EU minerals policy a work in progress, says Sibanye boss
SIBANYE-Stillwater said the European Union was receptive to its proposals on a critical minerals policy but it would take time before the bloc imposed regulations on price…
G7 resolves to fight China metals dominance
GROUP of Seven leaders have agreed to deepen co-ordination to reduce their dependence on China for critical minerals, with plans to align stockpiling strategies and launch a new…
Lithium demand forecasts too conservative
EVEN the most optimistic forecasts for lithium demand underestimate the metal’s future, said the Financial Times in a report this week citing the views of Tianqi Lithium CEO,…
Iran warns of $200 oil as attacks on Gulf shipping mount
IRAN’S military warned oil could reach $200 a barrel as fighting between the country and US-Israeli forces intensified, said Reuters on Wednesday. This comes as three more…
Investors propose international agency to monitor mining
A COALITION of investors managing $18 trillion in assets has called for the establishment of an independent International Minerals Agency modelled on the International Energy…
Coal industry “still evolving”, says Menar’s Bayoglu
COAL’S importance to baseload power generation and advances in technology that have helped reduce the fuel’s carbon footprint were being understated by its opponents, said Vuslat…
Why Future Coal thinks it can win back the banks
COAL is enjoying a resurgence in reputation. Last month the 300-year-old Lloyd’s of London abandoned one of its climate commitments by allowing its insurers to go back to the…
Global shocks have debunked the peak coal myth
THE world burns nearly double the amount of coal today compared to 2000, and four times the amount consumed in 1950. Every minute, 16,700 tons of coal are excavated globally –…
Are banks becoming coal-curious? Mike Teke thinks so
ONE sign coal’s reputation is being gradually rehabiliated is that banks and insurers are becoming interested in the the mineral again. “I think people are reviewing their…
Global coal output set for record year: IEA
WORLD coal production is expected to reach an unprecedented 9.2 billion tons in 2025 as fossil fuel demand maintains record levels despite environmental commitments. This is…
Thungela, the coal mining success no-one expected
STRICTLY speaking, Thungela Resources CEO July Ndlovu is retiring a year earlier than at the firm’s mandatory age of 60. In a twist of fate his papers were destroyed during…
Copper smelters face record losses amid oversupply
COPPER smelters are paying unprecedented sums to process raw materials as China’s aggressive expansion of processing facilities creates a global market imbalance that threatens…
Critical minerals face disruption due to concentration, IEA warns
CRITICAL mineral markets face disruption risks due to increasing concentration, particularly in refining and processing sectors, said Reuters citing the International Energy…
Glencore cuts Cerrejon coal in effort to bolster prices
GLENCORE said on Tuesday it would cut production from its Cerrejon coal mine in an effort to arrest a decline in the fuel’s price. The group will produce between five to 10…
For better or worse, coal is here to stay as Asia lifts market share
THE thermal coal market has moved on since the energy security crisis sparked by Russia’s invasion of Ukraine. According to analysts, the outlook for thermal coal and the…
Big league investors back new approach to mining
A REPORT by some of the world’s largest investors have urged a more hands-on approach to investing in mining companies by pushing for better environmental practices and…
Why Glencore could change its mind on coal demerger
FOR confirmation thermal coal is back on the investment radar, look no further than a letter written to Glencore by Sydney-based Tribeca Investment Partners in March, asking…
Thermal coal will make investors money for years to come
THE dirty commodity might be unpopular with some, but thermal coal is proving to be good business. Demand for the fuel was stoked to a record high of more than 8.5 billion tons…
Mixed tidings for SA as electric vehicles rev up performance
ONE in five cars to hit the road this year will be electric. That’s one million new cars a month, which will take the adoption rate of the technology to about 30% in China and…
A counter-consensus argument for PGM prices is beginning to emerge
IT’S been a horrible year for platinum group metals (PGM). Platinum and palladium prices, which comprise 70% to 80% of total South African production, are down 9% and 48% over…