Six European Union countries want the 27-nation EU to discuss in September a mechanism to tax windfall profits of oil companies triggered by Iran’s blockade of the Strait of Hormuz, a letter by their finance ministers showed on Monday. In a letter to Ireland,...
US refiners are being pushed into one of the most intense operational periods in modern history, with utilisation rates hovering above 95% for eleven straight weeks — a stretch unmatched in more than a quarter of a century. As Reuters’ analysis argues, this is not...
Alcoa Corporation, listed on both the ASX and the NYSE, has begun construction of its new gallium production plant in Western Australia, an event marked by the presence of senior government figures including Australian Minister for Industry and Innovation Tim Ayres,...
Colombian coal industry association Fenalcarbonsaid on Wednesday the country’s annual production could return to 90-million tons by 2030 if certain steps are taken, up from the group’s 2026 production forecast of 53-million metric tons. The group said the...
The world’s largest coal producer, Coal India, is setting up its first overseas trading office in Singapore, aiming to diversify into trading iron-ore and critical and strategic minerals, two sources said. The move comes as Indian State-run companies step up...
