RWE has one of the largest renewable-energy portfolios among European utilities, but it still generates about a quarter of its power from lignite plants.
At the same time, Newmont will transfer its 47% interest in the La Zanja JV with Buenaventura to its partner in exchange for royalties on any future production.
“Aluminum markets are facing a melt-up in prices this year, driven by simultaneous deficits in both China and ex-China drawing on already low stock of inventory,” Goldman analysts say.
