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.
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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.
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.
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.
Russia diamond supply curb may benefit Zimbabwe miner’s gems
State-owned ZCDC will resume diamond auctions in April after an eight-month hiatus.
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.
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.
Synthetic graphite from industrial waste may be key for next-gen battery systems
German scientists are exploring sustainable synthesis routes for graphite from industrial waste.
Court halts exploration at Los Andes Copper’s Chile project on potential endangered species impact
The court order relates to the impact on the the habitat of the vizcachas, a small rabbit that is part of the food chain for the Andean cat.