Canada orders three Chinese firms to exit critical minerals deals

Canada orders three Chinese firms to exit critical minerals deals

OTTAWA, Nov 2 (Reuters) – Canada’s government ordered three Chinese firms on Wednesday to divest their investments in Canadian critical minerals companies on grounds of national security. The three firms ordered to divest their investments are Sinomine (Hong Kong) Rare Metals Resources Co Ltd, Chengze Lithium International Ltd, also based in Hong Kong, and Zangge … Read more

Glencore employees moved bribes cash by private jet, London court told

Glencore employees moved bribes cash by private jet, London court told

LONDON, Nov 2 (Reuters) – Employees and agents of a British subsidiary of mining and trading group Glencore (GLEN.L) used private jets to transfer cash to pay bribes to oil officials in West Africa, prosecutors told a London court on Wednesday. Glencore Energy UK Limited paid – or failed to prevent the payment of – … Read more

Biden awards $2.8 billion to boost U.S. minerals output for EV batteries

Biden awards .8 billion to boost U.S. minerals output for EV batteries

WASHINGTON, Oct 19 (Reuters) – The Biden administration said on Wednesday it is awarding $2.8 billion in grants to boost U.S. production of electric vehicle batteries and the minerals used to build them, part of a bid to wean the country off supplies from China. Albemarle Corp (ALB.N) is among the 20 manufacturing and processing … Read more

EXCLUSIVE EU, U.S. step up Russian aluminium, nickel imports since Ukraine war

EXCLUSIVE EU, U.S. step up Russian aluminium, nickel imports since Ukraine war

Aluminium blocks are seen in Wagner Automotiv industry in Gradacac, Bosnia and Herzegovina February 8, 2022. REUTERS/Dado Ruvic/File Photo Register now for FREE unlimited access to Reuters.com Register EU, U.S. largely spared Russian metals sector from sanctions EU lifts Russian aluminium imports by 13% in March-June U.S. shipments of Russian nickel soar 70% in March-June … Read more

Europe braces for more cuts in Russian oil and gas exports

Europe braces for more cuts in Russian oil and gas exports

An interior view shows a new pumping station of the Caspian Pipeline Consortium (CPC) near the city of Atyrau, Kazakhstan October 12, 2017. REUTERS/Mariya Gordeyeva Register now for FREE unlimited access to Reuters.com Register CPC says two of three mooring points (SPM) suspended One SPM can handle less than 70% of terminal capacity – sources … Read more

Eneos books strong Q1 results, CEO abruptly resigns

Eneos books strong Q1 results, CEO abruptly resigns

JX Nippon Oil & Energy Corp’s Eneos brand logo on a tanker lorry in a train at a station nearby its refinery in Yokohama, Japan February 7, 2017. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register TOKYO, Aug 12 (Reuters) – Japanese oil and metals giant Eneos Holdings Inc (5020.T) announced on … Read more

Chilean authorities investigate mysterious large sinkhole near copper mine

Chilean authorities investigate mysterious large sinkhole near copper mine

SANTIAGO, Aug 1 (Reuters) – Chilean authorities started investigating on Monday a mysterious sinkhole about 25 meters (82 feet) in diameter that appeared over the weekend in a mining area in the north of the country. Chilean media showed aerial images of the sinkhole on land operated by a Canadian Lundin Mining (LUN.TO) copper mine, … Read more

Ford announces series of deals to accelerate EV push

Ford announces series of deals to accelerate EV push

Ford CEO Jim Farley attends the official launch of the all-new Ford F-150 Lightning electric pickup truck at the Ford Rouge Electric Vehicle Center in Dearborn, Michigan, U.S. April 26, 2022. REUTERS/Rebecca Cook/File Photo Register now for FREE unlimited access to Reuters.com Register DETROIT, July 21 (Reuters) – Ford Motor Co (F.N) on Thursday announced … Read more

Stocks make recovery bid, hemmed in by weakening world economy

Stocks make recovery bid, hemmed in by weakening world economy

Chinese economy slowed sharply in Q2 U.S. yields, dollar pull back after Fed officials’ comments European markets firmer, with eyes on Italy political crisis LONDON, July 15 (Reuters) – European stocks rose on Friday and Wall Street was tipped for a firmer open as risks appeared to ease of an immediate political crisis in Italy … Read more

Russian court orders halt to Caspian oil pipeline but exports still flow

Russian court orders halt to Caspian oil pipeline but exports still flow

An exterior view shows a new pumping station of the Caspian Pipeline Consortium (CPC) near the city of Atyrau, Kazakhstan October 12, 2017. REUTERS/Mariya Gordeyeva Register now for FREE unlimited access to Reuters.com Register This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. CPC exports around 1.2 … Read more