ERG will sell 3,000 metric tons of contained cobalt metal to EVelution annually, which will be used to build an Arizona-based low-carbon cobalt sulfate plant starting in 2024.

A previous court decision to support a legal challenge by a group of executives to proposed hikes in salaries for other workers was overturned October 10.

The unions and Chevron are scheduled to meet at 10:30 p.m. ET on October 10 for talks with Bernie Riordan, the commissioner of Australia’s Fair Work Commission.

Night shift workers at Chevron’s Wheatstone and Gorgon facilities elected to restart the strike during an October 6 afternoon meeting.

The company said it has told customers it will keep the surcharge at $228 a ton ahead of the start of annual supply negotiations in London.

The sanctions and charges, which were brought on by the U.S. Attorney’s Offices in Florida as well as the Federal Treasury Department on October 3, were strongly condemned by China.

The reductions are part of previously announced voluntary cuts led by Russia and Saudi Arabia totaling 1.7 million barrels per day.

Minerals critical for the green transition and highly traded agricultural products are especially vulnerable to “geo-economic fragmentation,” the IMF said October 3.

The Biden administration and Lithium Americas Corp. are negotiating the terms of an agreement that would fund more than half of the cost of the Thacker Pass mine in Nevada.

The plant is set to start operating in 2026 and will initially produce enough batteries for about half a million EVs.