Sleepy copper ETF surges to $1.7 billion assets as EV bets boom

The Global X Copper Miners ETF saw a record $196.1 million inflow during Tuesday’s broader selloff on inflation concerns, increasing the fund’s assets 13% to an all-time high.

Bloomberg News | December 15, 2021 | 1:27 pm

The Black Forest holds a secret to making electric cars greener

For decades, geothermal plants in the Upper Rhine Valley have been pumping up hot fluids from beneath the earth’s surface to generate electricity, but the facilities never bothered about the lithium in the brine.

Bloomberg News | December 14, 2021 | 3:33 pm

LG Energy strikes supply deal with recycling firm

South Korea’s LG Chem Ltd. and its battery unit LG Energy Solution agreed to buy 20,000 tonnes of battery-grade nickel from Li-Cycle over 10 years starting in 2023 as part of a deal that includes a $50 million investment in the

Bloomberg News | December 14, 2021 | 8:31 am

Nobel winner suggests letting EVs power the grid to go green

Rising adoption of battery-powered transport and the further development of vehicle-to-grid, or V2G, systems -- which allow the two-way flow of electricity -- could offer a potentially better option to store renewable energy.

Bloomberg News | December 13, 2021 | 9:03 am

Forrest reignites battle with BHP group for nickel miner

Billionaire mining magnate Andrew Forrest has boosted its offer to buy out Noront Resources.

Bloomberg News | December 13, 2021 | 7:41 am

Biden halts federal aid to new fossil fuel projects overseas

The policy contains significant exemptions, including for compelling national security concerns, foreign policy considerations or the need to expand energy access in vulnerable areas.

Bloomberg News | December 13, 2021 | 7:24 am

How a less-than six-month-old fund shook the nuclear fuel market

The Sprott Physical Uranium Trust holds almost a third of the world’s annual supply -- and it’s getting bigger.

Bloomberg News | December 12, 2021 | 1:42 pm

Under leftist president, Peru faces pitched battle over mining

The battle over mining in Ayacucho is a flashpoint for the new government as well as for global metal markets that rely on Peru’s rich deposits.

Bloomberg News | December 10, 2021 | 10:10 am

Battle for South African platinum miner comes to a boil

South Africa’s Public Investment Corp., the continent’s largest money manager, is an interested observer.

Bloomberg News | December 10, 2021 | 8:00 am

China steps up overseas hunt for ore needed to make aluminum

Some 49% of China’s alumina capacity will be fed by overseas bauxite next year, up from 47% in 2021 and 30% in 2015.

Bloomberg News | December 9, 2021 | 7:57 am

Gold demand in India seen best in a decade in festival quarter

India consumed 446.4 tons of gold in 2020 and purchases were about 360 tons in the first nine months of this year, WGC data shows.

Bloomberg News | December 8, 2021 | 9:58 pm

Russian billionaire Potanin faces $7 billion divorce claim in London

His ex-wife, Natalia Potanina, is seeking 50% of the value of his stake in MMC Norilsk Nickel.

Bloomberg News | December 8, 2021 | 9:52 am

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