Trafigura bought some LME ‘nickel’ that was just bags of stones The amounts of money involved are small, but the issue presents a fresh headache for the company. Bloomberg News | March 21, 2023 | 10:09 am
Column: The return of the London Metal Exchange’s nickel curse JPMorgan owned the LME nickel contracts that turned out to be backed by bags of stones rather than metal. Reuters | March 21, 2023 | 8:37 am
Lithium prices in China halve in just four months Lithium supply is heading for a major increase this year as a wave of expansions and new projects get up and running. Bloomberg News | March 21, 2023 | 8:02 am
Electric vehicle battery makers test a future without lithium Sodium-ion has the potential to complement lithium-ion cells and help fill gaps in the global market. Bloomberg News | March 21, 2023 | 7:55 am
Glencore set to lose crown as top cobalt miner to China’s CMOC The Chinese company aims to double production this year, as it brings another massive Congolese mine online. Bloomberg News | March 21, 2023 | 7:46 am
Wyloo seeks takeover of nickel explorer Mincor Resources Wyloo offered to buy all the shares of nickel miner Mincor it does not already own for an implied equity value of $504 million. Bloomberg News | March 20, 2023 | 4:54 pm
JPMorgan owned the LME ‘nickel’ that was actually bags of stones It’s not clear whether the bags ever contained nickel, and whether the issue is a result of error, theft or fraud. Bloomberg News | March 20, 2023 | 1:50 pm
Tesla’s vision of EVs without rare earths will spur magnet race Other carmakers including BMW, Toyota and GM also have sought to reduce reliance on rare earths. Bloomberg News | March 20, 2023 | 6:05 am
Electrification of Canada’s commercial vehicles may yield benefits sooner than later – report Deloitte Canada makes a case for decarbonizing commercial vehicles as a measure that is eventually less expensive than maintaining internal combustion vehicles. Valentina Ruiz Leotaud | March 19, 2023 | 7:20 am