Western officials said that despite Ukraine’s repeated ability to surprise, they expect the war to grind through the winter, with neither side able to win through 2023.
Redwood Materials, the battery recycling company created by Tesla co-founder J.B. Straubel, said it has reached a deal to supply Panasonic with billions of dollars in critical battery components.
The metals industry has spent weeks debating what to do about supplies from Russia, which is a major producer of copper, nickel, aluminum and palladium.
Almost all major commodities traded higher following China’s move to reduce the time that travelers and close contacts of infected people must spend in quarantine.
Chinese firms have been involved in 89 announced acquisitions and investments in Canadian metals and mining companies in the past decade, according to Bloomberg data.