Admiral top FTSE 100 gainer on higher profit forecast Tate & Lyle and Daily Mail climb on commercial deals FTSE 100 down 0.7%, FTSE 250 slips 0.2% London’s FTSE 100 fell on Monday, dragged down by heavyweight energy and mining stocks on lower commodity prices, while gains in insurers led by Admiral Group helped cut […]
Could Deep Sea Mining Fuel The Electric Vehicle Boom?
The world is hungry for resources to power the green transition. As we increasingly look to solar, wind, geothermal and move towards decarbonization, consumption of minerals such as cobalt, lithium and copper, which underpin them, is set to grow markedly. One study by the World Bank estimates that to meet this demand, cobalt production will […]
WoodMac: Emerging Solar Markets to Come of Age in 2020s
As more countries join the “gigawatt club” this decade, new markets will bring new kinds of challenges for solar. Emerging solar markets will come of age in the 2020 as countries from Saudi Arabia to Pakistan to Malaysia join the “gigawatt club.” Outside of the OECD, there are now auctions planned in 44 countries, and […]
Supply Constraints Could Put the Brakes on Electric Vehicle Rollouts
“It will be impossible for many EV targets to be achieved” on the current path, says Wood Mackenzie research director Gavin Montgomery. Investments in mining projects to support key materials for batteries could come too late to meet rising demand, new research says, stoking fears of a battery materials crunch. Supply chain constraints could start […]
Australian firm partners with Indian power company to develop India’s first lithium refinery
Australian mining company Neometals has entered into a deal with Indian power conglomerate Manikaran Power to jointly fund a feasibility study to set up India’s first lithium refinery. The refinery, if established, would process ore from the Mount Marion mine in Western Australia to produce battery-grade material for electric cars. The two companies have agreed […]
Japan drags India to WTO over import duties on certain electronic goods
Japan has dragged India to the World Trade Organisation (WTO) over the import duties imposed on certain electronic goods, according to the global trade body. Japan has accused India of “continuously and systematically” raise import duties on these goods after announcement of ‘Make in India’ campaign in September 2014, according to a communication released by […]
Coal mining museum powered by solar PV and battery storage
In a powerful demonstration of Australia’s energy transition, the Victorian State Coal Mine, a tourist attraction in the coastal town of Wonthaggi, is now powered by a solar and battery storage system. A black coal mine in Wonthaggi, which today operates as a state park and tourist attraction, will from now on be powered by […]
As end looms for coal, German mining region shifts right
SPREMBERG, Germany: A German far-right party is using a simple message to attract voters in a mining region threatened by government plans to phase out coal: jobs are more important than the environment. Chancellor Angela Merkel’s aim to wean Europe’s biggest economy off fossil fuels is the main issue in a September election in the […]
India likely to invest in Bolivia lithium industry
India has expressed interest in investing in the lithium industry of Bolivia, home to vast untapped mines of the mineral that is used in rechargeable batteries for portable electronics and electric vehicles. Indian President Ram Nath Kovind and his Bolivian counterpart Evo Morales held wide ranging talks on ties in sectors like space, mining, information […]
India likely to invest in Bolivia lithium industry
India has expressed interest in investing in the lithium industry of Bolivia, home to vast untapped mines of the mineral that is used in rechargeable batteries for portable electronics and electric vehicles. Indian President Ram Nath Kovind and his Bolivian counterpart Evo Morales held wide ranging talks on ties in sectors like space, mining, information […]