LG Energy pins hopes on America growth as EV battery sales climb

The South Korean company reiterated its target of tripling revenue in North America in five years, with the EV market there forecast to see compound annual growth rate of 33% by 2030.

Bloomberg News | October 26, 2022 | 9:56 am

World’s largest CO2 removal deal ever depends on tech that isn’t ready yet

British energy company Drax Group wants to build power plants that burn wood chips, capture emissions produced from the process and bury them deep underground.

Bloomberg News | October 26, 2022 | 9:35 am

European aluminum giant calls for sanctions on Russian metal

Norsk Hydro, which operates the largest primary aluminum plant in Europe, is calling for sanctions to be imposed on Russian metals.

Bloomberg News | October 26, 2022 | 9:20 am

Brit socialite in gold laundering trial was ‘functioning addict’

James Stunt, the former son-in-law of motor racing supremo Bernie Ecclestone, told a court in Leeds the charges against him are slanderous and railed against an “oppressive” police investigation and prosecutors.

Bloomberg News | October 26, 2022 | 8:46 am

Traders bet on aluminum price surge as LME weighs Russia ban

Aluminum traders are making bold bets in the options market to position for price spikes later this year

Bloomberg News | October 26, 2022 | 7:45 am

China’s lithium appetite to fuel European production, miner says

Australia's Critical Metals is attempting to cash in on soaring demand for lithium.

Bloomberg News | October 25, 2022 | 7:14 pm

There’s no cheap way to sidestep China’s energy supply chains

China dominates clean energy supply chains and has enough manufacturing capacity to meet global demand for most of the solar market to 2030.

Bloomberg News | October 25, 2022 | 2:13 pm

Cliffs tumbles as outlook suggests more pain for steel

The second-largest US steelmaker said Tuesday that it is being hit by higher input costs and maintenance activities, which led to adjusted earnings before items of $436 million in the third quarter, about 50% below analyst estimates.

Bloomberg News | October 25, 2022 | 9:34 am

Europe crisis spurs Botswana $2.5 billion coal-to-liquid revival

Botswana is seeking to secure funding partners for a $2.5 billion plant to produce synthetic fuels from coal.

Bloomberg News | October 25, 2022 | 8:49 am

Russia ships record volumes of gas and steelmaking coal to China

Coking coal imports from Russia jumped to 2.5 million tons in September, from about 900,000 tons in the same month last year.

Bloomberg News | October 25, 2022 | 7:52 am

Europe’s first lithium mine agrees to merge with Sizzle SPAC

A unit of Australian miner European Lithium Ltd. has agreed to go public on Nasdaq through a merger with blank-check company Sizzle Acquisition Corp. 

Bloomberg News | October 25, 2022 | 7:49 am

Researchers find possible replacement for rare earth in magnets

It could be possible to produce tetrataenite, an iron-nickel alloy, at scale by adding the common element phosphorous, researchers found.

Bloomberg News | October 24, 2022 | 5:21 pm

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