June 24, 2022

Cornish Lithium secures further $11m for UK project

The amount corresponds to the second tranche of a $22m funding package agreed with TechMet in November.

June 23, 2022

Germany warns of Lehman-like contagion from Russian gas cuts

Germany warned that Russia’s moves to slash Europe’s natural gas supplies risked sparking a collapse in energy markets.

June 23, 2022

German utilities prepare to turn on coal plants amid gas crisis

European powerhouse Germany is in the middle of one of its biggest energy crises in recent times as Russia reduces gas supply through Nord Stream, the biggest pipeline to the…

June 23, 2022

New squeeze hits London metal market with zinc spreads spiking

The premium for spot zinc over futures spiked on Thursday to the widest since 1997.

June 23, 2022

Swiss gold refiners say they didn’t import mystery Russian metal

Over 3 tons of gold -- worth about $200 million -- was shipped from Russia to Switzerland in May, almost all of which was marked as being for refining.

June 23, 2022

LME appoints consultancy to review chaotic nickel suspension

The exchange suspended nickel trading on March 8 after prices spiked by more than 50% to hit $100,000 a tonne.

June 23, 2022

Tesla and Volkswagen square off in duel for electric-car dominance

Tesla delivered more than 936,000 EVs worldwide last year, while VW sold some 453,000 fully electric cars.

June 23, 2022

Polymetal expects silver to account for less than 5% of 2022 sales

The company has not been directly targeted by Western sanctions imposed on Moscow after it sent thousands of troops into Ukraine on February 24.

June 22, 2022

Who’s still buying fossil fuels from Russia?

Despite looming sanctions and import bans, Russia exported $97.7 billion worth of fossil fuels in the first 100 days since its invasion of Ukraine.

June 22, 2022

Umicore plan to double down on battery business knocks almost $1bn off market cap

The Belgian company presented a 5 billion euro plan to bulk up its battery materials business by 2026.