Volkswagen and Daimler intend to ensure Chile lithium
Two largest German car makers took steps to prove that lithium mining in Chile is sustainable
Volkswagen and Daimler seem to be preparing for electric...
Finland to be only uranium producer in the EU
The Finnish government agreed on Thursday that the state-owned Terrafame will extract and refine uranium in eastern part of the country
As such, Finland will...
Trinidad cancelled agreements with Venezuela miner due to US sanctions
Trinidad and Tobago cancelled deals with Venezuela on joint development of natural gas on their maritime border due to US sanctions on Venezuela’s company...
Uniper plans to shut down German coal power plants in 5 years
Energy company Uniper based in Düsseldorf plans to close down almost half of its European capacity
Uniper announced its plans in reaction to decision of...
Rhodium price at 11-year high due to automotive industry
If you invested $100 to rhodium last year, you would earn $250 today
Price of this silver metal grew 2,5 times in a year.
Rhodium rose...
Germany to quit lignite by 2038
Germany will become first country in the world to exit from brown coal mining, coal-fired power plants should phaseout by 2038.
The decision was announced...
Copper price probably won’t rise this year
According to chief of Chile workers unions, copper price will probably not recover from last year’s decline. The situation won’t change even if tensions...
India‘s palm oil import facing 17-months minimum
India’s palm oil import decreased in 3 % from a year ago in November
Concerns on Malaysia’s oil tax increase are growing.
November palm oil import...
Turkey and Azerbaijan mark completion of a new pipeline
The Trans-Anatolian Natural Gas Pipeline (TANAP) is part of Southern Gas Corridor which aims to reduce EU dependency on Russian fossil gas supplies.
TANAP...
Profits of Chilean miner dropped in a quarter due to decreasing Chinese demand
Lithium price dropped in 14 % during last year
The cause is decreasing car and electronics industry demand.
Chilean company SQM is world’s No. 2 lithium...
