Aluminum is outperforming copper as China cracks down on prices Aluminum has overtaken copper as the second-best performer on the London Metal Exchange this year. Bloomberg News | June 22, 2021 | 7:52 am
Glencore to reopen one of world’s biggest cobalt mines Glencore said in August 2019 that it would close the mine for two years to carry out care and maintenance. Bloomberg News | June 21, 2021 | 2:42 pm
Congo digs in over renewal of billionaire Gertler’s oil permits DRC and Dan Gertler are headed for a fight over the Israeli billionaire’s two oil blocks bordering Uganda. Bloomberg News | June 21, 2021 | 12:25 pm
Coal-loving Australia rejects green hub on environment risks The renewable energy hub was initially expected to go through fast approvals processes toward its target of first exports by 2028. Bloomberg News | June 21, 2021 | 9:31 am
Australia’s mining hub needs workers for boom times Some $105 billion in projects in Western Australia’s resources sector may not be fully realized unless the state addresses a chronic shortage in skilled workers. Bloomberg News | June 21, 2021 | 8:09 am
China tightens grip on coal market as prices continue to rise Chinese regulators shut more coal mines amid rising concern over industrial accidents. Bloomberg News | June 20, 2021 | 8:33 pm
Climate ‘bad banks’ dedicated to running down coal mines Investing in coal mine 'bad banks' not necessarily sustainable. Bloomberg News | June 20, 2021 | 1:20 pm
The climate change fight is adding to the global inflation scare The potential price hit from the green revolution is adding to the arguments about the inflation outlook that are already brewing. Bloomberg News | June 20, 2021 | 9:40 am
Goldman’s Currie says buy commodities dip, bull case intact The latest pullback in commodity prices represents one of the biggest tests yet for the current supercycle thesis. Bloomberg News | June 18, 2021 | 1:20 pm
Copper, gold price bulls nurse their wounds but fight’s not over yet While there are many reasons to still bet on a so-called supercyle, it’s unlikely to be plain sailing. Bloomberg News | June 18, 2021 | 1:17 pm
A giant copper union joins push for bigger state role in Chile The FTC, which brings together unions at Chile’s state-owned copper producer Codelco, wants privately-run mines to pay 75% of earnings in tax. Bloomberg News | June 18, 2021 | 1:01 pm
As copper plunges, Appian bets on shortages from electrification The private equity fund is ramping up a new mine in Brazil’s northeastern region. Bloomberg News | June 18, 2021 | 12:58 pm