Rio Tinto’s aging Quebec plant gets $374 million upgrade in critical metals push

Fer et Titane plant in Sorel-Tracy to get upgrades that include electrifying furnaces and replacing coal in a push to cut the facility’s carbon emissions in half by 2030.

Bloomberg News | October 11, 2022 | 1:01 pm

China’s building-season flop dents hope of iron ore market boost

Not all market players are pessimistic, with some analysts seeing prices at least stabilizing by the fourth quarter.

Bloomberg News | October 11, 2022 | 10:13 am

EV battery hopeful Britishvolt holds talks on UK site sale as outlook dims

Britishvolt is in talks to divest its 93-hectare lot in Cambois, northern England, to Slovak startup Inobat.

Bloomberg News | October 11, 2022 | 9:04 am

Goldman analysts say markets yet to grasp full impact of Inflation Reduction Act

ESG investors are missing an array of opportunities created by President Joe Biden’s climate bill, according to analysts.

Bloomberg News | October 11, 2022 | 8:10 am

Breakthroughs are helping even cement and steel go electric

Over the past few years a series of innovations are enabling the use of clean electricity to make cement and steel.

Bloomberg News | October 11, 2022 | 7:51 am

Volatility storm adds to pain for Chile’s battered markets

White-knuckle trading in Chilean assets is erasing the final traces of the country’s reputation as the most stable of Latin America.

Bloomberg News | October 11, 2022 | 7:32 am

A $900 million oil bond rout is red flag for green push

A representative for Colombia’s Mines and Energy Ministry said that the government’s energy transition plan includes a leading role for Ecopetrol.

Bloomberg News | October 10, 2022 | 1:17 pm

Hedge fund Elliott, Jane Street can sue LME over nickel trades, court rules

The two firms filed in June for a so-called judicial review of the LME’s actions during the nickel crisis.

Bloomberg News | October 10, 2022 | 12:30 pm

Glencore faces flood of UK litigation following bribery charges

Mubadala Investment Company and International Petroleum Investment Company are among over a dozen funds who filed claims in a London court.

Bloomberg News | October 10, 2022 | 10:36 am

Gold price declines after US jobs data spur more rate-hike concerns

Gold extended a decline after plunging below $1,700 an ounce last week.

Bloomberg News | October 10, 2022 | 9:51 am

The gold market’s great migration sends bullion rushing east

Gold and silver are selling at unusually large premiums over the global benchmark price in some Asian markets.

Bloomberg News | October 10, 2022 | 9:38 am

Strike crimping South African mining exports set to worsen

Transnet, which operates the nation’s industrial ports and freight rail network and fuel pipelines, has declared force majeure on shipments because of the labor action.

Bloomberg News | October 10, 2022 | 8:44 am

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