Europe’s top aluminum plant to cut output by 22% on energy costs Aluminium Dunkerque Industries France will begin shutting down a portion of its production pots next Monday. Bloomberg News | September 6, 2022 | 1:05 pm
Aluminum stocks jump as traders eye shift from shortage to glut Warehouse stockpiles tracked by the LME jumped by 11% on Tuesday, the biggest increase since February. Bloomberg News | September 6, 2022 | 10:57 am
Asia coal price hits record as global hunt for fuel escalates Uncertainty over gas flows to Europe and forecast stronger coal demand from the continent is continuing to propel prices of the fuel. Bloomberg News | September 6, 2022 | 7:28 am
The race for US lithium hinges on a fight over a Nevada mine As the Congress’s climate bill rolls out tax credits for electric car makers, some see the state as ground zero for the industry. Bloomberg News | September 6, 2022 | 7:20 am
Oil price jumps near $90 after OPEC+ surprises with token supply cut West Texas Intermediate crude advanced as much as 4.1% to beyond $90 a barrel, before paring some gains. Bloomberg News | September 5, 2022 | 12:43 pm
EV battery maker ProLogium considers UK for $8 billion factory The UK is pushing hard to attract battery makers as the auto industry phases out the internal combustion engine. Bloomberg News | September 5, 2022 | 10:50 am
BYD jumps to No. 2 in global electric car battery market The year-to-date market share rankings were unchanged, with CATL top with 34.7% of the market. Bloomberg News | September 5, 2022 | 10:39 am
Germany to keep nuclear plants in reserve to ease energy crisis Nuclear power accounted for 6% of electricity generation in Germany in the first quarter, compared with more than 30% from coal. Bloomberg News | September 5, 2022 | 10:29 am
Platinum buyers may shun Russian metal when contracts renewed Russia is a significant supplier of both platinum and palladium, which are mostly used to cut emissions from gasoline and diesel vehicles. Bloomberg News | September 5, 2022 | 10:25 am
Gold price steadies as Europe’s energy woes see dollar strengthen Central banks globally are set to keep raising interest rates to fight inflation, weighing on non-yielding assets like gold. Bloomberg News | September 5, 2022 | 8:58 am
Metal plants feeding Europe’s factories face an existential crisis Aluminum production in Europe has dropped to the lowest levels since the 1970s. Bloomberg News | September 4, 2022 | 10:53 am
German Greens deny report on nuclear plant extensions Germany’s Green Party denied a report that it will back a plan allowing some of the nation’s nuclear power plants to continue operating beyond a previously set phase-out date. Bloomberg News | September 3, 2022 | 11:02 am