EU risks slow demise of aluminum industry if carbon tax not scrapped, Constellium CEO says
The upcoming tax - coupled with concerns over supply - has pushed up European premiums for physical metal to a 10-month high.
Glencore’s Optimum coal now in hands of S. African’s President family
Oakbay Investments, the firm controlled by the Gupta family and South African President Jacob Zuma’s son, completed Thursday the $145 million acquisition of Glencore’s (LON:GLEN) Optimum Coal unit. Last year, Glencore put the mine — which is the African nation’s third-largest opencast operation —...
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