Argentina pressing US for exception to tap EV tax bonanza

The key to whether producers in Argentina and some other nations will be eligible for the tax credits is in the interpretation of “extracted or processed.”

Bloomberg News | December 2, 2022 | 12:20 pm

Jokowi points to Taiwan, South Korea as models in rebuke of West

As part of his efforts to bolster growth in Indonesia, Joko Widodo has placed temporary bans on exports of raw materials like nickel ore.

Bloomberg News | December 2, 2022 | 7:42 am

JPMorgan gold trader’s spoofing wasn’t illegal, lawyer says

Christopher Jordan is the last of four men who worked on the JPMorgan precious-metals desk to be prosecuted for deceptive buy and sell orders.

Bloomberg News | December 1, 2022 | 9:17 pm

Biden moves to bar mining waste in Alaska, blocking Pebble mine

The EPA issued a formal recommendation Thursday to bar the disposal of mining waste in Bristol Bay, which hosts the world’s largest harvest of sockeye salmon.

Bloomberg News | December 1, 2022 | 5:21 pm

Nutrien sees fertilizer shortfall on Russia and Belarus woes

The Saskatchewan-based company has said it will ramp up potash output capability to 18 million tonnes by 2025, a 40% increase compared to 2020.

Bloomberg News | December 1, 2022 | 4:10 pm

Volkswagen, Mercedes are in Canada’s sights for EV deals

Canadian business groups have been sounding the alarm over massive tax credits contained in the US Inflation Reduction Act to encourage electric vehicle production.

Bloomberg News | December 1, 2022 | 9:58 am

Chinese nickel producer Lygend Resources debuts in Hong Kong

The Chinese nickel producer is the first among eight newcomers to list in the Asian financial hub this month.

Bloomberg News | December 1, 2022 | 7:56 am

Platinum mining target says takeover battle damages operations

Royal Bafokeng Platinum said competing offers from Impala Platinum and Northam Platinum have created uncertainty.

Bloomberg News | December 1, 2022 | 7:50 am

JPMorgan joins HSBC as vault custodian for top gold ETF

The lender will now act as an additional custodian for the SPDR Gold Trust, according to a statement from the World Gold Council.

Bloomberg News | December 1, 2022 | 7:28 am

Goro nickel mine faces increased regulation after tailings leak

The mine was forced to reduce output due to a “limited release of salt-laden liquid” after heavy rains in August.

Bloomberg News | November 30, 2022 | 1:40 pm

Rising credit risks pose huge challenge for the worst polluters

Companies most susceptible to credit risks are those involved in the coal, chemicals, mining, and oil and gas industries, according to Moody’s.

Bloomberg News | November 30, 2022 | 10:20 am

Ex-JPMorgan gold trader faces final trial in spoofing saga

Christopher Jordan’s trial starting Wednesday is part of a long crackdown by the US on market manipulation since the 2008 financial crisis.

Bloomberg News | November 30, 2022 | 10:04 am

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