Volkswagen breaks ground on $20 billion battery unit’s first cell plant
The Salzgitter venture is one of six battery plants VW has planned for Europe.
Latest Stories
Asante pours first gold at Bibiani mine in Ghana
The mine is expected to produce 175,000 ounces of the precious metal over the next 12 months, ramping up to 220,000 ounces the second year.
JPMorgan’s ‘big hitters’ of gold market face trial over spoofing
Michael Nowak, former managing director who ran the bank’s precious metals business, was once the most powerful person in the gold market.
Metso Outotec to deliver grinding mills to First Quantum’s copper mine in Zambia
Delivery includes two Planet Positive Premier grinding mills with a total installed power of 50 megawatts.
Volkswagen’s CEO talks batteries, supply chains and the Porsche 911
The carmaker broke ground on a new cell factory in Salzgitter, Germany, one of five such facilities in Europe under its PowerCo unit.
Brazil eases rule on lithium exports amid rising demand
Sigma's Brazilian unit expects to start producing lithium by the end of the year.
Copper price up supported by pullback in the dollar
Head of the IMF said the outlook for the global economy had "darkened significantly" since April.
Commodities have lost 20% since June’s peak amid recession fears
Hedge-fund managers recently slashed bets on higher commodity prices to the lowest in almost two years.
Column: LME nickel chaos chills metals trading activity
Fears of a recession are currently generating a much broader investor exodus from the commodity sector, writes Andy Home.
