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
Panasonic to spend $5 billion on EV batteries, software The Osaka-based manufacturer will invest 400 billion yen in growth segments including electric-vehicle cells. Bloomberg News | April 1, 2022 | 11:39 am
Russia seeks new ways to sell its $20-billion-a-year gold output Russian miners are considering direct exports, and both producers and lenders are exploring sales in Asia and the Middle East. Bloomberg News | April 1, 2022 | 9:16 am
Biden team weighs a massive release of oil to combat inflation West Texas Intermediate futures dropped as much as 5.5% on Thursday on signs the U.S. was considering the release. Bloomberg News | March 31, 2022 | 3:31 pm
Copper tightness ‘is far beyond a price issue,’ Freeport CEO says "The market is going to need it far faster than companies like ours can produce it.” Bloomberg News | March 31, 2022 | 2:46 pm
Some gold refineries are refusing to remelt Russian bars Russian gold’s pariah status underlines the contradictions in raw materials markets toward Moscow’s war. Bloomberg News | March 31, 2022 | 1:10 pm
Biden invokes Cold War powers to boost EV battery production This could help mining companies access $750 million under the Defense Production Act’s Title III fund. Bloomberg News | March 31, 2022 | 10:18 am