December 17, 2021

Global coal use to hit record high despite climate fight

The IEA says total coal demand — including its use in steelmaking and other industrial activities — will grow by 6% in 2021 to 8.11bn tonnes.

December 15, 2021

Ford Foundation commits $3m to back ESG initiatives linked to West Africa’s resource sector

The Extractive Industry and Climate Change Governance Fund comes from the Ford Foundation’s $1 billion social bond, launched in 2020.

December 14, 2021

China coal output hits record in Nov to ensure winter supply

The world's biggest coal consumer produced 370.84 million tonnes of the dirty fossil fuel last month.

December 13, 2021

Decarbonization plays the metals fiddle in 2022

COP26 sets the tone for 2022 as the energy transition opens the door to unprecedented metals demand.

December 13, 2021

Biden halts federal aid to new fossil fuel projects overseas

The policy contains significant exemptions, including for compelling national security concerns, foreign policy considerations or the need to expand energy access in vulnerable areas.

December 7, 2021

AIA sells out of almost $10 billion of coal investments

The insurer completed the entire sale of directly-managed equity and fixed income portfolios in October, seven years ahead of its original target.

December 6, 2021

November rebound in China’s key commodity imports may not last

The energy crunch appears to be largely resolved, and demand for copper has responded in turn, writes Clyde Russell.

December 5, 2021

China will encourage listing of leading futures firms, to issue futures law

China's commodities market had been volatile this year amid the uneven global economic recovery, easing liquidity and speculation.

December 3, 2021

China may raise coal contract prices in 2022 after squeeze

Higher coal prices will likely mean steeper electricity costs for industrial customers.

December 2, 2021

Billionaire Adani’s disputed mine shows ditching coal isn’t easy

The operation is scheduled to ship first cargoes before the end of December and aims to supply an initial 10 million tonnes of thermal coal annually for at least 30…