July 22, 2022

Gold price gains as investors weigh growth concerns; palladium price jumps

Gold headed for its first weekly advance since early June as investors weighed renewed concerns over economic growth.

July 21, 2022

Ford announces series of deals to accelerate EV push

Ford said it has now sourced about 70% of the battery cell capacity it needs to achieve its annual production rate of more than 2 million by late 2026.

July 21, 2022

Lithium Americas breaks ground on lithium test facility in Nevada

The Lithium Technical Development Center was built to demonstrate the chemical process designed for the company’s Thacker Pass lithium project in Humboldt county.

July 21, 2022

Alcoa warns as much as 20% of aluminum capacity is unprofitable

Despite rising worldwide aluminum demand, Alcoa will be pinched by escalating costs for energy and raw materials, CEO Roy Harvey said.

July 21, 2022

Rio Tinto, Ford to develop battery, low-carbon materials supply chain

The partnership will support the transition toward a net-zero future by supplying Ford with materials including lithium, low-carbon aluminum and copper.

July 21, 2022

Ford to buy lithium from ioneer for US EV battery plant

ioneer will supply 7,000 tonnes of lithium carbonate annually for five years to BlueOvalSK, Ford's battery joint venture with SK Innovation.

July 21, 2022

Gold price recovers as European Central Bank raises rates higher than expected

The rate hike was the first by the ECB in over a decade, and its largest since 2000.

July 21, 2022

De Beers boosts 2022 guidance despite drop in output

The miner expects to produce 32m-34m carats, up from 30m-33m carats thanks to what it calls “robust demand” from US customers.

July 21, 2022

Freeport-McMoRan misses profit estimates on lower copper prices

The world's largest publicly traded copper miner reported average realized copper prices of $4.03 per pound, from last year's $4.34 per pound.

July 21, 2022

Ford to buy cheaper CATL EV batteries to catch Tesla

Ford said it also has agreed with CATL to explore using the Chinese company's batteries in Ford vehicles sold in the United States, Europe and China.