August 5, 2022

Nutrien says potash will remain tight even as Russia ships more

Nutrien has said it will ramp up potash production capability to 18 million tons by 2025, a 40% increase compared to 2020.

August 5, 2022

EV sales expected to surpass 2021’s figures despite supply chain disruptions – report

IDTechEx expects the electric car market to surpass 2021 sales of ~6.4 million, as sales for the first half of the year have already reached 3.5 million.

August 4, 2022

Low Rhine water level to hit output at two German coal plants

Germany last month agreed to reactivate its coal-fired power plants or extend their lifespans in response to its worst energy crisis in generations.

August 4, 2022

Zinc price highest since March as energy crunch threatens smelters

Glencore warned that Europe’s energy crisis poses a substantial threat to supply.

August 4, 2022

Russia becomes India’s third-largest coal supplier

Steep discounts offered by Russian suppliers to Indian consumers have incentivized higher buying of thermal coal.

August 4, 2022

Petropavlovsk to sell Russian assets for $600m to UMMC

Petropavlovsk went into administration in July after sanctions on Gazprombank, its main lender and the sole buyer of its gold, left it unable to repay loans.

August 4, 2022

Condor Gold shares jump on La India test results

Final tests results indicate a metallurgical recovery of 91% over the life of the open pit gold mine in Nicaragua.

August 4, 2022

New ways to deal with arsenic in Chile’s copper mines

Chile is encountering a growing number of sulfur-based ore layers containing toxic arsenic in its copper mines.

August 4, 2022

Glencore profit more than doubles thanks to soaring coal price

The firm’s coal division generated earnings of $8.9 billion in the first six months of the year as prices for the fossil fuel have soared.

August 3, 2022

Ferrexpo’s half-year profit tumbles on higher costs

The Ukraine-focussed miner saw a hit from higher costs and lower production volumes as it grappled with inflationary woes and energy prices.