US carmaker Tesla has signed contracts worth about $5-billion to buy materials for their batteries from nickel processing companies in Indonesia, a senior cabinet minister told CNBC Indonesia.

The district, part of an old coal-mining region that closed five years ago, has taken up the challenge of transforming the local economy, embracing green agriculture despite the poor soil and lack of water.

Largo Clean Energy Signs Non-Binding MOU with Ansaldo Green Tech to Negotiate the Formation of a Joint Venture for the Manufacturing and Commercial Deployment of Vanadium Redox Flow Batteries (VRFBs)

Heavy rainfalls, withering droughts and other extreme weather patterns across the globe are denting miners' profits and crimping supply of iron ore, copper and other widely-used minerals as climate change roils yet another industry.

The world’s biggest miners have spent the past two weeks reporting lower profits, shrinking dividends and a worsening outlook as the year rolls on. Next up: Glencore Plc looks set to buck the trend.

China has established a mineral resource group with a registered capital of 20 billion yuan ($2.97 billion) in Xiongan New Area.

Shanghai will set up eight carbon monitoring stations as part of national efforts to reduce emissions, according to the Shanghai Bureau of Ecology and Environment.

Manufacturing investment maintained a relatively high growth rate, climbing 10.4 percent year-on-year during the same period.