Bloomberg Business

London Mayor Raises Concerns Over HS2 Funding for Euston Site

Mayor of London Sadiq Khan has demanded “urgent clarification” from Rishi Sunak on how the construction of a new high-speed rail terminal in Euston will be funded, just days after the prime minister announced swingeing cuts to the line.

UAW Skips Strike Expansion, Paves Way for EV Plant Unionization

The United Auto Workers won a landmark concession from General Motors Co. to bring battery plant workers into the union’s fold, a move that will pressure Ford Motor Co. and Stellantis NV to follow suit and secure labor’s role in the transition to electric vehicles.

Iron Ore Billionaire’s Lithium Raid Leaves Investors Guessing

Gina Rinehart, Australia’s richest woman, has muscled in on one of the largest battery-metals deals to date, building a near-17% stake in Liontown Resources Ltd. and threatening its A$6.6 billion ($4.2 billion) takeover by US giant Albemarle Corp.

US Turns to Private Investment for Minerals Projects

The US is working with a network of private companies to help spur investment in up to 15 global critical-minerals projects designed to create a more secure supply chain of key metals.

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