Europe can’t rely on key exporter Australia for coal, miner says New Hope, which operates the 10Mtpa Bengalla mine on Australia’s east coast, has held talks with prospective customers in Europe. Bloomberg News | March 22, 2022 | 9:32 am
Vale to supply Northvolt with low-carbon nickel products The deal came after more than two years of talks, Vale said in a securities filing. Reuters | March 22, 2022 | 9:28 am
Powell’s hawkish comments send gold price 1% lower Goldman Sachs economists now expect the Fed to raise interest rates by 50 basis points at both its May and June policy meetings. Staff Writer | March 22, 2022 | 9:11 am
Tesla’s first German-made model Y rollout has Musk dancing again Almost 19 years after its founding, Tesla has a car factory network that spans the globe. Bloomberg News | March 22, 2022 | 8:54 am
ArcelorMittal removes Russian materials from steel supply chain Europe’s biggest steelmaker has eliminated Russian commodities from its supply chain following the invasion of Ukraine. Bloomberg News | March 22, 2022 | 8:32 am
Sweden gives go-ahead for northern Kallak iron ore mine Plans for the mine have been opposed by the indigenous Sami people, as well as climate-change activist Greta Thunberg. Reuters | March 22, 2022 | 8:25 am
Russia diamond supply curb may benefit Zimbabwe miner’s gems State-owned ZCDC will resume diamond auctions in April after an eight-month hiatus. Bloomberg News | March 22, 2022 | 8:19 am
London nickel trading shows signs of recovery after two weeks of chaos LME three-month nickel tumbled as much as 14% to $27,020 a tonne just after Tuesday's market open. Reuters | March 22, 2022 | 8:10 am
LME says it has no current plans to ban Russian metal from its system Russia supplies about 10% of the world's nickel, 6% of its aluminum and around 3.5% of its copper. A ban on Russian metal could lead to shortages and further price surges at a time of rising inflation around the world. Reuters | March 22, 2022 | 7:59 am