TESLA TO SPEND $1 BILLION A YEAR ON BATTERY MINERALS PURCHASE FROM ASUTRALIA

Highlights:

• Tesla is expecting to buy battery raw materials from Australia worth over 1 billion dollars a year
• Robyn Denholm said, Tesla is already sourcing three quarters of the lithium feedstock from Australia

The carmaker Tesla&nb...

How did gold, oil, nickel commodities performed in the market?

Gold

Gold prices increased higher crossing the $1,600 mark as investors sought cover in the secured asset after Iran fired rockets at Iraqi airbase which hosts US forces.

Spot Gold has important support at U.S $1560 whereas resistance remains at U.S $1610. Sid...

BNC lobbies RBZ to increase the level for forex retention

The Zimbabwe reserve bank, says the Bindura Nickel Corporation (BNC), needs the mining companies to keep at least 80 percent of their foreign currency export earnings because they waste much of their cash on electricity bills.

The government granted the Zimbabwe Electricity Supply Autho...