CATL smashes profit estimate as EV sales soar CATL commanded a 37% share of the global market for EV batteries in 2022. Bloomberg News | March 10, 2023 | 8:00 am
China lithium probe puts spotlight on reserves and ESG risks Beijing’s ability to manage the mismatch between its scarce natural resources and vast industrial output is now playing out in the market for lithium. Bloomberg News | March 10, 2023 | 7:52 am
China tells iron ore traders to stop hoarding after rally Beijing authorities are urging trading companies that store iron ore in big volumes at ports to sell some of their material. Bloomberg News | March 10, 2023 | 7:42 am
Europe loses another smelter as energy crisis leaves deep scars Speira Gmbh will shut its Rheinwork plant in Germany this year due to challenges in the energy market. Bloomberg News | March 9, 2023 | 8:01 am
Lithium Royalty raises $109 million in biggest Canadian IPO since May The Toronto-based company sold 8.82 million shares for C$17 apiece in its IPO. Bloomberg News | March 9, 2023 | 7:19 am
Trafigura CEO says tight metal supply threatens green transition The world’s biggest copper trader has been vocal in warning that higher prices will be needed to incentivize miners to bring new production online. Bloomberg News | March 8, 2023 | 1:48 pm
Battery metal frenzy outshines recovery fears at PDAC The rush for battery metals has prompted a flurry of activity from investors not typically associated with the mining industry. Bloomberg News | March 8, 2023 | 12:28 pm
China copper exports to jump in rare deliveries to LME depots At least four major smelters are planning to deliver between 23,000 and 45,000 tons of refined copper in total to LME depots in Asia. Bloomberg News | March 8, 2023 | 9:47 am
Sanjeev Gupta takes on father’s group in metals empire reshuffle Ownership of the Simec Group will be transferred to his son from Parduman Gupta as he retires near the age of 80. Bloomberg News | March 8, 2023 | 9:22 am
Battery bonanza is being sparked by coal’s exit in Australia Australia’s rapid shift from coal-fired power to cleaner alternatives is underwriting a boom in battery projects able to store solar and wind energy. Bloomberg News | March 8, 2023 | 5:52 am
Peru to unleash stranded copper with roadblocks largely cleared Peru expects shipments of commodities will begin to normalize within days as the nation’s worst street protests in decades ease. Bloomberg News | March 7, 2023 | 9:28 am
Argentina moves to stop wetlands bill from foiling lithium boom The country has been working on legislation to protect its wetlands amid sprawling fires often blamed on farmers. Bloomberg News | March 7, 2023 | 9:20 am
