Indonesia state utility secures 7.5m tonnes coal supply ahead of export ban review
Perusahaan Listrik Negara said it aims to continue to raise supply to maintain a minimum 20-day stock.
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Ecuador court revokes Cornerstone Capital’s exploration permit
The country's Constitutional Court upheld a lower court ruling cancelling the environmental permit for the Rio Magdalena project, which covers most of the Los Cedros natural reserve.
Copper price down, pressured by stronger dollar
“China has been a primary source of demand for base metals since 2003, but we think this trend has started to come to an end,” economist says.
Tesla criticized for opening showroom in China’s Xinjiang region
UN experts and rights groups estimate more than a million people have been detained in camps in the far-western Chinese region.
Vulcan gets five more exploration licences in Germany
The licences in the Upper Rhine Valley cover 325 sqkm and increase Vulcan's granted licence area to more than 1,000 sqkm.
China coal futures surge on supply worries amid Indonesia export ban
The most-active thermal coal futures contract on the Zhengzhou Commodity Exchange opened up 7.3% higher.
Private equity lines up for coal ‘bonanza’ left by public miners
Private equity firms are lining up to take on the dirty -- and highly profitable -- assets being divested by publicly traded commodity producers as the world grapples to decarbonize.
EV battery costs set to rise in 2022 as lithium price extends gains
Prices for battery-grade lithium carbonate in China jumped this year to a record high.
Gold price extends loss with bond yields, equities rallying
UBS analyst Giovanni Staunovo said rising US interest rates and declining inflation over the course of 2022 could weigh on gold.
