Iron ore price hits six-month low on plunging China steel margins Chinese steel mills are opting to reduce output amid weak profits and deteriorating demand prospects. MINING.COM Staff Writer | June 17, 2022 | 7:59 am
Glencore trading profit poised for best-ever year Glencore expects adjusted operating profit to exceed $3.2bn for the first half of the year amid "unprecedented" market environment. Cecilia Jamasmie | June 17, 2022 | 6:44 am
Mining People: NovaGold, OceanaGold, Silverton Metals, Stratabound Minerals Key moves in the mining sector. Staff Writer | June 17, 2022 | 6:29 am
Researchers better understand chances of making graphite from coal Ohio University researchers have presented evidence of a new carbon solid they named "amorphous graphite." Staff Writer | June 17, 2022 | 6:06 am
Miners must invest in critical minerals or risk energy transition – report The world's largest miners are in excellent financial shape to lead global transition to clean energy, says PwC. Cecilia Jamasmie | June 17, 2022 | 3:51 am
Symboticware acquires Palifer AI, enables predictive maintainance and ESG Palifer is a Silicon Valley-based technology startup backed by accelerator Y-Combinator, which has been used to launch iconic brands like Airbnb, DoorDash, Coinbase, Instacart and Dropbox. Staff Writer | June 16, 2022 | 3:05 pm
VW US chief warns of industry challenges with EV battery shift Scott Keogh, chief executive of Volkswagen Group of America, said the move to EVs is the single biggest "industrial transformation in America." Reuters | June 16, 2022 | 2:05 pm
EVs now average over $60,000 as Tesla, Rivian, Ford raise prices Automakers pressed by consumer demand and rising material costs are charging more for electric vehicles across the board. Bloomberg News | June 16, 2022 | 1:05 pm
European gas gyrates as Russian cuts escalate energy crisis Western sanctions on Russia have left equipment key for the functioning of the Nord Stream gas pipeline stuck abroad. Bloomberg News | June 16, 2022 | 12:11 pm
