Procter & Gamble reported year-over-year declines in revenue and profit on Thursday, as higher prices look to offset declining sales volumes. Here’s how P&G performed in its fiscal secon...
Tag: Metals and minerals industry
UK’s first large-scale lithium refinery chooses location
A lithium-ion battery photographed at a Volkswagen facility in Germany. Lithium-ion batteries are crucial components in electric vehicles. Jan Woitas | Picture Alliance | Getty Images LONDON — A facil...
Stellantis looks to Australian materials for its EVs
This image, from July 2021, shows a Citroen e-C4 electric vehicle on display at a showroom in Paris, France. Citroen is a brand of Stellantis, one of the world’s biggest automakers. Benjamin Gir...
EV makers face cash squeeze amid soaring battery, production costs
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC In the transition from gas-powered vehicles to electric, the fuel ...
Ford Mustang Mach-E price hiked by as much as $8,475 due to battery costs
Visitors check on a Ford Mustang Mach-E electric vehicle displayed at a launch event in Shanghai, China April 13, 2021. Yilei Sun | Reuters DETROIT – Ford Motor is hiking the starting prices of its el...
3M will spin off its health-care business into a new public company
3M announced Tuesday it will spin off its health-care business into a separate publicly traded company. The new business will focus on wound and oral care, health-care IT and biopharma filtration, the...
Signs of forced labor found in China’s EV battery supply chain: Report
Hundreds of Uyghurs are working for a mining conglomerate that produces raw materials for electric vehicles as part of a so-called work transfer program in China, the New York Times reported. Shen Lon...
Jokowi lays out his pitch for why Elon Musk should invest in Indonesia
Elon Musk, here seen at an event in New York in early-May, is being aggressively courted to produce his electric vehicles “end to end” in resource-rich Indonesia. Angela Weiss | AFP | Gett...
Geothermal energy could transform the way lithium is sourced
The southwest of England is famed for its dramatic coastline, verdant countryside and fresh seafood. If all goes to plan, another string could be added to the region’s bow over the next few year...