Eskom paid $561 million in penalties on Medupi coal contract
The utility’s previous attempts to renegotiate the deal with Exxaro Resources were rejected by the mining company.
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Steelmaking breakthrough could save money and emissions
Steel production accounts for about 7% of the world’s carbon emissions.
EU metals industry urges aid to rival US green energy package
French President Emmanuel Macron called for an EU package amounting to 2% of its economic output to rival the $370 billion US plan.
Asteroid mining startup AstroForge to launch first space missions this year
The first launch, scheduled for April, will test AstroForge’s technique for refining platinum from a sample of asteroid-like material.
Freeport Indonesia targets 2023 copper ore output at 1.6 billion lb
Gold output, estimated at about 1.8 million ounces, rose about 12.5% compared to 2022.
Albemarle calls for high lithium prices to fuel EV industry growth
"There's significant supply coming on, but the demand growth is more significant," said Eric Norris, head of Albemarle's Energy Storage division.
Coronado Global sees coal prices rising as China resumes imports
The miner said last week it had received enquires for long-term supply as Beijing lifted its ban.
Indonesia’s FDI jumps in 2022, led by mineral processing
Indonesia's foreign direct investment surged 44.2% on a yearly basis in 2022.
Nornickel forecasts output drop in 2023 due to planned maintenance
Nickel and palladium production is expected to fall due to planned refurbishment at Nadezhda metallurgical plant.
