July 27, 2023

Coal plant moratorium pushed by UK, Canada in letter to G20

China is working to add almost 100 gigawatts of new capacity powered by the polluting fuel.

July 27, 2023

Anglo and Teck underline mining retreat as China dampens profits

Anglo reported a more than 40% fall in underlying earnings to $5.1bn, while Teck posted an even sharper drop in Q2 profit of over 50% to C$1.48 billion ($1.1bn).

July 26, 2023

Eramet says it secured $400 million lithium deal with Glencore

Eramet said last month that Glencore was among parties to have expressed interest in helping finance its lithium production in Argentina.

July 26, 2023

Polyus closes books on $6.4bn share buyback early

A Polyus representative said a large shareholder had submitted a bid to sell part of its stake and that a large number of retail investors had participated.

July 26, 2023

Rio Tinto to miss 2025 emissions cuts targets

The world’s second largest miner won’t be able to achieve a targeted 15% carbon emissions reduction by 2025, unless it uses carbon offsets.

July 24, 2023

Bluejay Mining goes solo at Finland project as JV with Rio Tinto ends

Along with the 100% project ownership of the Enonkoski nickel-copper-cobalt project, it will retain all drilling results.

July 24, 2023

Non-Western supplies start replacing Nornickel’s old mining equipment

For 2023, the company is on track to reach its 2023 production forecast.

July 23, 2023

France’s EDF sees progressive recovery in nuclear production

Electricite de France expects 300 to 330 terawatt hours of nuclear output this year and 315 to 345 TWh in 2024.

July 23, 2023

World’s biggest wind power projects are in crisis just as they are needed most

Offshore wind projects are facing an economic crisis that erased billions of US dollars in planned spending this week.

July 23, 2023

Hoarding: European warehouses storing €7 billion worth of solar panels – report

Chinese-manufactured solar photovoltaic panels are piling up in European warehouses, with approximately 40 gigawatts-direct current of capacity in storage.