Chile’s constitution drafters want to annul mining concessions on indigenous lands
Proposal to suspend Chilean mining and forestry concessions that infringe on indigenous land was approved.
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Epiroc’s Q4 profit rises in line with expectations
Company expects demand, both for equipment and aftermarket, to remain high in the near term.
Harmony Gold cuts output forecast
The company estimated its South African operations would meet their output and cost of production guidance, however.
Fresnillo cuts production targets on Omicron labour shortage
The miner said labour absences fuelled by the latest covid-19 variant would have a greater impact on production than anticipated.
Japanese researchers develop high energy density lithium-air battery
Scientists believe the devices have the potential to be the ultimate rechargeable batteries, with theoretical energy densities several times that of currently available lithium-ion batteries.
Rising copper prices boost Freeport-McMoRan profit
Prices of copper, considered to be an economic bellwether, rose by a quarter last year and are expected to continue their positive momentum in 2022 due to the metal's central role in the energy transition.
Glencore, Managem to produce cobalt from recycled batteries
The companies have partnered up to extract cobalt, lithium carbonate and nickel hydroxide from recycled battery materials.
Europe forced to rely on expensive, dirty coal to keep lights on
The fossil fuel plays a vital role in helping to keep the lights on in Europe this winter even as prices are jumping and lawmakers are doing their best to kill off one of the dirtiest power-plant fuels.
Top coal funder Korea draws critique for slow phase-out plans
Financial institutions in South Korea have failed to keep up with their global peers in setting policies to exit the dirtiest fossil fuel, an activist group said.