Biden administration leans on Tesla for guidance in renewable fuel policy reform

Biden administration leans on Tesla for guidance in renewable fuel policy reform

June 23 (Reuters) – US President Joe Biden rarely mentions electric car maker Tesla Inc (TSLA.O) in public. But privately his administration has leaned on the company to help craft a new policy to allow electric vehicles (EVs) to benefit from the nation’s lucrative renewable fuel subsidies, according to emails reviewed by Reuters. The Biden … Read more

US wheat crop hit by dry winter then soggy spring, adding to global tightness

US wheat crop hit by dry winter then soggy spring, adding to global tightness

May 31 (Reuters) – North Dakota farmer Dwight Grotberg wanted to plant more wheat this spring to capitalize on soaring prices since Russia’s invasion of Ukraine cut grain exports and left the world short of millions of tonnes of wheat supply. Heavy rain has prevented Grotberg from planting as much wheat crop as he wanted … Read more

Exclusive: How a Russian billionaire shielded assets from sanctions

Exclusive: How a Russian billionaire shielded assets from sanctions

Melnichenko ceded control of coal, fertilizer firms to wife Cession occurred the day before EU imposed sanctions on him Transfers of assets fuel doubts over sanctions’ effectiveness ISTANBUL/BRUSSELS, May 27 (Reuters) – Russian businessman Andrey Melnichenko ceded control of two of the world’s largest coal and fertilizers companies to his wife the day before he … Read more

Exclusive: China quietly increases purchases of low-priced Russian oil

Exclusive: China quietly increases purchases of low-priced Russian oil

SINGAPORE, May 20 (Reuters) – China is quietly ramping up purchases of oil from Russia at bargain prices, according to shipping data and oil traders who spoke to Reuters, filling the vacuum left by Western buyers backing away from business with Russia after its invasion of Ukraine in February. The move by the world’s biggest … Read more

South Korea hunts tungsten treasure in race for rare minerals

South Korea hunts tungsten treasure in race for rare minerals

S.Korean tungsten mine gets $ 100 million makeover Dozens of new mineral projects launched globally Green, digital booms fuel demand for rare minerals China is pre-eminent in critical minerals supply GRAPHIC-S.Korea’s reliance on China: SANGDONG, South Korea, May 9 (Reuters) – Blue tungsten winking from the walls of abandoned mine shafts, in a town that’s … Read more