China confronts the cost of dismantling the world’s biggest coal sector
Coal has been closely tied to the Communist Party’s history and to its efforts to transform China’s economy over the past decades.
Freeport asked to up Indonesian royalties to 10%
Indonesia, one of the world’s largest exporters of copper and coal, has asked mining companies including the local divisions of Freeport-McMoRan Copper & Gold (NYSE:FCX) and Vale SA (NYSE:VALE) to increase their royalties to 10%. According to Bloomberg, the measure...
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