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
Trader buys $36 million of copper and gets painted rocks instead The bizarre case highlights commodity traders’ vulnerability to fraud, even when security and inspection controls are in place. Bloomberg News | March 9, 2021 | 10:27 am
China’s green push kicks off with a new $10bn coal project The decision by Ningxia and its timing is evidence that coal will still play a major role in China’s energy mix for the foreseeable future. Bloomberg News | March 9, 2021 | 9:46 am
Coal India approves 32 mining projects worth $6.4 billion The world’s biggest miner is counting on a revival in demand for the fuel. Bloomberg News | March 8, 2021 | 9:00 am
Tesla is plugging a secret mega-battery into the Texas grid A Tesla subsidiary registered as Gambit Energy Storage LLC is quietly building a more than 100 megawatt energy storage project in Angleton, Texas. Bloomberg News | March 8, 2021 | 8:17 am
Xi’s green drive heralds speedy end to aluminum’s era of plenty China’s climate policy is poised to do what years of international pressure couldn’t -- halt the growth of the world’s biggest aluminum industry. Bloomberg News | March 8, 2021 | 8:10 am
This is how China plans to be greener by 2025 The country plans to reduce carbon emissions per unit of gross domestic product by 18% through 2025. Bloomberg News | March 8, 2021 | 7:03 am
CHARTS: Gold price bulls lose steam as yields trump inflation bet Gold has in little over two months gone from being a favored reflation bet to heading for its worst first quarter in almost four decades. Bloomberg News | March 5, 2021 | 12:17 pm
Metal that worries Tesla most is getting much cheaper Nickel tumbled after a major Chinese producer’s unexpected plan to add supply eased concerns about a deficit. Bloomberg News | March 5, 2021 | 6:39 am
Top nickel producer sets out end-to-end battery ambition Indonesia has drafted a plan that would see four state firms supplying nickel ore, processing nickel sulphate and cobalt sulphate, and then producing cathodes and batteries. Bloomberg News | March 5, 2021 | 6:18 am
Green revolution gets more expensive as copper price rallies Copper is a vital part of green infrastructure from grids to wind turbines, and a recent price surge threatens to make decarbonization more costly. Bloomberg News | March 4, 2021 | 3:30 am
Rare earth, uranium miners benefit from EV mania and dash of ESG Uranium sector supply/demand balance is the tightest we’ve seen since pre-Fukushima, analyst says. Bloomberg News | March 3, 2021 | 9:06 am