G-20 nations provided $693 billion in support for coal, fossil fuels in 2021 — report

Support dragging down progress on reaching Paris Agreement goals, says report by Bloomberg Philanthropies and BloombergNEF.

Staff Writer | November 1, 2022 | 1:52 pm

US carmakers passing up lithium from Australia’s first refinery

The joint venture between China’s Tianqi and Australian miner IGO in May produced the nation’s first battery-grade lithium hydroxide at its refinery near Perth.

Bloomberg News | November 1, 2022 | 12:05 pm

BHP warns of inflation risks in 2023, says China demand to stabilize

The mining industry has been weighed down this year since the Russian invasion of Ukraine by a supply bottleneck that sparked off inflation.

Reuters | November 1, 2022 | 11:44 am

Turquoise Hill delays shareholder meet on $3.3bn Rio Tinto buyout

Rio recently raised its offer but still faces opposition from multiple parties including Turquoise Hill's second-largest shareholder.

Reuters | November 1, 2022 | 9:06 am

Green energy transition, structural changes to sustain much higher rare earth prices

New report says China now imports half its heavy rare earths while demand from EVs, renewable energy is absorbing higher prices.

Staff Writer | October 31, 2022 | 2:26 pm

Breaking China’s grip on rare earths markets a ‘pipe dream,’ Australia says

“That’s a country that has seen this need coming and made the most of it,” Resources Minister Madeleine King told Bloomberg News in an interview.

Bloomberg News | October 31, 2022 | 12:53 pm

How green material producers, buyers can capture the green premiums

Transforming the metals and mining, building materials, and plastics industries to make them compatible with sustainability targets will require increasing annual spending from $5.7 trillion to $9.2 trillion.

Staff Writer | October 30, 2022 | 11:57 am

RANKED: The world’s top 10 most valuable base and precious metal mines

Ranking is topped by a polymetallic mine in Russia’s arctic boasting ore with a value of nearly $900 billion at today’s prices.

Frik Els | October 28, 2022 | 11:11 am

Core and Tesla scrub lithium deal as spodumene ore prices soar

Core Lithium (ASX: CXO) shares fell on Thursday after the miner and Tesla couldn’t secure a supply deal for battery-metal ore, but […]

Staff Writer | October 27, 2022 | 1:38 pm

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IGO backs new CEO Vella after Rio Tinto dismissal

Australian company revives its push for a controversial coal mine in Alberta

British court rejects Vale’s appeal in billion-dollar action for Mariana disaster

Union withdraws industrial action at BHP’s Pilbara iron ore operations

China-linked fund seeks ouster of Australia rare earths miner’s chairman

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