Zijin adds China mine in race to join lithium’s global top tier The group plans to pay 1.8 billion yuan ($269 million) for a 71% stake in a company mining for lithium in Hunan province. Bloomberg News | July 1, 2022 | 8:24 am
Oil posts first monthly drop this year as OPEC hikes supply West Texas Intermediate dropped below $106 a barrel on Thursday, posting a monthly decline of 7.8%. Bloomberg News | June 30, 2022 | 2:53 pm
Volkswagen pulls out all stops to address China challenges Chief Executive Officer Herbert Diess called China the company’s “second home market” this week. Bloomberg News | June 30, 2022 | 10:57 am
Four charts reveal seismic shifts in global energy within one lifetime Wind, solar, geothermal, biomass, and small hydropower are now 13% of global power generation. Bloomberg News | June 30, 2022 | 8:59 am
Supreme Court curbs EPA’s climate authority in blow to Biden A deeply divided US Supreme Court restricted the Environmental Protection Agency’s authority to curb greenhouse gases from power plants. Bloomberg News | June 30, 2022 | 8:36 am
Top African fund manager is key to platinum takeover battle Impala Platinum Holdings said Africa’s biggest fund manager must make a decision over what to do with its Royal Bafokeng Platinum Ltd. stake Bloomberg News | June 30, 2022 | 8:31 am
Metals set for worst quarter since 2008 on global downturn angst The London Metal Exchange Index has tumbled 23% since the end of March. Bloomberg News | June 30, 2022 | 8:26 am
SocGen blames Clifford Chance in $483 million gold suit SocGen said the law firm “committed errors” and was “negligent” when it represented the French lender in a case against Turkish jewelers. Bloomberg News | June 29, 2022 | 10:17 am
Prices triple in Brazil’s lopsided market for carbon credits Something is amiss in Brazil’s biggest carbon market. Bloomberg News | June 29, 2022 | 10:01 am
LG reviews $1.3 billion Arizona battery plant on rising costs LG had planned to build a plant with 11 gigawatt hours of capacity in Queen Creek, Arizona. Bloomberg News | June 29, 2022 | 9:44 am
Tianqi Lithium seeks up to $1.7 billion in Hong Kong listing The company intends to use the proceeds for purposes including repaying debt, funding the construction of a plant and for working capital. Bloomberg News | June 29, 2022 | 8:18 am
BYD’s 66% gain catapults stock to near trillion yuan market cap Analysts expect the firm to sell 1.5 million vehicles this year, doubling from 2021. Bloomberg News | June 29, 2022 | 8:11 am