The Latest Breaking News from Saul Kavonic

Rio Tinto is reportedly considering paying $4-6 billion to acquire U.S. lithium producer Arcadium, which would give it access to mines and processing facilities on four continents. The move highlights the global competition for lithium dominance in the face of rising demand for electric vehicles.

Chevron and striking workers have accepted a deal brokered by the Fair Work Commission, putting an end to disruption at two LNG projects in Western Australia.

East Timor’s President Jose Ramos-Horta is scheduled to arrive in Australia for a state visit as negotiations over lucrative gas resources reach a critical stage for his impoverished nation

The cost of electric cars could start to fall, with the price of a core component in EV batteries expected to reduce, according to Credit Suisse analysts.

Analysts warn that Europe faces potentially harsh economic pain in the short term if Russia chooses to use energy as leverage in its war on Ukraine.