Macquarie starts $2 billion global battery business in electrification race
Eku Energy, part of the infrastructure giant’s Green Investment Group, is set to complete its first project in Japan in the next few months.
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Moody’s says India a bright spot in global steel demand
India, the world's second-largest crude steel producer, posted 11.4% growth in finished steel consumption during April-October to 65.5 million tonnes.
McEwen Mining shares surge despite lower Q3 output, revised FY 2022 guidance
Despite the revised guidance, McEwen still sees a "brighter future" at its two main assets.
Lithium frenzy sees China ceramics hub refocus on battery metals
Lithium has become super-expensive this year as car and battery manufacturers scour the planet for scarce supplies.
Copper price falls on Chinese demand fears
The country's zero-covid approach and lockdowns have squeezed its manufacturing sector and hit demand for industrial metals.
Coal India profit soars as shortages drive demand and prices
Company reported a two-fold jump in its second-quarter profit as demand and prices surged.
COP27: We’re on a highway to climate hell, UN boss says
"Humanity has a choice: cooperate or perish,” United Nations Secretary-General Antonio Guterres told delegates gathered in Egypt.
Russia’s Sberbank sues Glencore for $116m over oil supplies
Russia's largest lender is seeking to recover debt and penalties from Glencore Energy UK Ltd over two agreements.
Turquoise Hill further delays shareholder meet on $3.3 billion Rio Tinto buyout
The meeting to approve Rio Tinto acquiring 49% of shares of Turquoise Hill has now been pushed back to Nov. 15.
