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EasyJet, Rolls-Royce test engine on hydrogen

  Bloomberg EasyJet Plc and Rolls-Royce Holdings Plc said they successfully tested a converted jet engine running on hydrogen for the first time, as the aviation industry takes steps to move to alternative fuels and reduce green-house emissions. The test was conducted with a converted Rolls-Royce AE 2100-A regional jet engine using hydrogen created by wind and tidal power, EasyJet said. ...

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China economy braces for more slump as Covid, protests spread

Bloomberg China’s economic activity slumped in November and could drop further in coming weeks as Covid outbreaks spread across the country and protests against tighter virus restrictions escalate. Bloomberg’s aggregate index of eight early indicators showed a likely contraction in activity in November from an already subdued pace in October. With Covid cases spreading rapidly in each of China’s provinces ...

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Drive to bypass China in lithium refining grows in Australia

  Bloomberg Pilbara Minerals Ltd, one of Australia’s biggest lithium producers, plans to build a demonstration plant in Western Australia capable of refining the material that’s key to the booming global battery metals market. The pilot plant would process Pilbara Minerals’ hard-rock ore into lithium salt near the company’s Pilgangoora Project in Western Australia, in a joint venture with Australia’s ...

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