Indian Metal & Energy Industry News & Updates - International
Eramine Sudamerica joins Argentine lithium race with Salta plant
Canadian miner Hudbay sees BHP's bid for Anglo boosting copper assets
Indian Oil resumes buying Russian crude oil delivered on Sovcomflot ships
Indian Oil Corp. resumed buying Russian crude oil delivered on a tanker owned by Sovcomflot PJSC this week, paving the way for a restoration of oil flows between Russia and India, after tightened US penalties had disrupted shipments.
Half of all copper mining is at drought risk with climate change
Why energy storage is key to global renewable goals
UN chief launches initiative to ensure fair mineral sourcing for clean energy
United Nations, UN Secretary-General Antonio Guterres has unveiled a new initiative aimed at integrating fairness, sustainability, and human rights into the procurement and use of essential minerals for the clean energy transition.
China aims to exert influence on Afghan mining sector via investments
Ever since the Taliban seized power in Afghanistan, China has kept its aim sharp at the country's mining sector through its investment initiatives, thus ensuring an influence on it, reported Khaama Press.
Codelco Q1 Results: World's largest copper producer's pre-tax profit sinks 29%
Production of minerals for clean energy is insufficient: UN
Copper price tops $10,000 for first time in two years
World’s largest mining company BHP bids $39 billion for Anglo American
Canada's LNG Energy signs Venezuela oil contract
Canada-based LNG Energy Group announced on Wednesday it had signed an agreement with Venezuela's state-owned PDVSA Petroleo, though the renewal of US oil sanctions could potentially pose problems.
World's biggest energy trading firms are returning to metals
UAE giant eyes majority stake in Vedanta's Zambian mines in expansion drive
The mining investment arm of Abu Dhabi's most valuable company has offered to buy a majority stake in Vedanta Resources' Zambian copper assets, two sources familiar with the matter told Reuters, in its drive to build an African copper mining empire.
The wind is picking up, but only in China
Codelco CEO vows to pursue community buy-in over lithium expansion
Chile's state-run miner Codelco has made progress in negotiating with local communities over lithium mining and will keep working to win their support, Chief Executive Ruben Alvarado said on Tuesday, a day after several groups in the Atacama salt flat broke off talks.
Carbon capture will not play major role in steel decarbonisation, report says
Carbon capture, utilisation and storage (CCUS) is unlikely to play a major role in decarbonising the global steel industry due to low capture rates, high costs and a track record of underperformance, a think tank said in a report on Wednesday.
Metals whipsawed as US, UK sanctions on new Russian supplies rattle LME
Copper output at Chile's Codelco set to rise this year, CESCO says
Global mining investment too low to support energy transition, Rio Tinto chairman says
Low rates of investment in the global mining sector have put the global energy transition at risk, widening the supply gap in critical minerals like copper, Rio Tinto chairman Dominic Barton said on Monday.
Iron ore rangebound as investors await more China data
Iron ore futures prices were rangebound on Monday, as investors awaited the release of more key data from top consumer China for signals of further direction.
Japanese consortium to invest $370 mn in Natural Gas Transition Platform
A Japanese consortium will invest $370 million to acquire a minority stake in a platform that invests in companies developing city gas distribution networks in India, global infrastructure investor I Squared Capital said on Monday.
Southeast Asia 'woefully off track' on green investment, Bain says
Possible BP bid highlights 'London for sale' scenario
The emergence of a possible bid for BP by the United Arab Emirates' state-owned oil group has thrown a spotlight on the vulnerability of the Britain's largest companies to takeover and the threat to London as a global capital markets hub.
China's oil majors face uphill climb to adapt to EV future
Vulcan Energy starts its first lithium chloride production in Germany
‘Global steel demand to return to growth in 2024’
US natgas will be cheaper than coal in 2024 for the first time, EIA says
AI could add 1 million tons to copper demand by 2030, says Trafigura
Road oil demand to peak by 2032 as EVs become more popular, Goldman forecasts
Global road oil demand will rise 5% to a peak of 50 million barrels per day by 2032, Goldman Sachs forecasts, with oil use per vehicle likely to fall sharply because electric vehicles are expected to account for more than half of auto sales by 2040.
405, TSL Corner
contact@nurcmedianext.com
+91-11-49849324, +91-9958949710
