How a ban on Russia’s mining giants could shake the metals world A possible ban on Russian supplies by the London Metal Exchange would be a seismic event for the metals industry. Bloomberg News | October 8, 2022 | 3:41 pm
JPMorgan stuns bond traders with premium bids for troubled miner Metalcorp’s bonds have been in the limelight this week after the company said Monday that it couldn’t repay €70 million debt. Bloomberg News | October 7, 2022 | 1:12 pm
Tycoon faces key vote for plan to tap Vedanta cash reserves The group’s rapid expansion including acquisitions of metal companies has left it with an $11.7 billion debt load as of March. Bloomberg News | October 7, 2022 | 9:17 am
BHP’s plan to keep coal mine open for 93 years ‘delusional’ BHP is seeking approval from Australia’s government to extend the life of the Peak Downs mine. Bloomberg News | October 6, 2022 | 8:21 pm
First US cobalt mining operation to begin after more than 30-year hiatus Jervois Global is starting the first US cobalt mine in Idaho on Friday, according to chief executive Bryce Crocker. Bloomberg News | October 6, 2022 | 2:04 pm
How to make emissions-free iron at temperatures colder than coffee Producing iron at lukewarm temperatures and without coal would skip the most emissions-heavy step without relying on expensive technologies. Bloomberg News | October 6, 2022 | 9:27 am
Gold price drops as mixed US data and OPEC+ cuts cloud Fed outlook Gold slipped as fresh data continued to paint a mixed picture of the US economy. Bloomberg News | October 6, 2022 | 9:15 am
Zinc and aluminum prices rise as LME bans new metal from Russian firm Prices climbed after the London Metal Exchange said it will restrict new deliveries from Russia’s Ural Mining & Metallurgical Co. Bloomberg News | October 6, 2022 | 8:23 am
Climate systems ‘breakdown’ looms as coal investments soar Almost half the coal industry is expanding, with China leading the way. Bloomberg News | October 6, 2022 | 8:16 am
LME blocks new metal from Russia’s UMMC after UK sanctions The move is by far the most significant restriction on Russian supplies by the world’s main metals market since the invasion of Ukraine. Bloomberg News | October 5, 2022 | 1:53 pm
Coal revival threatens to push power sector emissions to record Global carbon emissions from power plants may be headed for a record high this year. Bloomberg News | October 5, 2022 | 7:59 am
World’s largest oilfield contractor tackles lithium’s water woes Schlumberger NV is teaming up with a MIT spinoff on efforts to limit the amount of water needed to produce lithium. Bloomberg News | October 5, 2022 | 7:53 am