Even when assigning zero value to automakers’ non-EV business, Tesla’s valuation based solely on battery capacity deployed are multiples of Volkswagen, GM, BYD, Hyundai, Nissan and others.
Chinese iron ore futures soar 5% after government pledges to speed up infrastructure spending since some sectors like telecoms are only "30–40% completed".
The transformation of China’s economy away from manufacturing to downstream technology development is expected to drive significant new demand for the world’s flake graphite producers.
The largest synthetic crude oil processing facility in Canada is slowly recovering from a fire that damaged equipment and communication lines over the weekend.