US coal plants’ fate hinges on June power-price auction
Suppliers to the grid stretching from New Jersey to Illinois will find out on June 21 whether their bids to provide backup capacity for the year starting June 2023 passed muster.
Suppliers to the grid stretching from New Jersey to Illinois will find out on June 21 whether their bids to provide backup capacity for the year starting June 2023 passed muster.
Chile is also in the process of overhauling its market-orientated Constitution which dates back to the military dictatorship of Augusto Pinochet.
Amidst talks of nationalization of mines and stricter regulations for miners in several jurisdictions across South America, Ecuador’s Energy Minister Xavier Vera promises a different path.
Scott Keogh, chief executive of Volkswagen Group of America, said the move to EVs is the single biggest "industrial transformation in America."
While Powell sounded relatively dovish, actions speak louder than words.
The country is pushing back plans to retire some coal-fired plants and has announced that coal mining will be ramped up by 50% this and next year.
At $1 billion, Tianqi’s offering would be Hong Kong’s biggest listing so far this year.
BHP is, hower, seeking approval to keep the mine running beyond 2026, until 2030, amid high coal prices and a tight market.
The turmoil that rocked financial markets this week has done little to shake the optimism around global mining at PDAC.
Pay increases were made to some 500 employees in around 20 countries.