Trillions needed to achieve net-zero by 2050 — Wood Mackenzie
The report shows the world needs to invest $78 trillion in the next 25 years to achieve net zero and a 1.5C warming scenario.
Latest Stories
CHART: Copper price is being held hostage by Beijing
New report foresees a possible step change at meeting of China’s highest lawmaking body next week, with a decline of $1,000/t a distinct possibility.
AngloGold to close $2.5 billion Centamin buy in November
With Centamin shareholders backing the deal this week, the only hurdle is the approval of the Jersey Court on November 20.
China’s cobalt king hits output goal months ahead of schedule
The world’s No. 1 cobalt miner smashed through its full-year output target last quarter after a speedy ramp-up.
Australian rare earths developer ASM eyes US defence funding
ASM has been building funds to develop its $1.1 billion Dubbo rare earths project in New South Wales.
Australia risks losing its iron ore dominance, Fortescue CEO says
Australia is the world's biggest supplier of seaborne iron ore, accounting for around half of global supply.
Heliostar expands high-grade gold at Ana Paula, uncovering a new zone
Heliostar has drilled 1,995 metres of its planned first-phase 2,600 metres, with a second program set to follow early next year.
US Energy Dept finalizes $2.26bn loan for Lithium Americas’ Nevada mine
The loan, provisionally approved in March, is a key part of President Joe Biden's efforts to reduce dependence on lithium supplies from China.
Cadia becomes first Newmont mine to receive Copper Mark credential
With this, about 35% of Australia’s copper is produced at sites that have obtained The Copper Mark.
