NATURAL RESOURCES News October 2021 Financial institutions adopt IPCC targets Shying away from the International Energy Agency’s ‘Net Zero by 2050’ plan, which bars committed companies from operating new fossil fuel exploration projects this year, most banks have...
NATURAL RESOURCES News October 2021 Third largest mining company in Australia to achieve net-zero scope 3 emissions by 2040 Fortescue Metals Group, one of Australia’s three largest mining companies has pledged to reduce emissions across its entire global value chain,...
NATURAL RESOURCES News October 2021 China increases local coal production As the United Nation’s COP26 climate conference looms, President Xi Jinping has won international praise for promising that China’s peak carbon emissions would peak before 2030, and the country...
NATURAL RESOURCES News September 2021 Exploration tech backed by billionaire KoBold Metals (“KoBold”), an exploration company which discovers materials critical for the electric vehicle and renewable energy revolutions has partnered with BHP to search Western...
NATURAL RESOURCES News September 2021 Platinum demand increases On the back of economic recovery, the demand for platinum has increased. In the second quarter of 2021, the industrial demand for platinum rose 46% to exceed pre-Covid levels. In addition, platinum...
NATURAL RESOURCES News September 2021 Metals and Mining M&A Mineral and mining deals worth US$1.4 billion were announced for June 2021. Deal value for June 2021 was down 5.9% from May 2021 and down 64.3% when compared with the last 12-month average of US$4.01...
NATURAL RESOURCES News September 2021 US make push toward electric vehicles President Joe Biden has signed an executive order to make half of all new vehicles sales in the US by 2030 to be zero emissions vehicles. This will mean that lithium demand in the US is set to...
NATURAL RESOURCES News September 2021 Australia gold production soars Australia gold production for the first six months of 2021 has surpassed China for the same period. From January to June of 2021, Australia produced 157 tonnes of gold while China produced 153...
NATURAL RESOURCES News September 2021 Record iron ore shipments Fortescue Group Ltd (“Fortescue”), which is listed on the Australian ASX, is an Australian iron ore company and is the fourth biggest iron ore producer in the world. Fortescue have recently announced it...
NATURAL RESOURCES News September 2021 Botswana’s Minergy eyes LSE IPO Minergy, the only privately-owned coal mining company in Botswana has revived its plans list on the London Stock Exchange (“LSE”). In 2018, Minergy halted its plans for an IPO on London’s AIM market...
