Top Middle East aluminum producer posts record profit Emirates Global, whose shareholders are considering an initial public offering, posted a record first-half profit as prices of the metal soared. Bloomberg News | August 23, 2022 | 9:52 am
Two charts show copper price drop may have been overdone Copper is China's only growing commodity import in 2022 as the country’s inventories drop 60% in a year and worldwide stocks decline to just 3.5 days consumption. Frik Els | August 23, 2022 | 9:50 am
CATL profit surges as battery giant moves on from tough quarter CATL’s Shenzhen-listed shares have gained about 50% since a low in May as the company ramps up global capacity. Bloomberg News | August 23, 2022 | 9:02 am
China lithium prices near record as power cuts squeeze market Sichuan, home to more than a fifth of China’s lithium production, extended industrial power cuts this week. Bloomberg News | August 23, 2022 | 8:54 am
Russian diamonds are quietly flowing again after sanctions chaos Alrosa is back selling more than $250 million of diamonds a month. Bloomberg News | August 23, 2022 | 8:47 am
Electric car battery bottlenecks have a way of being worked out Amid all the excitement about battery metal demand, prices for cobalt have plunged 40% from their highs earlier this year. Bloomberg News | August 23, 2022 | 8:42 am
Boliden declares force majeure on zinc amid Norway strike Swedish miner declared force majeure due to a strike among Norwegian electrochemical industry workers. Reuters | August 23, 2022 | 8:20 am
Volkswagen, Mercedes-Benz team up with Canada in battery materials push The agreement includes the production ramp-up of cathode materials. Reuters | August 23, 2022 | 8:17 am
Green economy may lead to sulfur shortages – study A recent study states that global demand for sulfuric acid is set to rise significantly from 246 to 400 million metric tonnes by 2040. Staff Writer | August 23, 2022 | 6:06 am