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Home2023January

Month: January 2023

Geopolitical

Russia Sends Its Biggest Gun To Ukraine

January 13, 2023 Mariel Alumit

Authored by Denes Albert via Remix News, Russian forces, who have reportedly suffered considerable losses on the front line, have now deployed additional units of the world’s most powerful mortar, which is capable of using […]

Crude Oil News

Daily Energy Standup Episode #40 – The Taliban has a new “Supercar”, Jamie Dimon says US needs to revamp energy policies, the SPR may never get filled.

January 13, 2023 Andy Del Prado

www.energynewsbeat.com The SPR may never get filled again. Biden and the current administration siphoned the profits to pay for some of the legislation ran through without reading. Jamie Dimon is right again. The U.S. needs […]

Teck
ESG

Teck fined $1.6 million for acid spill into Columbia River at Trail smelter operations

January 12, 2023 Mariel Alumit

​ Vancouver-based Teck Resources was ordered January 10 to pay C$2.2 million ($1.65m)for an acid spill into the Columbia River at the company’s Trail smelter operations. A Rossland provincial court judge made the order after […]

PC Bust
Commodities

PC Bust Cycle Will Last Until 2024

January 12, 2023 Mariel Alumit

The PC bust cycle will extend well into 2023 and might not see a turnaround until 2024. The pandemic-era demand has mostly evaporated as consumers and companies delay purchases. The hangover for the PC market […]

volatile
Rare Earth Minerals

And the winner for most volatile commodity this decade goes to…lithium

January 12, 2023 Mariel Alumit

​ Commodity prices are always volatile, but in 2022 metal and mining markets reached new levels of turbulence, as the pandemic played out in China, inflation plagued the developed world and the Ukraine war upended […]

energy
Aljazeera International

‘A new industrial age’: The coming renewable-energy boom

January 12, 2023 Mariel Alumit

The world is at the “dawn of a new industrial age” of clean energy technology manufacturing that will triple in value by 2030 and create millions of jobs, according to the International Energy Agency (IEA). […]

BlackRock
Finance

BlackRock To Lay Off About 500 Employees

January 12, 2023 Mariel Alumit

BlackRock is the latest Wall Street firm feeling the heat of an ugly 2022 and a significantly slower pace of dealmaking heading into 2023. As a result the firm, like many Wall Street firms we […]

Rock Tech
Critical Minerals

Rock Tech granted permission for early construction of lithium hydroxide plant in Germany

January 12, 2023 Mariel Alumit

​Rock Tech Lithium (TSXV: RCK) has received permission for an early start to the construction of its Guben lithium converter in Germany. First significant on-site work for this strategic critical mineral project is expected within […]

Bankman
Aljazeera International

‘I didn’t steal funds’ says former crypto titan Bankman-Fried

January 12, 2023 Mariel Alumit

Sam Bankman-Fried has said he did not steal money and blamed the collapse of his now-bankrupt FTX exchange on a broad crash in cryptocurrency markets, in a highly unusual blog post, a month after his […]

NASA
Aljazeera International

NASA: 2022 tied for the fifth hottest year on record

January 12, 2023 Mariel Alumit

A group of US-based scientists say 2022 tied for the fifth hottest year on record, continuing a trend of rising global temperatures and extreme weather caused by the burning of coal, oil and gas. On […]

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