Lender says Murray violated deal in ‘brazen’ loan default GACP alleges Murray improperly included noncoal receivables in a financial report. Bloomberg News | May 14, 2020 | 8:54 am
Zambia copper miner fights $132 million electricity bill Konkola Copper Mines is Zambia’s biggest single power user. Bloomberg News | May 14, 2020 | 8:30 am
Recycled battery metals being tested for use as crop fertilizer Tests carried out in Australia showed a “significant uptake” of the metals in wheat on local low-quality soil. Bloomberg News | May 13, 2020 | 11:52 am
Platinum giant says lockdown in South Africa risks killing mines Mines need to be at a minimum of 75% to 80% capacity to be viable, says Sibanye CEO Neal Froneman. Bloomberg News | May 13, 2020 | 10:52 am
China’s great energy shift sets mega hybrid projects in motion Some of China’s biggest state-owned companies are pouring in billions of dollars to build projects that combine wind and solar with energy storage. Bloomberg News | May 12, 2020 | 3:18 pm
Teck CEO says he’s survived collapsing shares before Teck says the stock’s decline is mostly due to falling commodity prices. Bloomberg News | May 12, 2020 | 2:35 pm
Ted Cruz seeks to end US dependence on China for rare earths The bill would create tax incentives for companies to buy rare earth elements within the US. Bloomberg News | May 12, 2020 | 8:51 am
Miners buck M&A slump with pandemic gold deals More than $16 billion of mergers, acquisitions and investments in other sectors have been terminated in last month. Bloomberg News | May 12, 2020 | 8:45 am
Coal burned by China power plants jumps on heat, virus recovery Coal use by coastal power plants at five major utilities rose for an eighth straight day to 577,100 tons as of Monday. Bloomberg News | May 11, 2020 | 3:36 pm
EU’s top met coal producer cuts output Poland’s JSW limited output at its most profitable mine after employees tested positive for covid-19. Bloomberg News | May 11, 2020 | 8:49 am
Carmakers urged to invest in mines to avoid battery metal pinch Auto companies have outlined plans to spend more than $140 billion on electric vehicle production. Bloomberg News | May 11, 2020 | 8:43 am
Lawmakers urge punishment for banks that won’t back drillers US lawmakers argue they are “discriminating against America’s energy sector.” Bloomberg News | May 8, 2020 | 3:31 pm
