Rio Tinto and Turquoise Hill ink binding takeover deal
Rio will not increase its C$43 per share cash offer despite pressure from Turquoise Hill's minority shareholders.
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Honda forms partnership to secure supply of battery metals
This year Honda laid out a target to roll out 30 electrified vehicle models globally.
Peru’s July copper output falls 6.6% after mines underperform
The Antamina mine reported a 9.1% drop in production in July, while Southern Copper dropped 14.5%.
Oil price jumps near $90 after OPEC+ surprises with token supply cut
West Texas Intermediate crude advanced as much as 4.1% to beyond $90 a barrel, before paring some gains.
Williamson Pink Star unveiled at Dubai Diamond Exchange
Expected to fetch over $21 million, the diamond has the potential to set a new price per carat record given its purity.
Iron ore price climbs after selloffs spurred by China covid woes
The most-traded January iron ore on China's Dalian Commodity Exchange ended daytime trade 4% higher.
EV battery maker ProLogium considers UK for $8 billion factory
The UK is pushing hard to attract battery makers as the auto industry phases out the internal combustion engine.
BYD jumps to No. 2 in global electric car battery market
The year-to-date market share rankings were unchanged, with CATL top with 34.7% of the market.
Germany to keep nuclear plants in reserve to ease energy crisis
Nuclear power accounted for 6% of electricity generation in Germany in the first quarter, compared with more than 30% from coal.
