R/€ = 16.26 Change: 0.05
R/$ = 14.30 Change: 0.05
Au 1408.90 $/oz Change: -24.41
Pt 804.29 $/oz Change: -8.72


Rare earths giant Lynas to prioritise US military's needs, CEO says

By: Bloomberg     7th June 2019 The world’s largest rare-earth producer outside of China will prioritise the US military’s needs when it starts production at a plant it’s building in Texas, the company’s CEO said. While defence applications are small compared to commercial uses, the military has been successful in creating... 

Startups strive to recycle emissions for 'new carbon economy'

By: Reuters     31st May 2019 Jennifer Holmgren, CE of carbon recycling firm LanzaTech, explained modestly how the Chicago-based startup had cut multimillion-dollar deals on four continents, including in China, aimed at helping curb climate change and air pollution. At the Jingtang Steel Mill in Heibei province, the company... 

Trade war spurs 'change in attitude' on gold for spooked markets

By: Bloomberg     15th May 2019 Donald Trump’s tweets are keeping global financial markets on edge, and many investors are opting for gold as a refuge. Gold open interest, a tally of outstanding futures contracts, surged the most since mid-2016 on Monday to the highest in more than seven weeks. Prices of the metal have advanced... 

Marrakesh Agreement: 25 years on

By: Riaan de Lange     3rd May 2019 April 15, a day steeped in history. Well, you can argue that this is true of every day. What possibly makes April 15 a bit unique is that all the major events that happened on this day are general knowledge, unless you are not from this planet. On this day in 1865, US President Abraham Lincoln... 

Boeing suspends outlook as 737 Max uncertainty clouds future

By: Bloomberg     25th April 2019 Boeing's earnings missed analysts estimates for just the second time in five years as executives grapple with one of the worst crises in the planemaker’s century-long history. The manufacturer abandoned its 2019 financial forecast as it deals with the aftermath of two deadly crashes of its 737... 

Boeing crash fallout widens on TUI profit hit, passenger lawsuit

By: Bloomberg     29th March 2019 Boeing faced widening fallout from the crisis over its 737 Max jets, as travel giant TUI warned the grounding of the aircraft will cut its profit and the estate of a passenger who died in this month’s crash in Ethiopia sued the planemaker. Boeing, based in Chicago, has been under intense scrutiny... 

BHP is said to weigh bid for Blackstone-backed Bluewater

By: Bloomberg     28th March 2019 BHP Group is among the potential bidders for Blackstone Group and LLOG Exploration Co.’s oil-exploration joint venture Bluewater, according to people with knowledge of the matter. The Bluewater business, which is also attracting interest from closely held Fieldwood Energy, is focused on... 

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