Teck, Oldendorff to outfit bulk carrier with rotor sails to cut emissions
The Flettner Rotors generate lift from the wind, which is translated into additional thrust, reducing fuel consumption on voyages.
Latest Stories
Panama government orders First Quantum to end copper operations
Cobre Panama has requested government authorization to lay off more than 4,000 of its employees.
Gold price falls to near $2,000 level on strong US jobs data
The latest US labour report showing an accelerated job growth for the month of November and a 3.7% decline in unemployment rate.
Anglo American shares plunge after production cuts
Shares hit their lowest point since March 2020 after the miner unveiled plans to drastically cut the amount of commodities it mines.
Bribery case snares man who held Trafigura’s secrets and purse strings
For years, one of the most powerful people in commodity trading has been a quietly accountant who is barely known outside his own company.
Petra Diamonds says the worst is likely over
Petra's 20% increase in like-for-like prices for its latest tender of financial year 2024 supports its view that diamond prices have bottomed.
Aluminum group calls for EU to go much further on Russian bans
In the first nine months of 2023, the EU imported almost 500,000 metric tons of Russian aluminum worth $1.37 billion.
Unstable electrolytes in lithium metal batteries now a bit more stable
Chinese researchers have developed functional micro-arrays for efficient lithium metal anode interfaces.
Chile aims to be among world’s top three cobalt producers
The copper producing nation holds significant quantities of cobalt in its mining tailings, which could make it a global powerhouse.
