Government, Business, Fuel

US to Urge India, Japan to Back Plan for Cap on Russia Oil Price

U.S. Energy Secretary Jennifer Granholm will use talks with nations including India and Japan to rally support for a new effort aimed at capping prices for Russian oil.

David Stringer | Bloomberg News
July 11, 2022
Business, Logistics

The Global Airline Shutdown Has a Surprise Victim: Gold Miners

The collapse in commercial air travel amid global coronavirus restrictions has an unexpected casualty — gold miners looking to transport their metal to refineries.

David Stringer | Bloomberg News
April 17, 2020
Business, Technology

Companies Explore Using Old Electric Car Batteries to Cut Costs

As major players jostle for market share in large-scale power storage, American Electric Power and Nissan Motor Co. are testing new technology that reuses old electric vehicle batteries to slash costs.

David Stringer | Bloomberg News
January 24, 2020
Business, Technology, Fuel, Autonomous

Rio to Produce Lithium in California, Joining Electric Car Battery Race

Rio Tinto Group is starting pilot production of lithium in California and will consider an expansion to become the top domestic supplier in the U.S. as the world’s biggest miners look to boost their exposure to the electric car battery revolution.

David Stringer | Bloomberg News
October 22, 2019
Business, Technology, Equipment, Safety

Biggest Miner Tracking Trucker Brain Waves in Technology Race

Truck drivers employed by the world’s biggest mining company are wearing baseball caps and hard helmets with sensors mounted inside to track their brain waves so they can get early warnings of fatigue and cut accidents.

David Stringer | Bloomberg News
November 1, 2017
Business, Autonomous

Autonomous Cargo Ship Latest Push by Mining Company to Slash Costs

BHP Billiton, the world’s biggest mining company, is studying the introduction of giant automated cargo ships to carry everything from iron ore to coal as part of a strategic shift that may disrupt the $334 billion global shipping industry.

David Stringer | Bloomberg News
June 7, 2017
Business

Global Investors Bet $7.3 Billion on Australia’s Busiest Port

A group of global investors including QIC Ltd. agreed to pay A$9.7 billion ($7.3 billion) to run Australia’s busiest maritime hub for 50 years, betting on steady income from the port’s daily stream of containers and new cars.

Brett Foley | Bloomberg News
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David Stringer | Bloomberg News
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Angus Whitley | Bloomberg News
September 19, 2016