Pilbara Minerals hunts for deals after record lithium output “There is opportunity for consolidation” in the sector, which is dominated by small and mid-sized producers, its managing director said. Bloomberg News | July 25, 2023 | 3:44 pm
The hottest trade in equity options is spreading to commodities Trading in commodity contracts that expire weekly jumped an average of 30% annually over the past three years, according to data from CME. Bloomberg News | July 25, 2023 | 10:02 am
CATL’s profit soars 63% amid EV sales boom Record quarterly sales for top customer Tesla helped propel the Fujian-based company’s profit growth. Bloomberg News | July 25, 2023 | 8:24 am
The little known metals giant that rules a global market When China’s Vital Materials bought up a $600 million stockpile of critical minerals in early 2020, it barely raised an eyebrow outside the niche world of minor metals. Bloomberg News | July 25, 2023 | 8:13 am
Indonesia nickel heartland wants to be greener link in EV chain Among plans to lower the carbon footprint in the complex is the construction of solar panels of as much as 500 megawatts. Bloomberg News | July 24, 2023 | 9:42 am
Chevron considers lithium production in latest EV bet by big oil Earlier in July, Exxon Mobil Corp. CEO said the company is also exploring opportunities to produce lithium. Bloomberg News | July 24, 2023 | 8:43 am
116 mines shut, people evacuated due to flooding in northeast China Rainfall is expected to continue over the next two days. Bloomberg News | July 24, 2023 | 8:32 am
Tycoon Jindal’s JSW Steel scouts for global coal mining assets India’s top steel producer plans to scale up its capacity to 50 million tonnes by the end of the decade. Bloomberg News | July 24, 2023 | 4:41 am
France’s EDF sees progressive recovery in nuclear production Electricite de France expects 300 to 330 terawatt hours of nuclear output this year and 315 to 345 TWh in 2024. Bloomberg News | July 23, 2023 | 9:31 am
World’s biggest wind power projects are in crisis just as they are needed most Offshore wind projects are facing an economic crisis that erased billions of US dollars in planned spending this week. Bloomberg News | July 23, 2023 | 9:15 am
US lawmakers probe Ford Michigan deal with Chinese battery maker The letter to Ford asks the company to detail the number of Chinese nationals who will be employed at its plant in Michigan. Bloomberg News | July 21, 2023 | 4:40 pm
China’s path-setting lithium futures tumble on trading debut Shares in Tianqi Lithium, YongXing Special Materials Technology, and Ganfeng Lithium slid to the lowest in at least a year. Bloomberg News | July 21, 2023 | 8:37 am