March 3, 2022

Tesla to win approval for $5.5 billion Berlin gigafactory on Friday

Tesla has for months been awaiting approval for a licence to begin production at the EV factory and adjacent battery plant in Gruenheide.

March 3, 2022

Copper close to record, zinc at 15-year high, nickel nears $28,000 as metal price rally gains momentum

Industrial metals "are just waking up" to the supply risk from Ukraine-Russia war, low stockpiles and soaring energy costs.

March 3, 2022

Gold price holds ground as Powell backs rate hikes to combat inflation

Meanwhile, another precious metal, palladium, has been enjoying monstrous gains over the past week.

March 3, 2022

Australia aids allies seeking to replace Russian coal

The Australian government is helping coal importing nations find alternatives to Russia for supplies by connecting them with local producers.

March 3, 2022

Nomads may have taken over Egypt’s emerald mines before the fall of the Roman Empire

Roman Empire emerald mines may have fallen into the hands of nomads as early as the 4th century, new research has found.

March 2, 2022

Nickel market eyes fate of Siberian metal as sanctions bite

Norilsk makes 17% of the world’s “Class 1” nickel, which is more suitable for batteries and can be sourced in large quantities from only a few other locations.

March 2, 2022

Coal benchmark jumps 46% as Ukraine war stokes supply fears

Futures for high-quality thermal coal loaded on ships at Newcastle port in Australia jumped to $446/t Wednesday.

March 2, 2022

Kinross Gold to suspend Russian operations

The company said in a statement it is suspending all activities at its Udinsk development project.

March 2, 2022

Austria’s Brixlegg launches low-carbon copper, seeks premium

Brixlegg copper has very low emissions because it is made using recycled metal as feedstock and hydropower for energy, the firm said.

March 2, 2022

Ukraine stays resilient, says Black Iron CEO as firm’s main shareholder increases stake

The Shymanivske project is 330 km southeast of Kiev and lies in the heart of central Ukraine’s KrivBass iron ore mining district.