Albemarle profit beats expectations on rising lithium prices

Albemarle Corp, the world's largest producer of lithium, posted a quarterly profit on Wednesday that easily beat Wall Street's expectations on rising demand from the electric vehicle industry.

Reuters | May 5, 2021 | 5:29 pm

Biden officials undecided on fate of Minnesota’s Twin Metals project

The administration is "trying to find the balance between preserving a pristine area, and at the same time looking for ways in which job growth," Agriculture Secretary Tom Vilsack says.

Reuters | May 5, 2021 | 11:18 am

Gold price inches higher as US yields retreat

The gold market is discounting Treasury Secretary Janet Yellen's prior remarks about needing rate increases.

MINING.COM Staff Writer | May 5, 2021 | 10:18 am

Tesla consumes more lithium than four closest rivals combined

The company led by Elon Musk deployed 18,700 tonnes of lithium carbonate equivalent in the batteries of its newly sold passenger EVs in 2020.

MINING.COM Staff Writer | May 5, 2021 | 6:11 am

Metals price rally could hamper switch to green energy — IEA

Prices for commodities — from lithium to cobalt — have hit record highs as demand for clean energy technologies increases.

Cecilia Jamasmie | May 5, 2021 | 3:36 am

Sam Zell buys gold with inflation ‘reminiscent of the ‘70s’

The billionaire investor is seeing inflation everywhere, and has bought gold as a hedge.

Bloomberg News | May 5, 2021 | 3:29 am

Idle oil wells may be the source of massive methane emissions — study

Researchers at the University of Cincinnati studied, for the first time ever, methane emissions from inactive oil wells in the largest oil-producing region on Earth.

MINING.COM Staff Writer | May 4, 2021 | 6:11 am