Latest News: Energy
Tsingshan and fellow Chinese firm Chengxin Lithium Group will produce 60,000 tonnes per year of lithium chemicals at a processing facility in Indonesia
Since mid-November the average daily national coal supply has been 8.6 million tonnes, the NDRC announced
A plan for a A$7 billion, 250-kilometre undersea cable would be undercut by Tesla-supplied battery projects in Victoria
Limited supply of lithium and cobalt - the key constituents of a Li-ion battery - is also behind the global hunt for a replacement, which may become ready by 2030...
-
Lithium Price May Soar Even Higher On Supply Shortage: BL19 Nov 2021
Some analysts fear the jump in prices of lithium, a key constituent of batteries that drive electric vehicles, could cool people’s adoption of electric vehicles...
-
China Aluminium Prices Drop Near Six-Month Low17 Nov 2021
China accounts for 57% of global supply of the metal and previously exported 5-6 million tonnes annually...
-
Indian-Owned Plant Faces Carbon Challenge: Telegraph14 Nov 2021
Tata-owned facility is one of the UK’s top carbon polluters and will need to find ways to make steel with less carbon dioxide output...
People’s Bank of China announces new “carbon emission reduction lending facility” to provide low-cost funds for clean power...
-
Shell To Build Singapore Unit To Turn Plastic Waste To Chemicals23 Nov 2021
The projects form part of Shell Singapore's plans to cut emissions from operations by half by 2030, from 2016 levels on a net basis...
-
Reliance Shelves Aramco Deal Amid Shift To Renewable Energy20 Nov 2021
The stake sale is being pulled as Reliance Industries is making huge strides in its new energy business. The Indian conglomerate has vowed to invest $10 billion in alternative energy over the next three years...
-
Copper Waste Could Yield Cobalt, Say Researchers13 Nov 2021
The mineral is highly sought-after and a key component in lithium-ion batteries used in electric vehicles and battery storage systems...
Announcement comes soon after the fast-growing energy player finalised a A$40-billion ($29 billion) deal to buy BHP's fossil fuel assets...
-
US To Release 50m Barrels of Crude in OPEC Showdown23 Nov 2021
The US will release 50m barrels from its Strategic Reserve to help cool oil prices in the lead-up to Christmas. States in Asia will do what they can....
-
Japan Working On Release Of Oil Reserves After US Request22 Nov 2021
Japanese officials are working on ways to get around restrictions on releasing national oil reserves in tandem with other countries to dampen prices, government sources say...
Rare earths, copper, chromium, tungsten, petroleum and natural gas are among the items on the National Development and Reform Commission menu...
-
China’s Rare Earths Exports Rise To Seven-Month Peak07 Nov 2021
Exports of the 17 minerals crucial to the production of electronic components and magnets – and to many industrial processes too – are up 89% on a year ago...
-
Quad Nations To Cooperate On Rare Earths, Chips and Tech Supply Chains26 Sep 2021
Australia will play a key role in supplying critical minerals to other members of the group, which wants to ensure China does not exert control over items essential to modern technology....
More Energy News
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
