Battle for aluminum stocks is draining LME of non-Russian metal

The trader that last month built up a dominant position in aluminum has begun taking delivery of some metal while rejecting supplies produced in Russia.

Bloomberg News | June 12, 2023 | 2:42 pm

Bunge is said to near deal to buy Glencore’s Viterra

Deal could create a giant capable of competing with the world’s biggest agricultural players.

Bloomberg News | June 12, 2023 | 12:57 pm

Chilean companies expected to moderate growth plans, Fitch says

The administration of President Gabriel Boric recently pushed through increases in mining taxes and the minimum wage as well as a reduction in the workweek.

Bloomberg News | June 12, 2023 | 8:37 am

Fed is set to pause and assess the effect of rate hikes

Federal Reserve policymakers are about to take their first break from an interest-rate hiking campaign that started 15 months ago.

Bloomberg News | June 11, 2023 | 11:27 am

Plan for one of world’s biggest coal mines challenged in India

Rising power demand has pushed India to prioritize energy security and boost output of coal.

Bloomberg News | June 9, 2023 | 11:08 am

EV sales are soaring and oil use is about to peak

The share of electric vehicles in sales of new passenger vehicles is set to more than double globally in the next few years — to 30% in 2026.

Bloomberg News | June 8, 2023 | 3:57 pm

Column: China’s imports of major commodities reflect mixed economic data

Imports of coal have been robust in recent months as China turned to thermal generation amid lower hydropower output.

Bloomberg News | June 8, 2023 | 9:42 am

Top South Africa fund bets on platinum as power cuts hit miners

Coronation Fund Managers has reduced the Impala Platinum Holdings Ltd. and Northam Platinum Holdings Ltd. shares in its resources fund this year.

Bloomberg News | June 8, 2023 | 8:21 am

Lithium shortages could hand salt a starring role in EV shift

Carmakers who faced skyrocketing prices for lithium and other battery metals last year could increasingly adopt sodium-based cells in the future.

Bloomberg News | June 8, 2023 | 7:53 am

Copper price slump will give way to record buying spree, Citi says

Investors look set to pile into the copper market on an unprecedented scale in the next few years, Citi analyst says.

Bloomberg News | June 7, 2023 | 11:33 am

US battery belt grows with $1 billion Kentucky cathode deal

Ascend Elements said it has reached a billion-dollar deal with an unnamed automaker to reprocess old batteries into cathode material.

Bloomberg News | June 7, 2023 | 9:45 am

Copper exports signal Chile is leaving woes behind

Data suggest Chilean production may be stabilizing after a series of project delays, mine-specific setbacks and plant maintenance.

Bloomberg News | June 7, 2023 | 9:43 am

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