Bank of Russia resumes gold buying after two-year pause The central bank will start buying gold again on the domestic precious metals market. Bloomberg News | February 27, 2022 | 1:07 pm
Committing to carbon neutrality, forward-facing commodities miners’ way to stay in business – report Almost four in 10 miners believe that committing to carbon neutrality is the way to go to stay in business, White & Case’s annual survey shows. Valentina Ruiz Leotaud | February 27, 2022 | 12:31 pm
Wind-power giant Orsted stops buying coal, biomass from Russia The world’s top offshore wind developer will also ensure that Russian companies aren’t direct suppliers to the construction of its renewable energy projects Bloomberg News | February 27, 2022 | 10:56 am
BP to exit Rosneft stake and may take $25 billion hit The decision to leave Rosneft may imply a $25 billion hit for BP. Bloomberg News | February 27, 2022 | 10:44 am
Hungary won’t cancel Russia-backed nuclear project, Orban says Viktor Orban rejected opposition calls to suspend or scrap the Russia-backed expansion of the country’s sole nuclear power plant. Bloomberg News | February 27, 2022 | 10:18 am
Australian mining billionaire to invest $2.2bn in renewable energy project Andrew Forrest's Squadron Energy has acquired the Clarke Creek project - a wind, solar and battery farm development. Reuters | February 27, 2022 | 10:03 am
Australian miners ramp up search for lithium to meet EV demand Miners invested $700 million in the three months ended Dec. 31, according to a report by consultancy BDO, up 11% on the prior quarter. Bloomberg News | February 27, 2022 | 8:35 am
Biden bets on US battery independence In a few months, the Department of Energy will begin the process of doling out $6 billion in grants for battery production. Bloomberg News | February 27, 2022 | 8:25 am
There is a connection between Mars and heavy metal-polluted Rio Tinto estuary Goethite, red hematite, schwertmannite and jarosite link Mars to Spain’s Rio Tinto. Valentina Ruiz Leotaud | February 27, 2022 | 6:25 am