Glencore paid $5.8bn to governments in 2020
Payments to governments in 2020 were lower due to pandemic disruption.
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Metso Outotec and Halmek Lithium to construct the battery-grade lithium hydroxide process using soda leaching
The environmentally sound production process is one of Metso Outotec’s more than 100 Planet Positive products.
Steel sector may be saddled with up to $70bn in stranded assets – report
Blast furnaces using coal could become unnecessary or inoperable, resulting in "stranded assets" worth $47 billion to $70 billion, the Global Energy Monitor said.
Eskom needs $10bn to repurpose most coal plants by 2050
The utility is in talks with development finance institutions to raise the money.
Dalian iron ore price set for seventh straight quarterly gain
China is pausing industrial activity to clear air pollution ahead of the Chinese Communist Party’s 100th anniversary celebration later this week.
US EPA weighs Taseko copper mining process akin to fracking
The Canadian firm wants to use a process that involves injecting sulfuric acid and water deep underground to break up a mineral deposit.
Orla Mining shares surge on $35 million financing
An unnamed institutional investor participated in the financing, becoming the company's latest accredited shareholder.
Copper price set for smallest quarterly gain since March 2020
China curbs and expectations of sooner-than-anticipated policy tightening in the United States have pressured prices.
More than 100 coal mines in China halt operations for centennial
In Shanxi, the country’s biggest coal producing province, 128 of the fossil fuel mines accounting for nearly a quarter of the region’s capacity have suspended operation.
