The government proposes to expand its coal ban by adding absolute caps on production of thermal coal, or its use in power generation, which would target big companies.
A mix of political populism, higher commodity prices and the expectation electrification will spur demand for raw materials has led governments to change the rules for miners operating in their countries.
Almost 60% of all new cars sold in Norway in March were fully electric, a global record as the country seeks to end fossil-fueled vehicles sales by 2025.
The Diamond Producers Association, which represents mining companies like De Beers, Rio Tinto and Alrosa, welcomed the FTC insistence that companies distinguish between diamonds that are mined and those that are made in laboratories.
The U.K.’s financial regulator has authorized U2 Diamond Prices Ltd. as a benchmark administrator, joining firms such as FTSE International Ltd. and ICE Benchmark Administration Ltd.
Gonzalo Ramirez Martiarena, ex-CEO of Louis Dreyfus Company (LDC), was reportedly ousted after trying to start talks with Glencore Agriculture and other rivals.