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Polina Devitt

FILE PHOTO: A Credit Agricole logo is seen outside a bank office in Reze near Nantes, France, May 12, 2021. REUTERS/Stephane Mahe/File Photo
BusinessEmissions MarketsNews

Credit Agricole CIB chooses carbon trading over gold, sources say

France's second largest listed bank Credit Agricole has decided to replace precious metals with trading in the regulated carbon markets.

FILE PHOTO: A worker processes platinum group metal (PGM) ores at a smelter complex during a visit by U.S. Deputy Treasury Secretary Wally Adeyemo at a platinum mine owned by Sibanye Stillwater, as part of his five-day visit to the country, in Marikana, outside Rustenburg, northwest of Johannesburg, South Africa, March 14, 2024. REUTERS/Siphiwe Sibeko/File Photo
AnalysisAutomotiveBusinessCritical MineralsElectric Vehicles (EVs)In-DepthMineralsTransport

Analysis: Hybrid cars throw lifeline to platinum metals

As consumers increasingly turn to hybrid cars over pure EVs, the exhaust-cleaning platinum metals rise above the expected drop in demand.

FILE PHOTO: A man works on nickel laterite ore at Ganyu port in Lianyungang, Jiangsu province, China June 11, 2019. REUTERS/Stringer/File Photo
Critical MineralsMineralsMiningNews

Nornickel in talks to build China nickel plant for battery sector

CNGR Advanced Material and Brunp Recycling, a subsidiary of Chinese battery giant CATL, are among the firms approached by Nornickel.

BusinessCritical MineralsMineralsMiningNewsPoliticsTrade

Russian firms raise zinc output to meet government demand: sources

Russian firms have boosted zinc metal production over the past month to benefit from rising state demand and reduce reliance on China.

The logo of Russia's mining company Norilsk Nickel (Nornickel) is seen during the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 15, 2022. REUTERS/Maxim Shemetov/File photo
News

Russia’s Nornickel plans to build a PGMs refinery in Bahrain

Nornickel is the world's largest producer of palladium and a major producer of platinum, accounting for 41% and 12% of global mine output.

FILE PHOTO: An employee holds an ingot of 99.98 percent pure platinum in a workroom during production at Krastsvetmet precious metals plant in the Siberian city of Krasnoyarsk, Russia, January 31, 2023. REUTERS/Alexander Manzyuk
Critical MineralsElectric Vehicles (EVs)EmissionsNews

Weaker supply will drive platinum deficit higher than expected in 2024

The global platinum deficit in 2024 will be deeper than previously expected due to lower supply from mines in South Africa and Russia

BusinessCritical MineralsMineralsNewsPoliticsTrade

US takes action targeting Russian aluminum, copper and nickel

Washington and London prohibited metal-trading exchanges from accepting new aluminum, copper and nickel produced by Russia.

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