Several of Glencore’s largest shareholders believe that the company should retain its coal assets, according to people familiar with the matter, throwing a proposed spinoff into doubt. Glencore, the world’s largest shipper of thermal coal with a market...
Group of Seven nations have agreed to target the first half of 2030s to phase out coal, according to the UK’s energy and nuclear minister, a key milestone for some of the world’s most industrialised economies seeking to switch to more sustainable fuels. “To have the...
Fortescue and global investor Actis have been awarded the exclusive rights to develop, build, own and operate a large green hydrogen project in Oman via a consortium. The hydrogen project is currently in the feasibility stage and is expected to involve construction of...
Tietto Minerals has recommended shareholders accept an unsolicited takeover bid ASX-listed Chinese gold mining major Zhaojin launched earlier this month. Australian-based Tietto, of which Zhaojin is a key shareholder, previously urged its shareholders to...
Copper producer Codelco saw a decline in quarterly output due to lower quality ore at its aging Chilean mines — the latest sign of supply-side struggles that have helped send metal prices to two-year highs. The State-owned company’s wholly-owned mines produced 295 000...
