Rubio questions Volkswagen’s ties to metal suppliers in China over human rights The probe is part of a broader debate over humanitarian issues in supply chains for materials needed in clean energy technology. Bloomberg News | April 28, 2022 | 8:40 am
Peabody sinks after taking $301 million charge on coal hedge Chief executive officer Jim Grech said strong global market dynamics will continue to favour its products. Bloomberg News | April 28, 2022 | 8:30 am
SEC sues Vale for false claims tied to Brumadinho dam collapse The SEC’s complaint, filed in federal court in Brooklyn, is seeking civil penalties, ill-gotten gains plus interest. Bloomberg News | April 28, 2022 | 8:25 am
One by one, mega miners show why metals supply is so squeezed Glencore Plc is the latest giant miner to pare back production forecasts, in what’s turning out to be a difficult start to the year for companies. Bloomberg News | April 28, 2022 | 8:18 am
China cuts coal import tariffs to zero to increase supply China’s coal imports are down 24% through the end of March this year as global prices have soared. Bloomberg News | April 28, 2022 | 8:08 am
Top bid for lithium up 140% after Musk’s ‘insane levels’ call Pilbara Minerals Ltd.’s auction of spodumene concentrate attracted a top bid of $5,650 a ton on Wednesday. Bloomberg News | April 28, 2022 | 7:59 am
China locks down part of its northern hub for coal shipping The city in Hebei province has locked down its Haigang district, which includes the port, after infections were found in the area. Bloomberg News | April 27, 2022 | 10:17 pm
Silver Lake axes gold sales guidance on virus Other Australian miners Fortescue and Newcrest also said their operations were being affected by Covid-related disruptions. Bloomberg News | April 27, 2022 | 6:08 pm
Vale unveils ‘massive’ buyback program amid iron windfall The program represents around 10% of Vale's outstanding shares. Bloomberg News | April 27, 2022 | 3:04 pm
GM says it has battery metals secured as industry frets supply GM’s chief executive officer is confident the automaker will have enough materials to build 400,000 electric vehicles this year and in 2023. Bloomberg News | April 27, 2022 | 10:39 am
LME CEO backtracks on exit after nickel chaos Matthew Chamberlain will stay in his role after all instead of leaving to run a crypto startup, as the bourse deals with the ongoing fallout from March’s nickel crisis. Bloomberg News | April 27, 2022 | 10:33 am
The world’s first ETP betting on both bitcoin and gold is here The first ever exchange-traded product combining Bitcoin and gold has launched in Europe. Bloomberg News | April 27, 2022 | 9:48 am