Wyloo seeks takeover of nickel explorer Mincor Resources Wyloo offered to buy all the shares of nickel miner Mincor it does not already own for an implied equity value of $504 million. Bloomberg News | March 20, 2023 | 4:54 pm
JPMorgan owned the LME ‘nickel’ that was actually bags of stones It’s not clear whether the bags ever contained nickel, and whether the issue is a result of error, theft or fraud. Bloomberg News | March 20, 2023 | 1:50 pm
Coal use seen peaking next year as India, China determine future Coal power generation increased in each of the past two years in China, India and Europe. Bloomberg News | March 20, 2023 | 6:18 am
Tesla’s vision of EVs without rare earths will spur magnet race Other carmakers including BMW, Toyota and GM also have sought to reduce reliance on rare earths. Bloomberg News | March 20, 2023 | 6:05 am
Currency markets wobble after Credit Suisse deal as Fed remains acid test Traders will watch how the Swiss franc reacts to the flurry of weekend activity that saw rival UBS Group AG agreeing to buy Credit Suisse. Bloomberg News | March 19, 2023 | 10:27 am
Guinea, partners resume Simandou infrastructure operations The $15 billion Simandou project was restarted Saturday. Bloomberg News | March 18, 2023 | 11:19 am
LME rocked by new nickel scandal after finding bags of stones The LME has discovered bags of stones instead of the nickel that underpinned a small handful of its contracts at a warehouse in Rotterdam. Bloomberg News | March 17, 2023 | 10:01 am
Germany in talks with coal giant to end mining eight years early Germany wants to phase out coal in 2030. Now it needs to get the companies to help it comply. Bloomberg News | March 16, 2023 | 12:22 pm
Gold retailers woo Trump fans with appeals to MAGA-fueled angst Gold retailers have found a receptive audience for marketing their products to conservatives and especially supporters of the former president. Bloomberg News | March 16, 2023 | 8:13 am
Glencore won’t renew Rusal aluminum deal as things stand Glencore Plc is willing to walk away from a $16 billion deal to buy aluminum from Russia’s No. 1 producer. Bloomberg News | March 16, 2023 | 8:03 am
Glencore CEO says his company is cheapest way to benefit from copper price boom Larger rivals BHP Group and Rio Tinto Group have already made billion-dollar moves to grow in copper in the past year. Bloomberg News | March 16, 2023 | 7:40 am
Philippine miners not keen on Indonesia nickel alliance plan Indonesia’s nickel plan is part of President Joko Widodo’s goal of adding more value domestically and becoming a key part of the battery supply chain. Bloomberg News | March 15, 2023 | 7:57 am
