Germany is expected to import 45 million tonnes of hard coal this year, up roughly 1.4 percent from 2018 despite mounting competition from renewable energy.
Germany Mining News
The Chancellor will use a Tuesday dinner meeting in Berlin to press a panel plotting an exit from the world’s most widely used power-plant fuel.
Prior to this discovery, it was thought that mainly men were allowed to use the blue stone.
The Germany-based fertilizer producer raised production outlook as weather-related production stoppages at one of its plant will be shorter than previously thought.
The company plans to move forward with the plan only once the feasibility study at its Zinnwald project is completed, in the second quarter of next year.
The partners expect to produce up to 40,000 tonnes of lithium hydroxide per year beginning in 2022.
The 150-year-old Prosper-Haniel site — shuts in December.
"This constitutes a first step towards the production of novel electrodes for highly efficient solar cells and lights.”
German automaker is also considering involvement in battery production.
The Germany-based fertilizer producer now forecasts earnings before interest, taxes, depreciation and amortisation (EBITDA) between 570 and 630 million euros, compared with previous forecast of 660 to 740 million euros.
Emden, Hanover and Zwickau will form the largest network for the production of electric vehicles in Europe.
Germany has earmarked 1 billion euros ($1.2 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries.
The move is part of BASF plans to invest up to 400 million euros ($462 million) as a first step in building production plants for cathode materials in Europe.
Global demand for aluminium expected to increase in 2019.
Coal currently feeds about 27% of the world’s energy demand.
Transportation of considerable amounts of waste water to offsite storage basins will likely cause extra costs over the next few months.
Chancellor Angela Merkel’s plan to close Germany’s remaining coal-fired power stations will drive up subsidies for regions that mine the commodity.
Chancellor Angela Merkel’s plan to phase out coal-fired power plants in Germany should stop short of “prematurely” closing brown coal facilities.
Hattorf is the second site the company has had to shut down in the last two weeks due to a severe drought affecting the country, especially in the northern and eastern parts.
In Benin, six tonnes of organic waste are turned into biogas every week.
Germany’s states are upping pressure on Chancellor Angela Merkel to keep coal-fired power for as long as 30 years as the nation approaches a deadline for setting an exit date from the fossil fuel.
The head of the Thyssenkrupp foundation ruled out a break-up of the German steel-to-submarines conglomerate.
BMW already signed up as the factory's main client.
A final deal has been signed for the sale of German copper products company Mansfelder Kupfer und Messing (MKM) for 80 million euros ($94 million).
London-based sales and marketing staff to relocate to Frankfurt beginning September.