China’s Fosun to raise $561m from mining sale stake as part of asset selldown
Fosun had owned about 22.85% of Zhaojin Mining's shares and will retain a 2.85% stake in the Hong Kong listed company.
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Methane cloud spotted by satellite near India waste site
Methane is routinely generated as a byproduct of oil and coal production.
China opposes Canada’s order on lithium mining investments
China's commerce ministry urged Canada to stop politicizing economic and trade issues.
Battery metals deployment rises as EV sales continue to climb
Rising sale numbers in battery materials supply chains are the consequence of global passenger EV registrations rising by 42% in 2022 H1 compared to the same period the year prior.
Aluminum-based material can scrub CO2 from coal-fired power plants’ exhaust
Aluminum formate has proven effective in separating carbon dioxide from the other gases that commonly fly out of the smokestacks of coal-fired power plants.
Peruvian Ministry of Environment rejects law that exonerates bankrupt miners from environmental assessments
The bill establishes special measures for companies undergoing asset restructuring. The measures are framed within the General Law of the Bankruptcy System.
White House defends Biden end-of-coal remark Manchin derided
Biden’s comments “have been twisted to suggest a meaning that was not intended,” the White House said.
Two South Korean miners rescued from collapsed mine after nine days
Local fire authorities said the two miners walked out of the underground mine that had collapsed after a landslide on Oct. 26.
Buying conflict-free tin and coltan out of Congo just got harder
The Responsible Minerals Initiative said this week that its auditing process won’t recognize the findings of the International Tin Supply Chain Initiative without companies doing extra due diligence on the source of their minerals.
