Rising credit risks pose huge challenge for the worst polluters
Companies most susceptible to credit risks are those involved in the coal, chemicals, mining, and oil and gas industries, according to Moody’s.
Latest Stories
Rio Tinto to invest $600m more in renewable energy assets
The investment will be used to construct two 100MW solar power facilities and a 200MWh on-grid battery storage in Pilbara by 2026.
Ex-JPMorgan gold trader faces final trial in spoofing saga
Christopher Jordan’s trial starting Wednesday is part of a long crackdown by the US on market manipulation since the 2008 financial crisis.
Copper price poised for best month since April 2021
Investors bet China may shift away from covid-zero policies, which would boost demand.
Fireweed Metals increases Lundin-backed financing; stock hits 52-week high
The funds will provide capital for what the company is calling the "most significant" exploration program ever initiated on its projects in northern Canada.
Lula wants new Brazil police unit to tackle environmental crimes
The proposed new Federal Police unit would take a broad view of crimes in the Amazon, where deforestation, illegal mining, and drug trafficking are often interlinked.
Barclays coal plan exposes reach of Biden’s Inflation Reduction Act
The bank now expects to phase out its financing of thermal coal power in the US five years earlier than planned.
WTO backs EU in nickel dispute; Indonesia plans appeal
The EU launched its initial complaint in November 2019 against the export restrictions on raw materials.
Rio Tinto 2023 iron ore shipments seen in line with 2022 view
Iron ore prices have rebounded to just below $100 a tonne since hitting a three-year low in October.
