Annie Lee

Exports of some metal products from Indonesia are being held up by new checks on rare earths and radioactive elements like uranium, snarling supplies from the major commodity producer.

Contemporary Amperex Technology Co. Ltd. posted a 42% increase in first-half profit as the world’s largest electric-vehicle battery maker benefited from robust demand for energy-storage systems.

Contemporary Amperex Technology Co. Ltd. shares jumped in China after the world’s biggest electric-vehicle battery manufacturer unveiled a buyback plan following strong earnings for the first half.

CATL surges after share buyback plan Strong first-half profit. By Annie Lee, Bloomberg ·

Indonesian smelters operated by Tsingshan Holding Group Co., the world’s largest nickel producer, have suspended exports of some metal products as executives seek clarity on a new government inspection policy, according to people familiar with the matter.

The trading arm of Chinese copper giant CMOC Group Ltd. is making a push into iron ore with a deal to finance a mining company in Brazil.

The recalibration of an attempted takeover deal reflects a more risk-averse approach from Beijing.

The US Department of Defense has canceled a tender to purchase lithium for its strategic stockpiles, in another apparent sign of the challenges it faces in trying to bolster supplies of critical minerals.

The Defense Logistics Agency dropped a tender for almost 36 million pounds, about 16,000 tons, of battery-grade lithium carbonate in a contract

Nickel fell to the lowest level since mid-July on renewed speculation that Indonesia will grant a higher ore-production quota to one of the country’s largest mines, potentially boosting supplies.