May 17, 2022

Electric vehicles surpass phones as top driver of cobalt demand

The EV sector consumed 59,000 tonnes of cobalt in 2021, or 34% of total demand, according to a report by the Cobalt Institute.

May 17, 2022

China, US are racing to make billions from mining the moon’s minerals

Unlike in the era of Sputnik and Apollo, the world’s top superpowers can’t even agree on basic principles to govern the next generation of space activity. 

May 16, 2022

Australia’s slow warming to electric cars may get election boost

EV sales in Australia are soaring — led by the almost-ubiquitous Tesla Model 3 — and more brands and models are arriving in the market.

May 15, 2022

Indonesia’s Jokowi meets Tesla’s Musk after nickel talks

The meeting between Musk and Widodo came after a round of discussions on a potential investment in Indonesia's nickel industry.

May 15, 2022

Electric cars to account for over 80% of battery demand over next 20 years despite current challenges – report

At present, electric cars are the largest market among EVs, with sales more than doubling in 2021 to over 6.4 million.

May 13, 2022

LME targets off-exchange trades as nickel chaos spurs reform

The London Metal Exchange plans to force members to regularly report details of their over-the-counter metals positions, substantially expanding its market surveillance capabilities.

May 13, 2022

Nickel tycoon has cut big short position by more than half

Xiang Guangda bought contracts in the market to reduce his short bet by about 10,000 lots, or 60,000 tonnes, mainly in the last two weeks.

May 13, 2022

Nornickel is first Russian firm to get OK to keep listing abroad

The approval has been needed since President Vladimir Putin April signed a bill requiring Russian companies to delist their depositary receipts abroad.

May 13, 2022

Green metals exports could help Australia lower carbon emissions — study

The Asia-Pacific region's greenhouse gas emissions could be reduced by 8.6% if Australia moves away from fossil fuel-intensive exports.

May 13, 2022

America touts green energy as key to bridging Africa’s growth gap

The US is not opposed to China investing in Africa if the investments are centred on upholding human rights, democracy and jobs.