US coal suffers one-two punch as plants shut, miner deal nixed
Independent power producer Vistra said it would shutter seven plants, while Peabody and Arch Resources scrapped a planned JV aimed at cutting production costs.
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China EV ambitions threat to entire US auto industry – report
A bipartisan, federal response is required for the US to compete with China’s ownership of the next generation of transportation, according to a new report from SAFE.
JPMorgan admits spoofing by 15 traders, two desks in record deal
Over eight years, traders at the biggest US bank caused losses of more than $300 million to other participants, according to court filings.
Gold price back above $1,900
Gold prices are near a one-week high as investors await the first presidential debate.
Rio Tinto completes summer exploration at Janice Lake
A total of 25 holes for 818 m on seven targets were completed, all located on historical copper showings.
Jervois to buy cobalt, nickel refinery in Brazil
The São Miguel Paulista refinery had a production capacity of 25,000 mtpa of nickel and 2,000 mtpa of cobalt before it was placed on care and maintenance in 2016.
Tesla is trying to mine its own lithium after dropping M&A plan
Company secured its own lithium mining rights in Nevada after dropping a plan to buy a company there, according to people familiar with the matter.
Rio needs more than a safe pair of hands
Outgoing CEO Jean-Sebastien Jacques has left plenty of problems for his replacement, well beyond the public relations disaster in Western Australia.
Australia’s Queensland state approves giant coal mine
Pembroke Resources’ A$1-billion Olive Downs project is poised to become the state’s third-largest coal mine.
