Top court kills Colombian royalty measure worth $780 millionThe fiscal reform approved last year prevented oil and coal producers from deducting royalty payments from their corporate tax liability.Bloomberg News | November 16, 2023 | 4:46 pm
Top companies’ lobbying undermines their climate pledges, study findsA study of 293 companies found that nearly 60% of…Reuters | November 16, 2023 | 9:25 am
Death toll in China coal firm office rises to 26; at least 38 injuredPresident Xi Jinping urged the authorities to ensure more safety…Reuters | November 16, 2023 | 7:01 am
Technology to extract REE from acid mine drainage gets $8m from US government West Virginia University received a grant from the US Department of Energy to develop a pre-commercial demonstration facility for separating and refining rare earth elements from acid mine drainage and coal waste. Staff Writer | April 6, 2023 | 5:11 am
Australia is quitting coal in record time thanks to Tesla The original Tesla battery, owned and operated by France-based renewables group Neoen SA, is now a cornerstone of South Australia’s grid. Bloomberg News | April 5, 2023 | 1:58 pm
Teck opted for coal split after mulling stake sale, partnerships Canada’s largest diversified miner spent four years mulling options for its steelmaking coal business before deciding to spin it off. Bloomberg News | April 5, 2023 | 4:00 am
Glencore has three weeks to keep $23 billion Teck bid alive Glencore, which is working with Citigroup, has indicated its deal would be dead if Teck investors approve the split later this month. Bloomberg News | April 4, 2023 | 2:37 pm
Column: Australia sees rising exports of new energy metals, but also more coal Overall, the Australian government is painting a strong outlook for commodity export volumes, but a soft outcome for prices. Reuters | April 4, 2023 | 6:38 am
Teck said to be open to offers once coal spinoff is complete Canada’s largest diversified miner has rejected an unsolicited acquisition proposal from Glencore Plc. Bloomberg News | April 4, 2023 | 6:14 am
Biden offers $450m for clean energy projects at coal mines It will also provide $16 million to two universities to complete studies for extracting rare earths and other critical minerals from coal ash. Cecilia Jamasmie | April 4, 2023 | 3:48 am
Glencore’s bid for Teck shows it’s willing to abandon coal The Teck proposal “shows that Glencore do see merit in spinning off coal, which they’ve never said before,” a portfolio manager said. Bloomberg News | April 3, 2023 | 2:07 pm
Teck rejects unsolicited $23bn takeover bid from Glencore Teck Resources is instead urging shareholders to approve an already announced separation of Teck Metals and Elk Valley Resources. Cecilia Jamasmie | April 3, 2023 | 4:03 am