The world’s most feared investor heads for showdown over nickel Next week, Paul Singer is taking on the London Metal Exchange. Bloomberg News | June 17, 2023 | 11:49 am
Billionaire Forrest ‘can’t wait forever’ for $80 billion Congo hydro deal Grand Inga would be the largest single source of renewable energy globally, with about double the capacity of China’s Three Gorges Dam. Bloomberg News | June 16, 2023 | 10:44 am
Billionaire Reuben brothers sue Trafigura over nickel fraud Trafigura found out that some cargoes it had bought didn't contain the nickel they were supposed to. Bloomberg News | June 16, 2023 | 7:55 am
Major German coal miner to invest $1.6 billion in green energy LEAG will develop 7 gigawatts of wind and solar by 2030 at the Boxberg opencast mine, with the first gigawatt of generating capacity commissioned in four years time. Bloomberg News | June 15, 2023 | 1:35 pm
First Quantum rebuffs informal approach from Barrick Gold Barrick made overtures to First Quantum in the last few months as part of its search for ways to expand in copper. Bloomberg News | June 15, 2023 | 9:26 am
Impala Platinum’s Zimbabwe unit eyes expansion into lithium The miner still sees a future in Zimbabwe and is on the lookout for opportunities to invest in other mining areas. Bloomberg News | June 15, 2023 | 7:32 am
Norsk Hydro produces world’s first aluminum using green hydrogen The Norwegian producer replaced natural gas with green hydrogen during a test at its extrusion plant in Navarra, Spain. Bloomberg News | June 15, 2023 | 7:26 am
Ghana plans to process its first lithium locally Australian miner Atlantic Lithium expects to start production at Ghana’s first lithium mine in the second half of 2024. Bloomberg News | June 14, 2023 | 8:40 am
Striking Newmont miners have funds to extend Mexico stoppage About 2,000 unionized workers at the Peñasquito mine downed tools to push for clarification over profit-sharing terms. Bloomberg News | June 14, 2023 | 8:22 am
Sprott veteran’s mining finance firm mulls credit advisory arm A mining-focused investment bank carved out of Sprott Inc. is mulling an expansion into debt advisory. Bloomberg News | June 13, 2023 | 12:34 pm
Gold jewelry recycling in India seen matching record this year If local prices continue to rise, recycled bullion sales are expected to jump more than 20%. Bloomberg News | June 13, 2023 | 9:36 am
Billionaire Forrest calls Musk a ‘muppet’ over fuel cell doubts Andrew Forrest, founder of Fortescue Metals, said doubters of hydrogen fuel-cell technology, including Elon, are “muppets.” Bloomberg News | June 13, 2023 | 4:03 am
