NATURAL RESOURCES News November 2021 UK Government to invest in nuclear power station The UK government is set to invest GBP1.7 billion over the next three years in the Sizewell C nuclear power plant, based in Suffolk. This investment is part of the UK government’s...
NATURAL RESOURCES News November 2021 Turning mining waste into wealth Oz Minerals, a mining company listed on the ASX has launched an initiative to explore ways to better manage mining waste. The ultimate goal is to create increased value from mining waste while...
NATURAL RESOURCES News November 2021 China to cap coal prices In an attempt to ease its energy crisis, China plans to cap the price of coal. China plans to cap the price of coal at which miners may sell coal for, which is scheduled to last until May 2022. It is...
NATURAL RESOURCES News November 2021 Indonesia’s solar-battery power plant Sunseap Group Pte, a renewable energy firm based in Singapore has announced its plans to develop 7 gigawatts of solar power and 12 gigawatt hours of battery storage on the Riau Islands of...
NATURAL RESOURCES News October 2021 Zijin Mining invests in lithium Zijin Mining, one of China’s largest gold and copper producers has acquired Neo Lithium Corporation for $770 million in a bid to carve out a stable supply chain for the future. This comes as the...
NATURAL RESOURCES News October 2021 Price of steel rapidly increasing The lack of supply for steel has US companies scrambling to produce cans, metal desks and filing cabinets, Peloton bikes and cars as prices have shot up to $1940 a ton this September compared to...
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...
