World’s top miner BHP quits global coal group over climate stance
The miner is withdrawing from the World Coal Association over a clash of views on how to fight climate change, with BHP saying it’ll reap little benefit from staying on as a member.
Analysts estimate that the path to net zero may require digging up 5.2 billion metric tons of metals through 2050, which may be worth as much as $10 trillion.
Indian businessman Prateek Gupta and his companies, against whom Trafigura secured a $625 million freezing order this week, have a checkered history in the trading world.