A red-hot trend in the car industry is for new entrants such as Fisker Inc. to hand over the complicated and capital-intensive work of engineering and building vehicles to a contract manufacturer.
A $21 Billion Wager on Who Will Build the Apple Car Read More »
Anglo American (LON: AAL) has rejected a $39 billion takeover offer from BHP (ASX: BHP) conditional to the target company divesting its platinum and iron ore businesses in South Africa.
Anglo American rejects “opportunistic” $39bn takeover bid from BHP Read More »
The commodity trading industry reaped its second-best year ever in terms of profits, banking over $100 billion and building up a mountain of cash to spend on assets and breaking into new markets.
Global commodity trading profits topped $100 billion for second-best year ever Read More »
Goldman Sachs, Macquarie, and some hedge funds have boosted physical trading and options trades in uranium amid soaring prices, as many countries look to increase nuclear power generation to meet their climate goals while reducing the need of fossil fuel imports.
Goldman Sachs Boosts Physical Uranium Trades Amid Soaring Prices Read More »
KoBold Metals, backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has launched a four-continent search for deposits of lithium, the coveted metal used in batteries that power electric vehicles and high-tech devices.
Gates, Bezos-backed KoBold Metals in four continent quest for lithium Read More »
Chile is targeting an acceleration of its nascent copper-production recovery over the coming years in what would help fill a predicted supply gap as the energy transition spurs demand for the wiring metal.
Chile targets million-tonne copper boost in tightening market Read More »
Tesla’s decision to set up its electric-vehicle facilities in neighbouring Malaysia was a blow to Indonesia’s efforts to lure investments for building an end-to-end EV supply chain ecosystem.
As professional golfers continue to express concerns about the PGA Tour’s deal with the Saudi-backed LIV Golf, Tiger Woods has joined the board of directors in a concession to player demands.
Goldman Sachs (GS) on Monday agreed to sell off its $29 billion Personal Financial Management (PFM) unit to Creative Planning, a Kansas-based Registered Investment Advisor (RIA).
Goldman Sachs Sells Off $29 Billion Investment Advisory Business Read More »
The lithium industry needs to invest $116 billion by 2030 if the world is to meet the ambitions targets set by governments and the largest automakers, according to a Benchmark analysis.
Lithium industry needs over $116 billion to meet automaker and policy targets by 2030 Read More »
(Bloomberg) — The Chairman of the House Africa subcommittee, Representative John James of Michigan, introduced a bill requiring the creation of a US national strategy to secure supply chains of critical minerals from Democratic Republic of Congo.
US Bill Aims to Counter China Control of Congo Critical Minerals Read More »
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