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Carbon: Vietnam accelerates domestic market development to tackle CBAM
Vietnam has accelerated the development of the carbon market by allocating emission allowances to the electricity, steel and cement industries from 2025, making it easier for these industries to cope with the EU's Carbon Border Adjustment Mechanism (CBAM), and...
Cobalt: National Food and Strategic Reserves Administration aims to purchase up to 15,000 tons
China plans to purchase up to 15,000 tons of cobalt metal from local Chinese producers in the coming months for domestic stocks, a record amount for a single purchase. The planned purchase would represent a significant increase since, last year, the National Food and...
Aluminum: Glencore and Rusal extend supply contract
In a move to strengthen their partnership, Swiss trading company Glencore and Russian aluminum giant Rusal have agreed to extend their long-term supply contract until next year. The contract between Glencore and Rusal, the world's largest aluminum producer outside...
Gas: supply risks drive up European price as global steel production falls
Energy - Supply risks push up European gas prices European natural gas prices reached their highest level since January. TTF prices rose by 4.2 per cent yesterday to almost €34.76/MWh. This came after Austrian energy company OMV warned that there is a risk that...