Norway’s last coal mine extends life to feed European industry Mine 7 will continue production of bituminous coal, used primarily in the steel industry, until July 2025. Bloomberg News | September 2, 2022 | 9:58 am
Andrew Forrest’s hydrogen unit to speed expansion plans Analysts have raised questions about Fortescue’s spending on the green unit after the miner last month reported a 40% drop in full-year profit. Bloomberg News | September 2, 2022 | 8:44 am
South Korea sees ‘betrayal’ in Biden’s electric vehicle push South Korean Trade Minister Lee Chang-yang will visit the US this month to lobby against the new measures. Bloomberg News | September 2, 2022 | 8:33 am
Apple’s car is beloved before it even exists Bloomberg has reported Apple is shooting for a fully autonomous electric car and aims to have one ready around 2025. Bloomberg News | September 2, 2022 | 8:24 am
Vale-BHP nearly double offer in mine disaster settlement The collapse of a dam at the Samarco mine complex in 2015 killed 19 people and severely polluted the Doce River with mining waste. Bloomberg News | September 2, 2022 | 8:13 am
Metals rout deepens as China lockdowns add to growth fears A wave of risk aversion hit markets on Thursday, dragging copper down to near a one-month low. Bloomberg News | September 1, 2022 | 1:15 pm
Gold price falls to six-week low as dollar rallies on sour sentiment European stocks and US futures declined on Thursday, coming under pressure from the increasingly tight outlook for monetary policy and a lockdown in China. Bloomberg News | September 1, 2022 | 12:53 pm
China copper giant wins banks’ backing amid liquidity woes Lenders have agreed to provide credit support to Maike, including extensions on existing loans, the company said in a statement. Bloomberg News | September 1, 2022 | 8:33 am
McEwen lands Rio Tinto venture for Argentina-focused copper unit Rio’s copper leaching technology venture, Nuton, snapped up most of the McEwen Copper shares in the final tranche of a private placement. Bloomberg News | September 1, 2022 | 8:21 am
The next big battery material squeeze is old batteries It could take 15 years or more for old batteries to eventually arrive at recycling plants. Bloomberg News | September 1, 2022 | 8:12 am
Column: Surging copper demand will complicate the clean energy boom Copper demand will increase by more than 50% between now and 2040, according to BloombergNEF. Bloomberg News | September 1, 2022 | 7:55 am
Indika turns to gold, electric bikes in shift away from coal Indika has spent $300 million to expand non-coal businesses. Bloomberg News | September 1, 2022 | 7:43 am