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Why Power Companies Can’t Ditch Coal Just Yet

We’ve always had difficulty understanding why US electric companies have not simply closed down old, smaller and least efficient coal-fired power plants quickly. From a simple bargaining perspective we thought the US utility industry would have jumped at the chance....

Commodity freighters are shrugging off Covid-19

The cost of moving commodities like coal and iron-ore across the world’s oceans is surging as China lifts cargo purchases. Whether the rally will withstand the economic aftershocks of the coronavirus is a thornier question. Rates for giant capesize ships climbed to...

Metso Outotec merger sets up future expansion

Image: Metso Australia. Metso has officially merged its minerals business with Outotec to form a new company with aims to become an industry leader across the minerals, aggregates, metals refining and recycling industries. The newly-formed Metso Outotec will fuse and...