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
Copper to stay tight on long path to new supply, top miner says It can take twice as long to build mines now than in the past, according to Southern Copper. Bloomberg News | March 2, 2021 | 12:51 pm