Third mine disaster in a decade tests ESG boundaries in Brazil

Steel overproduction in China represents a potential catalyst for shares, JPMorgan said.

Guy Debelle resigned from the board of Fortescue’s green energy, continuing the run of abrupt departures by executives at the miner.

Earlier in the week, metals division's CEO Fiona Hick announced departure, and on Thursday the division's finance chief Christine Morris stepped down.

Vedanta's oil business, Cairn India, also successfully lobbied to have public hearings scrapped, an OCCRP report says.

Separately, Glencore has launched a secret deal to acquire all the debt in Alita.

Construction outlays at the site 180 km north of Regina are planned to rise to $1 billion from $647 million.

This includes an investment of $1.8 billion in the Justa mine.

The product will help steelmakers cut their carbon emissions up to 10%.

Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers.