Teck Resources Ltd. plans to slash its steelmaking coal production by 22 per cent in the third quarter as the market is heavily oversupplied and prices remain weak. 320 more words
Tags » Mining
The Government’s reliance on coal for Australia’s economic future could prove damaging as global powers prepare to transition to a lower-carbon environment.
According to the Sydney Morning Herald, Swiss Bank UBS told its clients that the world was on the verge of a shift towards renewable energy, with “solar and batteries” at the forefront. 610 more words
On April 23, 2015, China decided to eliminate tariffs on rare earths and other such as tungsten, molybdenum and fluorspar starting from May 1 according to the Chinese Ministry of Finance. 281 more words