The world has about 139 years of coal left at current consumption levels and excluding unproven reserves.

The bank lifted its 2022 forecast to $120 a tonne from $85.

Coal production over the first eight months of 2021 was 2.6 billion tonnes, up 4.4% on year.

Exiting coal could free up resources for Teck to accelerate its plans in commodities like copper.

The company says it’s working with industry giants including Japan’s JFE Steel and China’s HBIS Group on ways to reduce manufacturers’ carbon footprint.

The Clean Electricity Performance Program proposed by House Democrats authorizes $150 billion in incentives for utilities that deliver at least 4% more clean energy to customers.

Global mined zinc production will grow at the fastest pace since 2012 in 2021.