Banks step up trade finance in global commodities boomCommodity trading houses have seen earnings climb as they capitalize on wild swings in prices and arbitrage opportunities.Bloomberg News | July 4, 2022 | 12:06 pm
Commodities hit July storm with Putin and Powell stirring fearEnergy crises and central bank moves to crush inflation present…Bloomberg News | July 2, 2022 | 1:46 pm
India raises import tax on gold to support rupeeIndia has raised its basic import duty on gold to…Reuters | July 1, 2022 | 11:58 am
Rio Tinto to help Mongolia tackle climate change, desertification Between 2022 and 2026, the Anglo-American miner's local unit will help the east Asian country tackle its national climate change commitments. Reuters | June 24, 2022 | 8:46 am
CATL’s 1,000-kilometer range EV battery picked by Li Auto, Hozon The “Qilin” battery has a range of more than 1,000 kilometers on one charge, energy density of up to 255 watt-hours per kilogram, and is safer and more durable than existing cells, according to CATL. Bloomberg News | June 24, 2022 | 8:23 am
Japan to end financing of key coal projects under climate pledge Asia’s second-largest economy will stop providing government-backed yen loans to the Matarbari 2 coal expansion project in Bangladesh. Bloomberg News | June 24, 2022 | 7:56 am
Real environmental impact of nuclear power generation revealed A new analysis accounts for the volume of resources extracted from the lithosphere during the life cycle of nuclear power generation. Staff Writer | June 23, 2022 | 5:05 am
Indonesia plans to hike tin royalty tariff, make it more progressive The current royalty tariff for tin is set at 3% and imposed on production but based on the sale price. Reuters | June 22, 2022 | 8:30 am
Kia picks batteries from CATL for EV sold at home CATL, whose clients include Tesla and Volkswagen, is the world's largest battery maker. Reuters | June 21, 2022 | 9:19 pm
Toyota joins Redwood Materials’ EV battery recycling initiative The US startup is building a closed-loop battery ecosystem aimed at lowering EV costs by lessening dependence on imported materials. Reuters | June 21, 2022 | 7:42 am
Surging energy prices force Japanese steel giant to revisit coal Nippon Steel currently has minority stakes in six coking coal assets, mostly in Australia. Bloomberg News | June 20, 2022 | 2:47 pm
Vedanta selling halted copper smelter, four years later The southern Indian state of Tamil Nadu closed it in 2018 after 13 people died when police opened fire on protesters. Cecilia Jamasmie | June 20, 2022 | 4:01 am