Does Elon Musk still want to be the CEO of Tesla? “Of course, I prefer Elon to be CEO but he abandoned Tesla,” Leo KoGuan, one of Tesla’s biggest individual shareholders, tweeted last week. Bloomberg News | December 21, 2022 | 9:22 am
Gold price holds gains driven by fallout from surprise BOJ yield pivot Gold steadied after rallying on Tuesday as the Bank of Japan’s unexpected yield-curve-control policy rattled markets and weighed on the dollar. Bloomberg News | December 21, 2022 | 8:43 am
Ivanhoe Mines confirms link to Congo aide in copper corruption case Ivanhoe struck a deal last year with Vidiye Tshimanga, a top aide to Congo’s President Felix Tshisekedi, the firm said in a statement on Dec. 14. Bloomberg News | December 21, 2022 | 8:23 am
Nornickel mulls cutting output by 10% next year The war in Ukraine has impacted the miner by disrupting logistics, insurance and shipping. Bloomberg News | December 20, 2022 | 8:30 am
Raw lithium exports banned in Zimbabwe as demand and prices soar Mining companies that are building processing plants will be excluded from the directive. Bloomberg News | December 20, 2022 | 8:22 am
Fortescue reveals green steel plans but warns task is enormous The world’s fourth-biggest iron ore miner has joined forces with Japan’s Mitsubishi and European steelmaker Voestalpine to develop zero-carbon iron using hydrogen at a plant in Austria. Bloomberg News | December 19, 2022 | 2:37 pm
WTO on ‘thin ice’ with metals tariff ruling, US trade chief says The WTO ruling, issued earlier this month, “really challenges the integrity of the system,” Trade Representative Katherine Tai said. Bloomberg News | December 19, 2022 | 11:58 am
Toronto hedge fund surges 39% on lithium bets The Vivid Energy Fund is short companies that focus on direct lithium extraction, such as Vancouver-based Standard Lithium. Bloomberg News | December 19, 2022 | 10:09 am
Nickel tycoon plans new plant to avoid future LME short squeezes Tsingshan is building a plant in Sulawesi, Indonesia, to produce 50,000 tonnes of refined nickel a year. Bloomberg News | December 19, 2022 | 8:10 am
Germany pushes back on Putin’s ‘blackmail’ with gas terminal German Chancellor Olaf Scholz said his country won't be blackmailed by Russian President Vladimir Putin. Bloomberg News | December 17, 2022 | 8:00 pm
Panama leaves door open to eleventh-hour deal for giant mine A shock announcement by Panama to intervene in a privately run copper mine may not be as definitive as first thought. Bloomberg News | December 17, 2022 | 7:32 pm
Stolen Dresden diamonds recovered in Berlin police raid Police special forces found 31 items representing a “significant part” of the artifacts stolen from Dresden's Green Vault. Bloomberg News | December 17, 2022 | 7:18 pm