EV battery maker ProLogium considers UK for $8 billion factory The UK is pushing hard to attract battery makers as the auto industry phases out the internal combustion engine. Bloomberg News | September 5, 2022 | 10:50 am
BYD jumps to No. 2 in global electric car battery market The year-to-date market share rankings were unchanged, with CATL top with 34.7% of the market. Bloomberg News | September 5, 2022 | 10:39 am
Germany to keep nuclear plants in reserve to ease energy crisis Nuclear power accounted for 6% of electricity generation in Germany in the first quarter, compared with more than 30% from coal. Bloomberg News | September 5, 2022 | 10:29 am
Platinum buyers may shun Russian metal when contracts renewed Russia is a significant supplier of both platinum and palladium, which are mostly used to cut emissions from gasoline and diesel vehicles. Bloomberg News | September 5, 2022 | 10:25 am
Gold price steadies as Europe’s energy woes see dollar strengthen Central banks globally are set to keep raising interest rates to fight inflation, weighing on non-yielding assets like gold. Bloomberg News | September 5, 2022 | 8:58 am
Metal plants feeding Europe’s factories face an existential crisis Aluminum production in Europe has dropped to the lowest levels since the 1970s. Bloomberg News | September 4, 2022 | 10:53 am
German Greens deny report on nuclear plant extensions Germany’s Green Party denied a report that it will back a plan allowing some of the nation’s nuclear power plants to continue operating beyond a previously set phase-out date. Bloomberg News | September 3, 2022 | 11:02 am
Norway’s last coal mine extends life to feed European industry Mine 7 will continue production of bituminous coal, used primarily in the steel industry, until July 2025. Bloomberg News | September 2, 2022 | 9:58 am
Andrew Forrest’s hydrogen unit to speed expansion plans Analysts have raised questions about Fortescue’s spending on the green unit after the miner last month reported a 40% drop in full-year profit. Bloomberg News | September 2, 2022 | 8:44 am
South Korea sees ‘betrayal’ in Biden’s electric vehicle push South Korean Trade Minister Lee Chang-yang will visit the US this month to lobby against the new measures. Bloomberg News | September 2, 2022 | 8:33 am
Apple’s car is beloved before it even exists Bloomberg has reported Apple is shooting for a fully autonomous electric car and aims to have one ready around 2025. Bloomberg News | September 2, 2022 | 8:24 am
Vale-BHP nearly double offer in mine disaster settlement The collapse of a dam at the Samarco mine complex in 2015 killed 19 people and severely polluted the Doce River with mining waste. Bloomberg News | September 2, 2022 | 8:13 am
