Rio Tinto and Glencore spoke for months about deal that was once taboo
The news of Glencore and Rio’s discussions “has turned up the temperature on an already simmering M&A environment,” RBC Capital Markets analyst says.
One of the articles in IM’s forthcoming September issue looks at fuel cells vehicles for underground mines, and mentions the Fuelcell Propulsion Institute (www.fuelcellpropulsion.org). A government-industry consortium – the Mine Safety and Health Administration, United Mine Workers of America, a fuelcell-vehicle developer, safety consultancy, and a coal company – are developing and will demonstrate a zero-emission, fuelcell-powered coal mine vehicle. The vehicle’s fuel will be derived from coalbed methane from the mine in which it operates. (more…)
