Welcome back to The Chem Ledger. Today's newsletter delves into new deals in the Battery, Energy, Nuclear, Fuel, and Drug Delivery space. If someone forwarded this newsletter to you, you can have direct access here. Battery Google has committed an investment of $1 billion to Form Energy for
Plus: Rare Earth, Fusion, Semiconductors, and Pharma updates.
Plus: Materials, Mining, and Energy updates
Plus: Offshore Wind Fights, Green Hydrogen Funding, AI Crop Gene Editing
Good morning. This is the first newsletter of 2026, in which we look back at last week's key occurrences in the chemical and allied industries. Oil & Gas On January 3, 2026, the US conducted a military strike on Venezuela following months of planning and a series of
Last week, Canada greenlit the Anglo American - Teck Resources merger, cementing Vancouver as the headquarters of the new copper powerhouse. Meanwhile, a media company is merging with a nuclear fusion company. The plan? Build utility-scale power plants, starting with a 50 MW facility. But can a media company truly
Last week, while markets argued over rate cuts, boards green-lit more projects to chase rocks, heat and spinning metal, the unglamorous assets that keep AI servers humming and delivery vans rolling. Mining Fluor Corporation has been awarded a contract by Teck Resources Limited for the Highland Valley Copper Mine Life
The Chem Ledger #52
Welcome to this week's newsletter. This edition features major moves in mining, where BHP's attempts to subsume Anglo American highlight the growing importance of copper, a metal that will underpin much of our renewable energy future. We're also looking at innovative carbon capture tech
This week saw a flurry of billion-dollar deals across energy, biotech, and pharma. The US Department of Energy is reviving the Three Mile Island nuclear plant with a $1 billion loan, while TotalEnergies is investing $6 billion in Europe's electric future. Johnson & Johnson and Roche made significant
From Texas oil fields to Indian rice paddies, this week's deals reveal how capital chases the twin imperatives of the energy transition. Power demand surges while the world seeks to decarbonise where possible. Investors wager that profits and climate solutions might yet prove companions rather than adversaries. Meanwhile,
Last week's transactions reveal the contours of American industrial policy in action. The federal government is deploying over $700 million in loans and incentives to establish domestic rare earth magnet production, addressing a critical supply chain vulnerability. Meanwhile, capital continues to consolidate. Oil producers are merging to achieve