iron ore traders to stop hoarding after rally Beijing authorities are urging trading companies that store iron ore in big volumes at ports to sell some of their material. Bloomberg News | March 10, 2023 | 7:42 am