China’s gold binge extends to seventh month as holdings climb China raised its gold holdings by about 16 tons in May, according to data from the People’s Bank of China. Bloomberg News | June 7, 2023 | 9:34 am
Clean tech faces increasing risks with mining tied to new abuses The Business & Human Rights group identified 65 new allegations of human rights abuse since the end of 2022. Bloomberg News | June 7, 2023 | 8:43 am
Chinese unicorn claims breakthrough with all-weather EV battery Greater Bay Technology claims to have overcome one of the key sticking points for EV owners — the loss of power capability and range in cold climates. Bloomberg News | June 6, 2023 | 8:51 am
Wesdome names Anthea Bath CEO in industry’s rare female hire Bath will join the Toronto-based gold producer on July 1 after nearly five years with Ero Copper. Bloomberg News | June 5, 2023 | 2:31 pm
China’s EV battery sector is preparing a new breakthrough Gotion High-Tech Co. recently unveiled a lithium-iron-manganese-phosphate battery. Bloomberg News | June 5, 2023 | 9:17 am
When will Africa get its first gigantic battery factory? China, by far the world leader in battery production, has at least 180 large battery factories. Bloomberg News | June 5, 2023 | 7:49 am
Top climate finance group floats guidance on Asia coal phaseout The region’s largest economies are highly dependent on coal, with the fuel accounting for roughly 60% of power generation. Bloomberg News | June 5, 2023 | 7:42 am
Tata to build $1.6 billion Indian EV battery plant, Gujarat says Tata Group signed an agreement with the Gujarat state government to set up a giga-factory for manufacturing lithium-ion cells. Bloomberg News | June 4, 2023 | 11:56 am
Solar beats coal in Europe for first time – but there’s a glitch Solar panels generated more electricity than all of the bloc’s coal plants for the first time in May. Bloomberg News | June 3, 2023 | 11:48 am
China is drilling a 10,000-meter-deep hole into the Earth Drilling for what is set to be China’s deepest ever borehole began in the country’s oil-rich Xinjiang region on Tuesday. Bloomberg News | June 2, 2023 | 12:00 pm
Congo halts ERG’s copper project after waste leakage The suspension is the latest sign of strained relations between copper miners and the Congolese government. Bloomberg News | June 2, 2023 | 11:40 am
Copper output dips in Chile for potential boost to demand-hit market Production in Chile fell more than 5% in April from the prior month and output was down 1% from a year ago. Bloomberg News | June 1, 2023 | 2:03 pm