Semirara Mining and Power Corp., the Philippines’ largest coal producer, said it’s looking to spend 291.4 billion pesos ($5.07 billion) to expand its mines.
Iron ore futures prices rebounded on Friday but logged their first weekly fall in three weeks, as traders cautiously awaited further fiscal stimulus announcements from top consumer China in a key press conference scheduled on Saturday.
The half-brother of Ratan Tata was appointed on Friday as the head of the powerful and influential philanthropic arm of India’s Tata group, giving him indirect control of the $165 billion conglomerate.
Dalian iron ore futures prices rebounded on Thursday, buoyed by hopes of more fiscal stimulus from top consumer China and firmer seasonal demand for steel products.
Whitehaven Coal Ltd., one of Australia’s largest coal producers, shelved a planned special purpose vehicle originally intended to provide in-house insurance after finding external insurers willing to take on the risk.
The implementation of a $9.3 billion climate-finance pact between South Africa and some of the world’s richest nations has been slowed by an absence of investable projects, the African country’s presidency said.
Port of Newcastle, one of the largest coal ports in the world, has broken its own sustainability record for the fourth consecutive year.
Canada published a list of dozens of Chinese steel and aluminum products on which it will place a 25% tariff, starting in three weeks.
China’s largest coal-mining hub is primed to spearhead the country’s energy transition with a slate of planned clean power mega-projects in the desert, according to a report released Monday.
Iron ore futures surged for a fifth straight session on Monday, as top consumer China’s latest property stimulus and a raft of monetary easing policies brightened the key steelmaking ingredient’s demand outlook.