CATL increased its market position to 35% in March.

The oil-to-metals conglomerate decided in February to diversify into chip manufacturing.

India’s coal crunch, the second in less than a year, has triggered questions about the country’s decarbonization plans.

Coal-fired electricity generation reached all-time highs globally in 2021, showing that eliminating coal from the energy mix will not be a simple task.

Sales slumped 18% from a year earlier and imports plummeted by more than half in the January-to-March period as prices surged.

Separately, Vedanta Resources announced a tender offer to buy back as much as $500 million of its dollar notes due in July.

They will develop a facility known for a process called high-pressure acid leaching (HPAL), with a potential mixed hydroxide precipitate production capacity of 120,000 tonnes of nickel content per year.