Russia’s mining giants rush to sell metal after LME green light

The decision not to ban Russian metal from LME warehouses has triggered a rush to conclude contracts with the country’s two big producers.

Bloomberg News | November 18, 2022 | 10:03 am

Plans for OPEC of nickel finds doubters in Australia, Canada

Indonesia is the biggest producer of nickel by a wide margin and is home to around 20% of the world’s deposits of the metal.

Bloomberg News | November 17, 2022 | 2:19 pm

How the 2022 World Cup rebuilt a market for dodgy carbon credits

Between the emissions generated by the new construction plus air travel to transport players and fans, the 2022 tournament is shaping up to be the most carbon-intensive on record.

Bloomberg News | November 17, 2022 | 9:06 am

South Africa’s PIC won’t sell stake key to platinum takeover battle

South Africa’s Public Investment Corp. said it’s decided against selling its shares in Royal Bafokeng Platinum Ltd.

Bloomberg News | November 17, 2022 | 7:48 am

Volkswagen delays key EV project as Tesla challenge stumbles

Volkswagen AG’s ambitious push to supplant Tesla Inc. as the global electric-vehicle leader is running into trouble.

Bloomberg News | November 17, 2022 | 7:43 am

Ex-Tesla Australia boss admits to insider trading

Kurt Schlosser, former head of Tesla’s Australian operations, bought shares in Piedmont Lithium after becoming aware that Tesla had reached an agreement with the mining company.

Bloomberg News | November 16, 2022 | 2:53 pm

LME steps up scrutiny of nickel trading as prices swing wildly

Nickel plunged by more than more than 10% in London, rapidly eroding a sharp weekly gain.

Bloomberg News | November 16, 2022 | 9:55 am

Coal miners pay highest US dividends as prices soar to records

US coal producers are projected to offer an average return of about 6% to investors over the next year.

Bloomberg News | November 16, 2022 | 7:49 am

The Biden-Jokowi deal is just one step to turn Indonesia green

A massive $20 billion deal with the US and Japan will kick-start Indonesia’s drive to wean itself off coal power.

Bloomberg News | November 16, 2022 | 7:39 am

Andrew Forrest challenges boards, CEOs to quit fossil fuels

In September, Fortescue committed to spending $6.2 billion over the next decade to decarbonize its Australian mining operations entirely by 2030.

Bloomberg News | November 16, 2022 | 7:02 am

Commodity star lithium shows signs of cooling after 1,200% rally

Spot prices for lithium carbonate in China edged lower on Tuesday to register their first drop since June.

Bloomberg News | November 16, 2022 | 6:53 am

Oz Minerals shares halted pending potential control change

BHP was the likely bidder, but it’s also possible it could be a new entrant because the mining giant hadn’t entered a trading halt, analyst says.

Bloomberg News | November 15, 2022 | 5:21 pm

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