China’s coal consumption grew by 4.6% in 2022 to a new all-time high of 4.5 billion metric tons, dragging with it global coal demand offsetting declines in Europe and North America, a new report by an energy watchdog said. The coal market globally rose by 3.3%...
In a bold move to diversify its operations and integrate further into the value chain, Coal India Limited (CIL) is targeting the acquisition of lithium, cobalt, and nickel assets abroad. The company has recently amended its Memorandum of Association (MoA) to include...
Rio Tinto will commit $150 million in order to create the Centre for Future Materials in London. Lead by Imperial College London, the centre aims to find ways to provide the critical minerals the world needs for the energy transition. The partnership will see Rio and...
Fortescue’s subsidiary Fortescue Energy has appointed Deborah Caudle as its chief financial officer (CFO). Caudle is an experienced finance executive who will be part of Fortescue’s leadership team working to transition the company into a global green metals and...
Australia is globally renowned for its robust mining sector. Rich in mineral resources, the country’s mining industry has been a significant contributor to its economic prosperity. To better understand the dynamics of this industry, we look to Sophia Vardis, the...
$2.6-billion deal announced last week has set the stage for a potentially landmark shift in the metal and mining investment landscape: the arrival of Saudi Arabia as a pivotal player. The agreement with Vale gives the kingdom a 10% slice in one of the...
