Peru president replaces mining minister as crisis escalates President Pedro Castillo replaced four ministers amid a mining and fertilizer crisis. Bloomberg News | May 23, 2022 | 1:42 pm
China triples solar investments as clean energy push accelerates The nation is forecast to add a record 220 gigawatts of total power capacity this year, according to the NEA. Bloomberg News | May 23, 2022 | 9:22 am
Chinese, Australian investors battle for largest lithium deposit AVZ Minerals is battling to retain control of the Manono lithium project in DRC, potentially the world’s largest untapped lithium deposit, amid ownership claims from Chinese investors. Bloomberg News | May 23, 2022 | 9:19 am
Metals traders ‘self sanction’ key Russian palladium, disrupting markets Traders are concerned about getting stuck with Russian-branded bars if they are unable to sell them. Bloomberg News | May 23, 2022 | 9:09 am
Mine auction draws 3,448 bids amid scramble for lithium The Dechenonba lithium mine in Sichuan’s Yajiang area covers 1.14 square kilometers, with estimated reserves of 24.9 million tonnes. Bloomberg News | May 23, 2022 | 9:01 am
How robots can help build offshore wind turbines more quickly Western leaders who want to wean their economies off Russian fossil fuels are facing tremendous challenges. Bloomberg News | May 22, 2022 | 10:17 am
China spent over $6 billion on Russian energy imports in April Purchases of oil, gas and coal jumped 75%. Bloomberg News | May 20, 2022 | 12:18 pm
Tesla battles for battery engineers commanding CFO-like salaries In 2021, salaries for US battery engineers ranged from around $100,000 for a junior position to nearly $200,000 for a director. Bloomberg News | May 20, 2022 | 7:43 am
Ex-coal miner buying McDonald’s in Russia is rebranding an Era McDonald’s agreed to sell its network of 850 restaurants to former Siberian coal mine owner Alexander Govor. Bloomberg News | May 20, 2022 | 7:28 am
Payouts from Polyus to fund Islamic charity after sanctioned billionaire exits The Kerimov family gave a 46.35% stake in Polyus to the Fund for Support of Islamic Foundations in Russia. Bloomberg News | May 20, 2022 | 7:08 am
BHP still sees room to negotiate with Samarco’s creditors Samarco became unable to pay its $10.2 billion debt after its waste dam collapsed in 2015, killing 19 people. Bloomberg News | May 20, 2022 | 6:54 am
Arconic to sell Russian operations, take $500 million charge The Pittsburgh-based aluminum-sheet manufacturer said the conflict in Ukraine has made its operation in Russia untenable. Bloomberg News | May 19, 2022 | 3:25 pm