Tesla is plugging a secret mega-battery into the Texas grid A Tesla subsidiary registered as Gambit Energy Storage LLC is quietly building a more than 100 megawatt energy storage project in Angleton, Texas. Bloomberg News | March 8, 2021 | 8:17 am
Xi’s green drive heralds speedy end to aluminum’s era of plenty China’s climate policy is poised to do what years of international pressure couldn’t -- halt the growth of the world’s biggest aluminum industry. Bloomberg News | March 8, 2021 | 8:10 am
Friedland-backed HPX to fast-track Guinea iron ore project High Power Exploration (HPX) raised $200 million for its proposed Nimba iron ore mine in southeastern Guinea. Cecilia Jamasmie | March 8, 2021 | 7:13 am
Namibia’s marine diamond miner’s production hit by covid-19, drops 13% in 2020 Debmarine Namibia, a subsidiary of Anglo American’s diamond unit De Beers, on Monday reported a 13% drop in production to 1.125 million […] Reuters | March 8, 2021 | 7:12 am
This is how China plans to be greener by 2025 The country plans to reduce carbon emissions per unit of gross domestic product by 18% through 2025. Bloomberg News | March 8, 2021 | 7:03 am
Ganfeng joins China Minmetals lithium salt lake project for $225m The move will give Ganfeng, one of the world's top producers of lithium chemicals used in EV batteries, its first salt lake asset in China. Reuters | March 8, 2021 | 6:50 am
Platts to launch ‘green’ aluminum prices in April The London Metal Exchange, the world's biggest industrial metals market, has rejected calls to create a separate contract for low-carbon aluminum and instead plans to create a digital register this year. Reuters | March 8, 2021 | 6:42 am
Codelco expects $2.8 billion profit this year Last year's profit at the state-run company was about $2.1 billion, before taxes and extraordinary items. Reuters | March 8, 2021 | 6:37 am
China Jan-Feb rare earth exports up nearly 30% y/y Exports from China totalled 7,068 tonnes in January and February combined. Reuters | March 8, 2021 | 6:30 am