Eskom seeks partners for $71 billion energy transition plan The state-owned power utility is saddled with 396 billion rand of debt. Bloomberg News | July 27, 2022 | 11:26 am
Tussle over new UK mine embodies fight over coal-related emissions Campaigners and policymakers for years have opposed the proposal to build the mine in the Cumbrian region of northwest England. Bloomberg News | July 27, 2022 | 10:05 am
Rio Tinto says Simandou deal close after wrangles over railway Rio Tinto said it’s close to a breakthrough in a landmark deal to unlock the world’s biggest untapped iron ore mine. Bloomberg News | July 27, 2022 | 9:51 am
Gold trading kicks off on Nigerian exchange ahead of launch For the first time the metal will be offered on a bourse in the West African nation. Bloomberg News | July 27, 2022 | 8:34 am
Elon Musk crafts new master plan before Tesla pulls off the old one Before readers of Musk’s next plan get their hopes up about all he intends to achieve, this track record suggests cautious optimism is warranted. Bloomberg News | July 27, 2022 | 8:30 am
China’s hunger for commodities is wavering after years of growth China’s imports of key commodities face some mighty headwinds in the second half. Bloomberg News | July 27, 2022 | 8:22 am
Glencore strikes one of Japan’s most expensive ever coal deals Nippon Steel agreed on an annual supply deal through March with Glencore for power plant coal at $375/t. Bloomberg News | July 27, 2022 | 8:09 am
Brazil central bank recruited to save Amazon from illegal mining Central bank chief Roberto Campos Neto has pledged to look into ways to improve supervision of bank-authorized buyers. Bloomberg News | July 26, 2022 | 4:07 pm
Botswana president sees progress on diamond pact with De Beers Botswana and De Beers are working out the “finer” details of a new diamond sales pact. Bloomberg News | July 26, 2022 | 2:16 pm
Race to secure battery metals heats up as GM, Ford ink deals General Motors announced three deals Tuesday for supplies of raw materials needed for its EV fleet. Bloomberg News | July 26, 2022 | 12:07 pm
China’s top coal miner boosts first-half investment, production China Energy Investment boosted coal production by 6.2% to 300 million tonnes. Bloomberg News | July 26, 2022 | 10:42 am
Goldman warns China’s property crisis will sink iron ore price Goldman cut its three and six-month price targets to $70 and $85 a tonne, respectively, from $90 and $110 a tonne. Bloomberg News | July 26, 2022 | 7:56 am