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A Step Back in China’s Energy Transition?
China's coal imports in June were up 12 percent from a year earlier, according to customs data released Friday. This growth occurred against a backdrop of heat waves that hit the world's largest consumer of the fuel, increasing demand. In June, coal shipments to China...
Codelco: The Struggle to Recover Copper Production in a Crisis Market
Chilean state-owned mining giant Codelco's copper production continues to fall after reaching a 25-year low last year, exacerbating an already strained global market for the red metal, whose demand is growing for electric vehicles and the green energy revolution....
Geopolitical Risks and Global Economic Prospects: A Central Bank Analysis
An escalation in geopolitical conflicts represents the biggest risk to the global economy, according to central bank reserve managers, who nevertheless remain generally positive about the global economic outlook. This is according to an annual survey conducted by UBS...
Nickel: BHP Temporarily Suspends Operations in Western Australia
Mining giant BHP Group has announced that it will temporarily suspend its nickel operations in Western Australia from October. This decision was made in response to depressed nickel prices caused by an oversupply in the global nickel market. The suspension will affect...