Gold price hits three-month low on Powell’s hawkish cues Further rate increases are “a pretty good guess” of where the central bank is heading, Powell said on Wednesday. Staff Writer | June 22, 2023 | 9:24 am
Smaller aerospace suppliers scramble for titanium, workers in shadow of travel boom Planemakers are trying to find alternatives to Russia's VSMPO-Avisma, a key titanium producer to the aerospace industry. Reuters | June 22, 2023 | 8:23 am
Iron ore leads metals higher on hopes for more China stimulus After swinging between gains and losses since Monday, iron ore is on course for a modest weekly drop. Bloomberg News | June 22, 2023 | 7:37 am
Volkswagen’s EV battery effort keeps its executives up at night Chief Financial Officer Arno Antlitz said the company remains open to eventually selling shares in PowerCo. Bloomberg News | June 22, 2023 | 7:29 am
Polyus board decides against keeping London GDR, ADR listings Washington last month included Polyus and Polymetal's Russian business on its list of sanctions targets. Reuters | June 22, 2023 | 7:23 am
LME failed to probe Tsingshan before nickel chaos, London court hears Hedge fund Elliott Associates and market maker Jane Street Global Trading are demanding $472 million in damages. Reuters | June 22, 2023 | 7:19 am
How a calcium-doped adsorbent helps deal with nuclear wastewater A new calcium-doped adsorbent turns unwanted protons in acidic wastewater into agents for facilitating the removal of cesium ions, a major challenge for wastewater treatment in nuclear power plants. Staff Writer | June 22, 2023 | 6:06 am
NextSource begins graphite production in Madagascar Phase one of operations at Molo are being optimized to reach the mine's nameplate production capacity of 17,000 tpa of graphite concentrate. Cecilia Jamasmie | June 22, 2023 | 6:03 am
Shell dumped by Church of England Pensions due to oil risk Move is part of a total exit from oil and gas companies, which the pensions board says are failing to address climate risks. Bloomberg News | June 22, 2023 | 4:02 am