Biden’s battery metals boost could ease US dependence on China Reducing the US’s dependence on China for battery materials is a uniquely bipartisan issue. Bloomberg News | April 5, 2022 | 7:47 am
US coal prices top $100/t for first time since 2008 Prices for coal from Central Appalachia surged 9% to $106.15 a ton last week, the highest since late 2008. Bloomberg News | April 4, 2022 | 2:49 pm
US coal power to fall 45% by decade’s end in shift from dirtiest fossil fuel Electricity producers have announced plans to shutter 99.2 gigawatts of coal plants through 2030, IEEFA said in a report. Bloomberg News | April 4, 2022 | 2:46 pm
Metals world agonizes over war but keeps buying from Russia The question of what happens to Russia’s metal exports is of vast consequence to global markets -- it’s a key supplier of palladium, nickel, aluminum, steel and copper. Bloomberg News | April 4, 2022 | 2:44 pm
Poland wants coal use beyond EU net-zero date in security push Poland signaled that it wants to use coal to produce electricity after 2049 to bolster its energy security. Bloomberg News | April 4, 2022 | 12:45 pm
LME faces UK regulatory review over nickel market turmoil The Financial Conduct Authority will review the suspension and resumption of the nickel market last month. Bloomberg News | April 4, 2022 | 7:54 am
Tharisa plans to start platinum output in Zimbabwe in two years While Zimbabwe has the world’s third-biggest reserves of platinum-group metals, development has been stymied by political instability. Bloomberg News | April 4, 2022 | 7:48 am
The battery metal really worrying China is lithium, not nickel Lithium carbonate in China jumped about 472% from a low last June to a record high on March 15. Bloomberg News | April 4, 2022 | 7:19 am
Ivanhoe, Vedanta among first seeking Saudi exploration licence Mining is a crucial part of Crown Prince Mohammed bin Salman’s attempt to diversify the economy from oil. Bloomberg News | April 4, 2022 | 7:04 am
The price for Europe to wean off Russian gas keeps going up The war in Ukraine is making steel, copper and aluminum scarce and more expensive. Bloomberg News | April 3, 2022 | 10:50 am
UK to unveil energy revamp with focus on nuclear and wind Government minister Grant Shapps said he expects to see proposals for more nuclear reactors. Bloomberg News | April 3, 2022 | 10:21 am
Peru to target miners’ ‘excess profits’ in tax reforms Peru will focus on surplus profits, potentially through an “adjustment” to taxes. Bloomberg News | April 2, 2022 | 5:28 pm