August 6, 2021

US push for green energy could strand $68 billion in coal, gas assets – report

President Joe Biden announced plans to call for half of all vehicles sold in the US to be capable of emissions-free driving by the end of the decade.

August 5, 2021

China will restart coal mines in northern provinces as power demand surges

Operations will restart for a year at 15 coal mines across northern provinces.

August 5, 2021

Glencore to return $2.8bn to shareholders in 2021

It joins rivals Rio Tinto and Anglo American in declaring bonanza payouts after record half-year profits boosted by commodities rally.

August 4, 2021

China grants one-year trial extensions at 15 coal mines to boost output

The notice also requires local government departments to guide and support companies in order to speed up applications for coal mining licences.

August 3, 2021

BlackRock joins Citi to study plan to shut coal plants early

The proposals involve buying coal plants in developing economies in Asia and operating them for as long as 15 years before closing the sites ahead of current schedules.

July 30, 2021

IEA’s roadmap shows difficult journey to net zero: Kemp

In the short term, emissions are on a rising trend, notwithstanding a temporary decline during the covid-19 pandemic, putting the world a long way off track to reach zero emissions…

July 30, 2021

Glencore ups expectations for FY trading, lowers nickel, coal

Coal production fell 16% to 48.7 million tonnes in the first half, partly because of market-related cuts in Australia.

July 29, 2021

Anglo American half-year profit best in its 104-year history

The diversified miner reported pre-tax profits of $10.1 billion for the six months to June, more than double what it made in 2020 as a whole.

July 29, 2021

Low-carbon power for steel, aluminum industries key for global decarbonization goals — report

According to Wood Mackenzie, ramping up battery metals production is also important to limit the average global warming to two degrees above pre-industrial levels by 2040.

July 28, 2021

BlackRock support sought in bid to end 5-month coal mine strike

About 120 miners and supporters descended on BlackRock’s offices in midtown Manhattan.