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Motor racing-Albon runs with the 'big dogs' in Australia

Alex Albon put Williams in the fight for points at the Australian Grand Prix after qualifying eighth on Saturday as the best of the rest behind Formula One's top four teams.

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Ford signs $4.5 bln investment deal with Vale Indonesia, Huayou for EV battery material plant

U.S carmaker Ford Motor Co signed a final investment agreement with PT Vale Indonesia, and China's Zhejiang Huayou Cobalt on Thursday to build nickel processing plant, valued at around $4.5 billion.

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UPDATE 2-Ferrari sees extended life for roaring combustion engines after EU deal

The head of Ferrari on Monday welcomed plans to exempt cars that run on e-fuels from the European Union's planned 2035 phase-out of new combustion engine vehicles as they will give the luxury carmaker "greater freedom" on its power systems.

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Volkswagen, partners to invest over $20 bln in car battery business

Volkswagen said on Thursday it would invest over 20 billion euros ($20.38 billion) in a battery cell business jointly with partners, creating 20,000 jobs and reaching annual sales above 20 billion euros by 2030 as it seeks leadership in the growing market.

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Motor racing-Leclerc set for penalty as Ferrari say engine is beyond repair

Ferrari's Charles Leclerc faces a grid penalty, possibly at Sunday's Canadian Grand Prix, after a failed power unit that wrecked his race in Azerbaijan last weekend was declared a write-off.

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UPDATE 1-Redwood Materials aims to start anode copper foil production by end of 2022 -CEO

The chief executive of battery recycling company Redwood Materials said on Tuesday his company aimed to start copper foil production used for electric vehicle battery anodes at its new Nevada facility by the end of this year.

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Hungary wins EU nod for $230 mln aid to SK Innovation battery plant

Hungary on Tuesday gained EU competition approval to grant 209 million euros ($230 million) in state aid to South Korea's SK Innovation Co's electric vehicle battery plant, its third in the country.

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UPDATE 1-Eramet sees high metal prices sustaining earnings this year

Eramet said on Wednesday that high metal prices are likely to continue to drive earnings this year after a surge in the French nickel and manganese miner's core earnings in 2021.

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China's Zijin Mining to invest $380 mln in Argentina lithium plant

Chinese mining firm Zijin Mining Group Co Ltd will invest $380 million to construct a lithium carbonate plant in Argentina via local subsidiary Liex, the country's Ministry of Production said on Friday.

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