Honda, LG to invest $4.4 billion to make EV batteries in Ohio The two companies will initially invest $3.5 billion and create 2,200 jobs at the battery facility in southwestern Ohio. Bloomberg News | October 12, 2022 | 9:40 am
Iron ore price hits 2-week low on China’s covid policy woes Shanghai and other big Chinese cities have ramped up testing for covid-19 as infections rose following this month's Golden Week holidays. Reuters | October 12, 2022 | 9:34 am
White House weighs ban on Russian aluminum over Ukraine war escalation The White House is eyeing three options: an outright ban, increasing tariffs to levels so punitive they would impose an effective ban, or sanctioning Rusal. Bloomberg News | October 12, 2022 | 8:44 am
Gold price gains as traders assess Fed policy, await US inflation data Bullion edged up Wednesday from a one-week low, while traders await critical US inflation data later in the week. Bloomberg News | October 12, 2022 | 8:39 am
London gold body plans expansion to bring in more artisanal metal The move by the LBMA aims to bring more gold into mainstream trade to try to improve conditions for small-scale miners. Reuters | October 12, 2022 | 8:28 am
Aluminum price falls as China sticks to covid curbs According to the official newspaper of the Communist Party, the country will persist with its strict covid-19 policies. Staff Writer | October 12, 2022 | 8:25 am
Gatos Silver shares rise on record quarterly production The 70%-owned Cerro Los Gatos mine in Mexico produced a record 2.7 million oz. of silver for the three months ended September 30. Staff Writer | October 12, 2022 | 8:24 am
Europe’s coal price jumps as South Africa strike curbs supply The Transnet strike also is hobbling iron ore exports as staff refuses to work unless the company raises their pay. Bloomberg News | October 12, 2022 | 7:51 am
Ever heard of medieval zwischgold? Zwischgold was used for gilding sculptures in the late Middle Ages. Staff Writer | October 12, 2022 | 7:33 am