Gold as inflationary hedge makes Turkey world’s biggest buyer The central bank’s gold reserves were at the highest level on record, the World Gold Council said in a report Tuesday. Bloomberg News | January 31, 2023 | 10:42 am
Vedanta said to scrap plans to sell mega Indian copper smelter The copper smelter, located in the southern state of Tamil Nadu, accounted for almost 40% of the metal’s production in the country. Bloomberg News | January 31, 2023 | 10:30 am
Biden blocks Pebble copper-gold mine in Alaska Bristol Bay supplies roughly half of the world’s wild sockeye salmon. Bloomberg News | January 31, 2023 | 6:28 am
Biden to block Pebble project in Alaska The Environmental Protection Agency’s final determination expected soon would effectively block the mine planned by Northern Dynasty Minerals. Bloomberg News | January 30, 2023 | 1:44 pm
Philippines may tax nickel exports to follow Indonesia’s success Indonesia and the Philippines are the world’s biggest suppliers of nickel. Bloomberg News | January 30, 2023 | 9:39 am
Lithium’s historic rally fuels record profits for China’s miners China’s big lithium miners are set to reap record earnings after booming demand for the metal. Bloomberg News | January 30, 2023 | 6:41 am
UK’s power switch-off shows future for cleaner energy grid The UK had a preview of the choices that will have to become commonplace as the world transitions to clean energy sources. Bloomberg News | January 29, 2023 | 10:35 am
Scholz visits South America in race with China for lithium Olaf Scholz hopes his trip to Latin America will help secure the lithium supplies that Mercedes-Benz and Volkswagen need. Bloomberg News | January 29, 2023 | 10:11 am
Rio Tinto has lost radioactive capsule in West Australian desert Rio and the Australian government are attempting to find a 6-8mm widget that contains a small amount caesium-137. Bloomberg News | January 29, 2023 | 9:56 am
Peru’s violent protests imperil 30% of its copper output The unrest also jeopardizes the rollout of $53.7 billion in possible investments at a time when the world needs to accelerate decarbonization. Bloomberg News | January 27, 2023 | 11:09 am
Yellen says South African coal communities need $3.5 billion South Africa has identified more than R60 billion of investments needed to help communities in the coal-mining Mpumalanga province. Bloomberg News | January 27, 2023 | 8:34 am
Clean energy sets $1.1 trillion record that’s bound to be broken 2022 was the first year when investment in decarbonizing energy surpassed $1 trillion. Bloomberg News | January 26, 2023 | 8:03 am