October 28, 2022

South Africa, Indonesia get $1 billion to close coal plants

The allocation of $500 million each to the coal-dependent countries will come in the form of “concessional,” or low cost, finance, the World Bank-affiliated fund said in a statement.

October 28, 2022

Glencore cuts zinc output guidance after production drops 18% in nine months

The forecast comes as the Ukraine war, strikes and floods hit production of five commodities mined by the company.

October 27, 2022

Deal with Chinese supplier key for Transnet to haul more coal

Transnet has come under fire from exporters of bulk commodities because it can’t supply them with adequate rail capacity at a time when demand is booming.

October 26, 2022

Thailand to rely on coal for power longer amid record gas prices

The country has intensified its search for alternative energy sources, ranging from coal to renewables, to cut LNG imports.

October 25, 2022

Europe crisis spurs Botswana $2.5 billion coal-to-liquid revival

Botswana is seeking to secure funding partners for a $2.5 billion plant to produce synthetic fuels from coal.

October 25, 2022

Column: China may solve the LME’s Russian copper problem. But at a price

India also boosting its imports of Russian crude and coal, with both Asian giants taking advantage of the discounts on offer.

October 25, 2022

Australia flags risks to commodities price projections from Ukraine, China

Treasurer Jim Chalmers said the boost to revenues from higher employment and commodity prices was likely to be "temporary".

October 25, 2022

Russia ships record volumes of gas and steelmaking coal to China

Coking coal imports from Russia jumped to 2.5 million tons in September, from about 900,000 tons in the same month last year.

October 24, 2022

BHP’s Queensland coal miners union demands better work conditions

The union said 90% of voters supported stoppages of one to six hours, while 94% voted for bans on non-rostered overtime, among other actions.

October 24, 2022

China’s Sept coal output jumps 12.3% on year, hits record daily levels

The average daily output was equivalent to 13 million tonnes, according to data from the National Bureau of Statistics.