Don’t let China control clean energy supply chain, US officials warn
Washington’s message at the CERAWeek energy conference in Houston reflects growing concern that the rapid investment it is encouraging to fight climate change could backfire.
The nation’s top economic planner told officials from major mining regions that it wants to boost domestic production capacity by about 300 million tonnes.
Peabody’s margin call is one of the flashiest examples of how the volatility sweeping commodity markets will slam companies that are holding wrong-way bets.
Rosatom is a delicate target because the company and its subsidiaries account for about 35% of global uranium enrichment and has agreements to ship the nuclear fuel to countries across Europe.
Prices of palladium, coal and other commodities have skyrocketed since Russia's Feb. 24 invasion of Ukraine, while sanctions on Moscow drive Western consumers to replace Russian supply.