R/€ = 18.28 Change: 0.03
R/$ = 15.09 Change: 0.07
Au 1843.75 $/oz Change: 9.89
Pt 1100.50 $/oz Change: 21.89


US company planning at least 500 hydrogen fuelling stations in next 3 to 5 years  

By: Martin Creamer     7th January 2021 The creation of a minimum of 500 fuelling stations to provide hydrogen to mainly trucks powered by platinum-catalysed hydrogen fuel cells is planned by a US company in the next three to five years. “We believe that everyone will be within a couple of miles of a hydrogen fuelling station in the... 

Coal sales to rebound with first gains in years in US, Europe

By: Bloomberg     18th December 2020 Global coal demand is poised to rebound next year as the economy recovers and the US and Europe may see the first increase in consumption in several years, the International Energy Agency said. Despite the global shift toward economies based on renewable energy, the dirtiest fossil fuel looks... 

AngloGold says will achieve strong yearly free cash flow performance 

By: Chanel de Bruyn     18th December 2020 Gold miner AngloGold says it is on track to build on the robust free cash flow of $516-million in the first nine months of the year and is expected to post its strongest annual free cash flow performance in almost a decade. In a year-end update published on December 18, interim CEO Christine... 

Renewable future for defunct Australian coal mine

By: Esmarie Iannucci     18th December 2020 The federal and New South Wales state government is backing plans by Centennial Coal to potentially turn an old coal mine into a source of reliable renewable energy to power New South Wales. Centennial is investigating the feasibility of turning its underground coal mine at Lake Macquarie into... 

Canada unveils hydrogen strategy to kick-start clean fuel industry

By: Reuters     17th December 2020 Canada has unveiled its long-discussed hydrogen strategy, calling on investors to spur growth in a clean fuel sector that the government says could be worth C$50-billion, create 350,000 jobs and help the country achieve net-zero emissions by 2050. Natural Resources Minister Seamus O’Regan said... 

Australian miners need to do more on emissions - report

By: Esmarie Iannucci     16th December 2020 Australia’s resources companies would need to do more in order to address downstream scope 3 emissions, despite making progress on moving their operations towards net zero by 2050, a new report has found. The report by Climateworks Australia and Monash University investigates the climate... 

Energy Fuels to enter commercial REE business in Q1

By: Mariaan Webb     14th December 2020 US-based Energy Fuels is set to become a rare earth producer in the first quarter of 2021, announcing on Monday that it had entered into a supply agreement to process monazite at its White Mesa mill, in Utah. The company signed a three-year supply deal with the Chemours Company to acquire 2 500... 

Largo creates vertically integrated renewable energy storage provider 

11th December 2020 Toronto-listed vanadium producer Largo Resources has launched a new clean energy company to provide vanadium redox flow battery (VRFB) systems for the fast-growing global renewable energy storage market. Newly launched Largo Clean Energy has acquired VRFB technology previously owned by VionX... 

Coal mining accidents tests China’s control of its cheapest fuel

By: Bloomberg     11th December 2020 At China’s biggest coal event in the mining hub of Shanxi, the industry’s top executives signed deals over three days for more coal than other nations typically use in a year. But the bustling deal-making signals deeper problems in a market vital to the smooth-running of the world’s... 

Glencore spells out emission-reduction pathway to 2050 

By: Martin Creamer     4th December 2020 Diversified mining and marketing company Glencore on Friday announced its ambition to be a net-zero emissions company by 2050. Glencore set out the pathway towards reducing its total emissions footprint by 40% by 2035, taking in Scope 1, 2 and 3. 

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