Honda forms partnership to secure supply of battery metals This year Honda laid out a target to roll out 30 electrified vehicle models globally. Reuters | September 5, 2022 | 9:10 pm
Peru’s July copper output falls 6.6% after mines underperform The Antamina mine reported a 9.1% drop in production in July, while Southern Copper dropped 14.5%. Reuters | September 5, 2022 | 8:52 pm
Oil price jumps near $90 after OPEC+ surprises with token supply cut West Texas Intermediate crude advanced as much as 4.1% to beyond $90 a barrel, before paring some gains. Bloomberg News | September 5, 2022 | 12:43 pm
Williamson Pink Star unveiled at Dubai Diamond Exchange Expected to fetch over $21 million, the diamond has the potential to set a new price per carat record given its purity. Staff Writer | September 5, 2022 | 11:24 am
Iron ore price climbs after selloffs spurred by China covid woes The most-traded January iron ore on China's Dalian Commodity Exchange ended daytime trade 4% higher. Reuters | September 5, 2022 | 11:15 am
EV battery maker ProLogium considers UK for $8 billion factory The UK is pushing hard to attract battery makers as the auto industry phases out the internal combustion engine. Bloomberg News | September 5, 2022 | 10:50 am
BYD jumps to No. 2 in global electric car battery market The year-to-date market share rankings were unchanged, with CATL top with 34.7% of the market. Bloomberg News | September 5, 2022 | 10:39 am
Germany to keep nuclear plants in reserve to ease energy crisis Nuclear power accounted for 6% of electricity generation in Germany in the first quarter, compared with more than 30% from coal. Bloomberg News | September 5, 2022 | 10:29 am
Platinum buyers may shun Russian metal when contracts renewed Russia is a significant supplier of both platinum and palladium, which are mostly used to cut emissions from gasoline and diesel vehicles. Bloomberg News | September 5, 2022 | 10:25 am
