Fertilizer prices have skyrocketed as soaring natural gas costs have forced some European production plants to halt or curtail production.

The worst performers among 53 major metal companies ranked for risks and readiness in a net-zero emissions scenario were an Australian iron ore miner and steelmakers from Russia and India.

Eramet is struggling to attract investment from its home region to process its overseas nickel, lithium and cobalt reserves into battery materials.

The new AL+ is expected to keep 60% of its current aluminum and 70% of alumina production assets.

Politicians promised to stop financing overseas coal plants, tackle methane leaks and take greater action this decade to limit global warming.

The future EU-US arrangement will be a challenge for China, which produces more than half of the world's steel.

The decision ends one of the biggest areas of friction between the allies.

High prices for coal and other commodities are helping miners despite lower production in some cases.