Copper price down, hit by strong dollar, rising inventories

Bullion rose even after Federal Reserve officials pledged the central bank would continue an aggressive fight to cool soaring inflation.

Copper has lost nearly 30% since hitting a record high of $10,910 a tonne in March.

The world's largest lithium producer is evaluating just how it can partner, invest and develop a battery recycling business.

The company is working with the University of Nevada and the Great Basin College in Elko to develop mining-centred programs.

Second-quarter lithium sales nearly tripled due to rising prices of the electric vehicle battery metal.

The bill is a potential boon to many sectors of the green economy, including electric vehicles.

Both companies had announced the broad brushstrokes of the deal last week.

The company reported second-quarter net income of $60 million, compared with $6.5 million in the year-ago quarter.

Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of batteries for electric vehicles, has been considering at least two locations in Mexico near the Texas border.