He who hesitates may be lost in China’s electric car market Car buyers may be delaying any EV purchase at their peril. Bloomberg News | March 28, 2022 | 7:13 am
World looks to Canada to fill potash, uranium void left by Ukraine Canada is one of the world’s main sources of the two commodities and buyers seek to fill gaps caused by the war in Ukraine. Bloomberg News | March 28, 2022 | 3:17 am
Gold jeweler Joyalukkas files for $300m India IPO The proceeds from the issue will be used to pay back some loans and to open new stores. Bloomberg News | March 27, 2022 | 11:20 am
War sparks Wall Street’s rush to commodity-rich emerging markets A deep divide is opening up as investors focus their hopes on commodity exporters in the Middle East and Latin America. Bloomberg News | March 27, 2022 | 11:09 am
India asks power firms to import coal on electricity demand Coal contributes nearly 70% of India’s electricity supply. Bloomberg News | March 26, 2022 | 2:23 pm
Africa’s top bauxite exporter Guinea posts 4% rise in shipments Despite endemic levels of poverty, Guinea vies with Australia as China’s largest supplier of bauxite. Bloomberg News | March 26, 2022 | 1:49 pm
Nickel market still broken as price swings wildly on low volume Since reopening on March 16, Friday was only the second day that the nickel market remained within the LME’s new daily price limits. Bloomberg News | March 25, 2022 | 2:35 pm
China’s electric car battery champion is mostly welcome in US Contemporary Amperex Technology Co. Ltd. is scouting sites for a new $5 billion battery plant in North America. Bloomberg News | March 25, 2022 | 9:59 am
South African white diamond could fetch more than $20 million on auction The largest white diamond ever to come to auction will hit the block at Christie’s in Geneva on May 11. Bloomberg News | March 25, 2022 | 8:46 am
Tiffany joins Signet in banning new diamonds mined in Russia The companies’ bans apply only to newly mined gems, meaning Russian diamonds will still be available in their stores for at least several months. Bloomberg News | March 25, 2022 | 8:31 am
LME to nearly double its default fund after nickel price squeeze The LME’s handling of the crisis has sparked fury among investors and traders. Bloomberg News | March 25, 2022 | 8:16 am
Powerful clouds of methane spotted in Alabama coal country Powerful clouds of the greenhouse gas methane have been observed by satellite near a coal-mining basin in Alabama, highlighting an often overlooked climate impact from the dirtiest fossil fuel. Bloomberg News | March 25, 2022 | 8:08 am