Energy traders, flush with cash, are moving into crops and metals
After making more money than ever in the last few years, some of the world’s top energy traders are using the cash to expand in metals and agriculture.
Silver Mines’s Bowdens project in New South Wales is set to start operations in 2023 and will have an initial output target of 6 million ounces a year.
Delays are especially pronounced for getting the country's environment ministry Semarnat to approve environmental impact statements for mining projects.
With FLSmidth's acquisition of German engineering firm Thyssenkrupp’s mining business, a combination was born that will create a global mining technology provider.
Using research from the U.S. Department of Energy, this graphic puts in perspective the efficiency of a single uranium pellet in comparison to fossil fuels.