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Latest: Energy News

World’s Biggest Lithium Hub Being Built in Xinjiang – Yicai
World’s Biggest Lithium Hub Being Built in Xinjiang – Yicai

The facility, situated in the embattled Xinjiang region, will process three million tons of precious metals annually

China’s Mining Probe Set to Cut World Lithium Supply by 13%
China’s Mining Probe Set to Cut World Lithium Supply by 13%

Officials in Yichun, known as Asia’s lithium capital, said last week they were cracking down on illegal mining – news that comes amid a big drop in the price of lithium, which could last for some time

Australia Blocks Chinese Investment in Rare Earths Company
Australia Blocks Chinese Investment in Rare Earths Company

Northern Minerals said on Tuesday the federal government blocked its largest shareholder, China’s Yuxiao Fund, from raising its ownership to 19.9% from 9.92% on grounds of national interest

Adani Shares Plunge Again on $400m Debt Talks Report
Toyota to Make EVs in US in 2025, Agrees to Big Japan Wage Hike
Critical China Factory Hubs Face Greatest Climate Change Risk
Guangzhou Splashes $29 Billion on Chip and Tech Race – SCMP
Adani to Prepay $121 Million Loan as Market Value Drops 57%
India’s Power Play to Become a Global Solar Force – Hindu
Uber to Launch 25,000 Electric Vehicles in India Over 3 Years

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Energy: The Big Picture

India Is Likely Exporting Refined Russian Oil to the West

India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.