Moody’s flags significant ESG risks to mining with new ratings
The ratings agency has released new ESG issuer profile and credit impact scores for the global metals and mining sector.
Latest Stories
London Metal Exchange to decide fate of iconic open-outcry “ring”
The floor was closed in March 2020 for the first time since World War II to allow for the social distancing needed to deal with covid-19.
Indonesian coal exports seen down 10% by 2025 – CRU
Shipments from the world's biggest thermal coal exporter are expected to fall by 40 million tonnes or around 10% by 2025.
Global mining trade group’s members report 44 deaths in 2020
South Africa had the highest number of fatalities last year, accounting for 50% of the deaths.
Tsingshan to ramp up aluminum production in Indonesia in 2023 – CRU
The company is planning to build a 1 million tonnes per year aluminum smelter with Huafon Group at its industrial park on the Indonesian island of Sulawesi.
Ganfeng to build new 50,000 tonnes-per-year lithium plant
Ganfeng will set up a joint venture company in the city of Fengcheng for its latest plant, which will convert spodumene into lithium battery materials.
Miners should target smaller deposits for clean energy era, says PwC
Battery minerals represented less than 3% of the top 40 miners' total revenue in 2020.
Lucara digs up 470-carat diamond at Karowe
The top light brown "cleavage" diamond measures 49x42x26mm and is Lucara’s third diamond over 300 carats found this year.
Biden administration sets up ‘strike force’ to go after China on trade
The United States plans to combat unfair trade practices that have contributed to a "hollowing out" of supply chains.
