Glencore asks Russian court to halt Sberbank’s 117m euro claim, move hearings to Singapore Russia's largest lender is seeking to recover debt and penalties from Glencore Energy UK Ltd over two agreements. Reuters | December 7, 2022 | 7:59 am
China reveals gold buying after quarter of mystery purchases China reported an increase in its gold reserves for the first time in more than three years. Bloomberg News | December 7, 2022 | 7:52 am
Russian coal exports come roaring back after EU loosens curbs Europe is still not allowed to import Russian coal, but European companies are now allowed to ship the commodity to third countries. Bloomberg News | December 7, 2022 | 7:47 am
China’s iron ore imports up 4% on month as steel outlook improves Buyers are stocking up ahead of the end of the year and in anticipation of support from Beijing for the struggling property market. Reuters | December 7, 2022 | 7:40 am
Red-hot lithium price rally cools as China’s BYD flags surplus The battery material in China has continued to retreat from the all-time high hit last month as signs of demand weakness weigh on the market. Bloomberg News | December 7, 2022 | 7:35 am
CMOC pushes back as Congo’s Gecamines demands compensation in cobalt mine dispute Congo suspects CMOC understated the mine's reserves to reduce the amount of royalties it pays to Gecamines. Reuters | December 7, 2022 | 7:08 am
Vale to break out base metals business, sell stake in 2023 Vale will separate the base metal assets from its iron ore operations and unveil a strategic partner in the first half of 2023. Bloomberg News | December 7, 2022 | 7:00 am
EU photovoltaics project pushes for transparency, literally The IMPRESSIVE project has taken on the challenge of developing transparent photovoltaic cells that can be integrated into large surfaces. Staff Writer | December 7, 2022 | 6:41 am
Teck donates $3.6 million to support green spaces across British Columbia Teck’s goal to a become a nature positive company by 2030 means its conservation, protection and restoration of land and biodiversity will exceed the disturbance caused by its mining. Staff Writer | December 7, 2022 | 6:16 am