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Latest Stories

End is nigh for old U.S. coal-fired power plants

First there were six. Now there's three more. What's going on in the coal-fired utility business? FirstEnergy of Ohio plans to close by September those 9 units, which supply as much as 13 percent of the company's electricity.

Aluminium losing battle against oversupply

Excess capacity in aluminium smelting will drag on for years to come, even while losses weigh on producers, as political pressures in China and Russia to keep jobs and push self-sufficiency prevent or delay plant closures.