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...The chief executive of Barrick Gold said miners needed to invest more in exploring for and developing new deposits of the world’s most important industrial metal — needed for power lines, data centres and...
...Siemens still owns a quarter of the company....
...There is also doubt about the future of a licensing agreement between CATL and Ford, under which the US automaker planned to use the Chinese company’s technology at a planned $3.5bn plant in Michigan....
...In the US, lawmakers have reportedly asked the Biden administration to investigate Chinese companies involved in Ford Motor’s planned Michigan battery plant....
...Glencore is already in the middle of a $9bn takeover of Teck Resources’ coal division.The challenge for Glencore might be the size of the deal, Davis added....
...But last month, Tesla posted sales of 386,810 vehicles in the first three months of 2024, below an expected 450,000 but more than that of its Chinese rival....
...swing state of Pennsylvania....
...Unite the Union said on Thursday that about 1,500 of its members at Tata’s Port Talbot and Llanwern plants had backed industrial action in what it called a “historic” bid to save thousands of jobs....
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...An index tracking the performance of six industrial metals on the London Metal Exchange has climbed 8 per cent since the start of 2024, outpacing a 6.3 per cent rise for MSCI’s index of worldwide stocks....
...The weak demand in the US has prompted Ford to cut production of its F-150 Lightning electric truck and scale back on a battery plant in Michigan....
...“There are a number of considerations,” Ford said. “We’re not being specific about what they are....
...Global steel production today accounts for at least 7 per cent of global greenhouse gas emissions. In Germany, it emits more than a quarter of the country’s total industrial carbon dioxide....
...The debate raises profound questions that all countries involved in the green transition will face: how do you allocate finite energy resources wisely and equitably?...
...to power the latest generation of reactors....
...“You can’t get away from the fact that South Africa is a very onerous environment for big mining companies in which to invest, let alone explore new resources,” said Michael Cardo, author of Harry Oppenheimer...
...chief executive of Yara International, one of the world’s largest producers of nitrogen-based mineral fertilisers....
...of Statistics....
...Jefferies puts these at £350mn annually or some 4 per cent of DS Smith’s sales....
...When futures plunge just ahead of that time of year, you know that something is not right....
...Prices of these industrial metals have fallen sharply in the past couple of years. In its full-year results on Thursday, the miner said it would rethink its portfolio....
...is a byproduct of copper or nickel....
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