Australia’s second-largest pension fund to divest from thermal coal The $83 billion fund says it will advocate for Australia’s economy to reduce emissions by 45% by 2030. Bloomberg News | July 8, 2020 | 1:24 pm
In copper country, they’re using the metal to fight virus Copper nanoparticles in disinfectants could be used to kill and prevent viruses and bacteria on surfaces. Bloomberg News | July 8, 2020 | 9:44 am
Nornickel rejects $2.1 billion fuel spill charge The company estimated clean-up costs to be $150 million. Bloomberg News | July 8, 2020 | 8:18 am
Hundreds of coal companies got $170 million in US virus aid A total of 449 coal companies received funds through the $669 billion program. Bloomberg News | July 7, 2020 | 10:14 am
Thousands of copper workers have fallen ill in Chile It’s no coincidence that global copper prices and Chilean covid-19 cases are rising together. Bloomberg News | July 7, 2020 | 8:44 am
Electric vehicles are starting to buoy the global metals market The world’s largest producer of lithium is expecting a market turnaround by 2022. Bloomberg News | July 7, 2020 | 8:33 am
Arctic diesel spill caused $2 billion damage, Russia says The vast majority of the damage was to waterways that are linked to the Kara Sea. Bloomberg News | July 6, 2020 | 11:05 am
Chaos in gold markets ripples to other precious metals Silver and platinum futures have traded at elevated levels relative to spot metals since early April. Bloomberg News | July 3, 2020 | 3:43 pm
Commodity freighters are shrugging off covid-19 for now The cost of moving coal and iron ore across the world’s oceans is surging as China lifts cargo purchases. Bloomberg News | July 2, 2020 | 9:20 am
Pandemic helps Russia tighten its grip on palladium Nornickel’s operations have barely missed a beat, while its main rivals in South Africa are struggling to ramp up production. Bloomberg News | July 2, 2020 | 8:21 am
Gold futures fall from eight-year high on factory data, vaccine The metal is still up about 17% this year. Bloomberg News | July 1, 2020 | 1:52 pm
Hydrogen to fuel giant mining trucks in green shift by Anglo The hydrogen truck could cut emissions at Anglo’s mines to zero. Bloomberg News | July 1, 2020 | 8:35 am
