Don’t expect US miners to replace Russian coal in Europe
In the US, the number of producing coal mines slumped more than 60% from 2008 through 2020.
Latest Stories
Vulcan Energy inks 20-year geothermal energy supply deal with Germany’s MVV
Vulcan Energy will provide up to 350 gigawatt hours of energy per year - enough to supply around 25,000 households.
JPMorgan reviewing commodity exposure after nickel chaos
Bloomberg sources say it’s possible that it could result in JPMorgan scaling back activity in commodities.
Sigma Lithium to start civil works at vast Brazilian project
Grota do Cirilo is the largest hard rock lithium project in the Americas, slated to produce 440,000 tonnes of concentrate per year by end of 2023.
IGO says Western Areas may nix $829 million buyout
IGO says its takeover of nickel producer Western Areas might fall through after an independent expert concluded the offer was "neither fair nor reasonable".
Zimbabwe mines see $10 billion funding shortfall over five years
While Zimbabwe has the world’s third-biggest reserves of platinum-group metals, plus gold, diamond and chrome mines, development has been stymied by political instability.
Zinc smelters win big fee increase as cutbacks throttle output
Record zinc prices have encouraged mining companies to boost output.
China Minmetals, Zijin, BHP complete copper concentrate trade on MineHub platform
It marks the first time MineHub's blockchain-based platform was used for a transaction between two Chinese companies, for a cargo originating from a global mining company.
EU to propose banning coal imports from Russia after atrocities
The European Commission is also expected to propose banning most Russian trucks and ships from entering the bloc.
