Natural Resources

The commodities giant said it would pay a penalty and costs after pleading guilty to British charges of bribing officials in West Africa for preferential access to crude oil.

The move follows scrutiny of foreign-led deals for companies focusing on critical minerals including lithium.

The company said markets for its construction and mining equipment and engines for transportation and energy generation stayed strong in its most recent quarter.

A company founded by a South African husband and wife to provide medical care for Congolese miners asked a U.S. judge for $50 million in restitution for the harm it said it suffered from a bribery scheme involving Glencore.

Potential supplier of electric-vehicle battery metal to BMW aims to raise cash to produce lithium in Austria.

Bitcoin miner Core Scientific accused bankrupt crypto lender Celsius of refusing to pay its bills since filing for chapter 11, threatening the data hosting company’s own financial health.

Insurer lost its fight to dismiss the talc miner’s bankruptcy on the basis of bad faith

President Recep Tayyip Erdogan, who was criticized for his government’s response to a 2014 mining disaster, traveled to Amasra on the Black Sea coast to monitor the rescue effort.

An embargo could squeeze Russia’s huge aluminum industry and create problems for international supply chains.

From Amazon to HBO Max, entertainment companies are exploring discounted packages and partnerships with rivals; “the great rebundling.”

Resources companies find there is a deepening pool of buyers for assets that have long been undervalued.

PepsiCo recalled 221 cases of the pre-packaged Starbucks Vanilla Espresso Triple Shot drink in seven states due to possible contamination from metal fragments.

In a sale mandated by the tax-and-climate spending legislation, the administration awarded $190 million of offshore leases.

The world’s biggest auto makers are betting that recycled material from old batteries will help supply the metal they need to build electric cars. The latest wager is on a startup that says it can take advantage of the Inflation Reduction Act.

Global demand for metals like nickel, cobalt and lithium is running into a new global wave of resource nationalism and environmental activism.

The Russian steel magnate, who was sanctioned by the U.S., the European Union and the U.K. following the invasion of Ukraine, is exploring options to restructure ownership of his businesses to ease the burden of Western sanctions, according to people familiar with the matter.

Wagner Group, a private army formed by “Putin’s Chef,” is taking aim at Mali’s mineral riches in a strategic part of Africa. Its mercenaries are accused of massacring civilians.

The Glencore-backed electric-vehicle battery maker hopes to raise funds to build a lithium-ion battery plant in northern England.

Miners have been hesitant to splurge on big acquisitions since the last big commodity bust. But recent events suggest that may be about to change again.

Copper mining company OZ Minerals rejected a takeover approach by BHP, which is seeking to boost its output of a metal needed for electric vehicles, wind turbines and solar farms.