Cobalt supply must double by 2030 to meet demand - Trafigura exec

Electric cars will cost more using ethically sourced batteries

The European Union’s efforts to ethically source a key battery metal face headwinds that could make it more expensive for automakers to go electric.

Bloomberg News | March 15, 2021 | 9:50 am

Indonesian miner Antam buys 30% stake in Tsingshan's smelter

The king of nickel is betting big on a green future in batteries

Tsingshan made numerous bold moves on its path to becoming the world’s largest nickel producer, but its new plan to supply carmakers with cheap, clean metal could be its biggest breakthrough yet.

Bloomberg News | March 15, 2021 | 8:22 am

VW plans to be battery juggernaut in $29 billion answer to Tesla

Company is stepping up its game to become the world’s biggest electric-car maker with a plan to build six battery factories in Europe.

Bloomberg News | March 15, 2021 | 7:54 am

Vedanta says Anglo American stake buy meets Gov’t criteria

Billionaire commodities dealmaker squeezed by rising rates

Anil Agarwal supercharged his rise from scrap metals trader to billionaire commodities magnate by embracing bold acquisitions and lots of debt.

Bloomberg News | March 15, 2021 | 4:38 am

Mining projects will come if Colombia solves bottlenecks - Vice Minister

American drillers line up to unlock Colombian copper riches

Authorities plan to award five copper exploration blocks by the end of June in Cordoba and La Guajira provinces.

Bloomberg News | March 12, 2021 | 2:52 pm

Freeport-McMoRan plans aggressive copper investment in south-west US

Copper price rally has echoes of supercycle for Freeport CEO

For Freeport, the jump in copper prices is creating “a magical time” given it’s coinciding with the ramp-up of its Grasberg mine in Indonesia.

Bloomberg News | March 12, 2021 | 9:33 am

Coal resurgence in Colombia is coming at just the right time

As Glencore walks, Colombia envisages decades of coal mining

The South American nation better known for its coffee and crude is also a major supplier to European coal-fired power plants.

Bloomberg News | March 11, 2021 | 3:35 pm

Lithium miners are going to compete for new licenses in Chile

The South American nation has been losing market share as new frontiers open up ahead of an expected tripling of demand for lithium.

Bloomberg News | March 11, 2021 | 12:25 pm

Will rates rally further, pushing gold down?

BlackRock says gold ‘failing’ as equity hedge, faces risks

BlackRock says that right now gold isn’t working well as a hedge against either stock moves or inflation risks, although it was against the dollar.

Bloomberg News | March 11, 2021 | 8:48 am

Copper wobbles mask ongoing demand strength, top supplier says

“In the medium term, as renewable energy and electro-mobility agendas accelerate, the demand for copper will go up, and that is the most permanent trend,” says Chile’s Energy and Mining Minister.

Bloomberg News | March 11, 2021 | 8:18 am

Investors lining up for hydrogen subsidies in Chile

Chile plans to begin a competitive process within a month to award $50 million in subsidies.

Bloomberg News | March 10, 2021 | 1:48 pm

Trader buys $36m of copper and gets painted rocks instead

The saga unfolds like a gangland thriller, with the Swiss trading house saying it’s been the victim of cargo fraud.

Bloomberg News | March 10, 2021 | 9:58 am

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