BYD jumps ahead of Tesla in battery metal push The Warren Buffett-backed car producer is once again the largest shipper of electric vehicles in the world’s top market. Bloomberg News | June 6, 2022 | 7:54 am
Australia’s Allkem flags lower lithium production on tight labour market A tight labour market in Western Australia, along with covid-19-related border closures, has hit production at mining firms operating in the state. Reuters | June 6, 2022 | 7:10 am
Toronto Exchange to launch battery metals index The S&P/TSX Battery Metals Index will track Canadian-listed companies producing or exploring for copper, nickel, cobalt and lithium. Cecilia Jamasmie | June 6, 2022 | 4:16 am
Hedge fund Elliott sues LME for $456m over nickel trading halt The legal action piles more pressure on the exchange, which is being probed by regulators and is struggling to restore trust and volumes in its nickel market. Reuters | June 6, 2022 | 3:59 am
Ganfeng kicks off construction of Mariana lithium project in Argentina The Mariana project hosts one of the biggest lithium deposits in the world. Valentina Ruiz Leotaud | June 5, 2022 | 12:59 pm
Congo sees surge in mining of metals for green energy transition About 500 of the nation’s mining permits are in advanced development and will soon lead to new projects for lithium and cobalt. Bloomberg News | June 3, 2022 | 6:23 am
China electric car sales rose in May as lockdowns start to ebb The May bounce back in deliveries is an encouraging sign for the world’s biggest electric-vehicle market. Bloomberg News | June 3, 2022 | 6:15 am
Nickel royalty helps Burundi boost its spending plan by 40% The government plans to increase investment in farming and infrastructure. Bloomberg News | June 3, 2022 | 6:07 am
Biden keeps funds flowing to build US electric vehicle supply chain The latest sum of support was tucked into the Ukraine aid bill signed into law late last month. Bloomberg News | June 3, 2022 | 6:00 am