International and Sudbury nickel miner Vale is ready to sell off 10 per cent of its base metals division to Saudi Arabia, according to reports in the business media.
South Africa will overshoot its budget deficit target this year due to higher spending on public wages and an expected dip in tax receipts amid sluggish economic growth and lower commodity prices, economists told Reuters.
Egypt is about to launch a set of bids for precious and basic metals, in addition to phosphates, sulfur, and potash, during the current quarter, Minister of Petroleum and Mineral Resources Tarek el-Molla has announced.
A flurry of economic data from China in the coming week is expected to show its post-pandemic bounce is quickly fizzling out, raising expectations that the world’s largest oil importer needs to unveil more stimulus measures soon to shore up activity and shaky consumer confidence.
Global tech manufacturer HP made progress on its sustainability goals in 2022, using 45% more recycled metals and auditing twice as many recyclers as the previous year.
Rare-earth elements that are crucial for clean-energy technologies are jealously fought over. Policies and programmes to encourage recycling and recovery could reduce tensions.
A University of Minnesota Twin Cities team has, for the first time, synthesized a thin film of a unique topological semimetal material that has the potential to generate more computing power and memory storage while using significantly less energy. The researchers were also able to closely study the material, leading to some important findings about the physics behind its unique properties.
Johnson Matthey (JM), a global leader in sustainable technologies, has today signed an investment agreement with the Jiading District in Shanghai to help accelerate the hydrogen economy in China.
Toyota Motor (7203.T) will focus on selling hydrogen-powered trucks and cars in Europe and China, as part of a push to sell 200,000 of these vehicles by 2030, executives said on Tuesday.
Japan's Toyota Motor Corp. said Tuesday that it expects to supply its hydrogen fuel cell system in amounts enough for 100,000 vehicles annually in 2030.
China's passenger vehicle sales fell in June, data from the China Passenger Car Association (CPCA) showed on Monday, as a stumbling economic recovery led to more consumer caution on big-ticket spending.
Palladium could extend this year's near 30% price decline as the rapid rise of electric vehicles threatens to hammer demand for the autocatalyst metal at a time broader economic weakness and chart factors are also weighing.
Nikola, a cash-strapped maker of zero-emission heavy-duty trucks, said it’s received grant funding from California to build some of the first U.S. fueling stations for hydrogen-powered semis, an alternative to carbon-spewing diesel models. Some may open as soon as late this year.
ZIMBABWE’S government is due to meet with Bravura Holdings over delays to a proposed platinum group metals project, said Bloomberg News in an article republished by News24. Bravura Holdings is owned by Nigerian tycoon Benedict Peters.
Gold and silver prices are lower in midday U.S. trading Thursday, following a much stronger-than-expected U.S. ADP employment report this morning that showed a gain in jobs that was double market expectations. The report pushed the U.S. dollar index well off its overnight low and also pushed U.S. Treasury yields higher. August gold was last down $10.50 at $1,916.70 and September silver was down $0 ...
Gold and silver prices are higher in early U.S. trading Friday. Both metals have posted impressive rebounds from this week’s lows and have been boosted in part by the sell off in the U.S. dollar index, which hit a four-week low overnight. August gold was last up $9.20 at $1,979.80 and July silver was up $0.308 at $24.26.
Grooves in the kind of hydrogen fuel cells most likely to power vehicles may boost the performance of the devices by up to 50 percent, a new study finds.