November 23, 2022

Graphite poised to do a lithium 

Carmakers “are waking up” to often overlooked anode material accounting for nearly half the mass of battery cells by inking upstream deals.

November 23, 2022

Thieves steal ancient gold coins in German museum heist

Thieves broke into a Bavarian museum on Tuesday night and made off with a horde of nearly 500 ancient gold coins worth several million euros.

November 23, 2022

Glencore, Metals Acquisition amend CSA copper mine sale deal

Glencore will still receive $1.1bn for the copper mine in Australia, but the companies have changed payment terms.

November 22, 2022

European, US demand have become key drivers of metal prices – Trafigura chief

Trafigura executive chairman Jeremy Weir told the FT Commodities Asia Summit on Wednesday that prices had previously been mainly driven by Chinese demand.

November 22, 2022

Goldman Sachs says US, Europe could end reliance on Chinese EV batteries by 2030

Countries competing with China would need to spend $78.2 billion on batteries, $60.4 billion on components and $13.5 billion on mining.

November 21, 2022

ABB raises $209m from selling stake in EV charging business

The private placement of shares was led by investors with links to Swedish furniture giant IKEA and car dealership chain AMAG.

November 21, 2022

Alcoa backs Rusal’s call for LME to reveal origin of all metal stocks

Rusal has called for the LME to start regularly disclosing the origin of all metal stocks on warrant rather than singling out Russian metal.

November 21, 2022

Bill Gates-led fund backs Robert Friedland’s pulse technology to reduce carbon emissions at mines

A European fund tied to Gates’ Breakthrough Energy Ventures invested $12 million in the I-ROX pulsed-power venture with Robert Friedland’s I-Pulse Inc.

November 21, 2022

Goldman Sachs strategists say bear market will last in 2023

The bank strategists estimate the S&P 500 will end 2023 at 4,000 index points -- just 0.9% higher than Friday’s close.

November 20, 2022

Egypt to start building $11 billion wind farm from 2024

The construction of one of the world’s largest wind farms in Egypt is set to start in 2024 and could provide electricity to Europe and Saudi Arabia.