EV sector needs more clarity on Biden’s energy law, LG Chem CEO says LG Chem last month announced plans to invest $3 billion to build a facility in Clarksville, Tennessee. Bloomberg News | December 12, 2022 | 7:25 am
Teck’s new CEO looks to tap cash from coal to fuel copper expansion Copper represents less than a fifth of the company's sales. Bloomberg News | December 12, 2022 | 7:15 am
St Barbara to buy Genesis Minerals in $367m deal The new company, called Hoover House, will target production of more than 300,000 ounces (koz) of gold per annum. Reuters | December 12, 2022 | 7:08 am
Higher output could boost Coal India’s spot sales, chairman says The company shares have climbed 25% since April. Reuters | December 12, 2022 | 7:01 am
SolGold shares dive despite raising $36m with Jiangxi backing The miner is said to be at the centre of a bidding war between Jiangxi, China’s largest copper miner on the one side, and a possible BHP-Newcrest alliance on the other. Cecilia Jamasmie | December 12, 2022 | 6:58 am
EXPLAINER: UN nature summit puts industry on alert to disclose more Mining companies are concerned about the central goal of the COP15 talks - to set aside 30% of Earth's land and ocean areas for conservation by 2030. Reuters | December 12, 2022 | 6:53 am
Tharisa raises $32m via bond issue for Zimbabwe mine construction Tharisa had planned to raise $50 million to partly fund the building of its 70%-owned Karo platinum mine in Zimbabwe. Reuters | December 12, 2022 | 6:40 am
New electrolyte allows Li-ion batteries to heat up without risk of fire Researchers have developed a non-flammable electrolyte for lithium-ion batteries that allows the devices to continue to function at high temperatures. Staff Writer | December 12, 2022 | 6:06 am
Banks have loopholes to keep financing coal, study says A survey of 25 European banks by nonprofit ShareAction reveals the industry is also underreporting its support of high-carbon sectors. Bloomberg News | December 12, 2022 | 5:00 am