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Gold at Historic Highs: The Federal Reserve and Markets in Turmoil
Gold prices rose on Thursday morning, reaching record highs after the US Federal Reserve made a dramatic interest rate cut. Spot gold is up 0.50 per cent from yesterday's close at $2,582 per ounce, as of 10:25 a.m. (Italian time), following an all-time high of...
The Plastic Tax in the European Union: Successes, Challenges and Opportunities for the Future
In January 2021, the European Union introduced a new revenue source and mechanism to promote environmental sustainability: a tax on non-recycled plastic packaging waste. This measure, informally called a ‘plastic tax’, stipulates that member states must pay EUR 0.8...
Tata Steel’s Project for the Green Turn: A Step Towards the Decarbonisation of the UK Steel Industry
In September 2023, Tata Steel reached a funding agreement with the UK government that marks the beginning of an ambitious project for the green transition of the steel plant in Port Talbot, Wales. This agreement includes the replacement of the existing blast furnaces...
The impact of copper prices on molybdenum supply: an uncertain future for the mining sector
The molybdenum market is in a delicate and complex phase, with its production and supply closely linked to copper prices, which are currently at a standstill. Climax Molybdenum expressed concerns about the future prospects of molybdenum supply. Challenges in...