China coal futures surge to record as flooding swamps mining hub Floods have closed 60 of the 682 coal mines in Shanxi province, which has produced 30% of China’s supply of the fuel this year. Bloomberg News | October 11, 2021 | 8:54 am
Codelco raises Europe copper premium by 31% in bullish signal Codelco offered to supply copper to European customers at a $128 premium over futures next year. Bloomberg News | October 11, 2021 | 8:42 am
Billionaire Forrest plans green energy factory to rival China Fortescue’s energy unit will build a plant with initial capacity to make two gigawatts of electrolyzers a year in Gladstone, Queensland. Bloomberg News | October 11, 2021 | 8:39 am
Iron ore price surge is latest spike to fuel inflation fears Iron ore has suddenly gone from commodity laggard to a top performer. Bloomberg News | October 11, 2021 | 8:29 am
The hottest party in the metals world is back, but much smaller LME Week resumes amid continued covid risk. Bloomberg News | October 10, 2021 | 2:51 pm
Gold’s lackluster year may get a boost as stagflation risks grow Bullion is heading for the biggest annual decline since 2015. Bloomberg News | October 8, 2021 | 10:17 am
Musk to move Tesla headquarters to Texas from California Elon Musk announced the move at the Austin plant Thursday during the electric-vehicle maker’s shareholder meeting. Bloomberg News | October 8, 2021 | 8:03 am
Vale opens door to base metal merger once its house is in order The world’s second-largest producer of iron ore continues to weigh up the pros and cons of forming a separate company with its copper and nickel mines in Canada, Brazil and Indonesia. Bloomberg News | October 8, 2021 | 4:48 am
Congo looks to lure more investment to tap green metals deposits DRC’s new government plans to make infrastructure improvements and tax changes to lure more companies. Bloomberg News | October 7, 2021 | 11:13 am
Coal industry is getting ample funding to pile into new plants Less than 5% of the firms on the Global Coal Exit List have announced a coal exit date, according to a report. Bloomberg News | October 7, 2021 | 9:22 am
Peru president picks moderate cabinet criticized by his party Former head of congress Mirtha Vasquez was sworn in as prime minister on Wednesday evening, replacing the outgoing Guido Bellido. Bloomberg News | October 6, 2021 | 3:26 pm
Bacanora sees a way through Mexican lithium crackdown Bacanora sees enough in the proposal submitted to Congress last week to carry on with development given early construction work had already started. Bloomberg News | October 6, 2021 | 3:09 pm