Reports & Commentary - Commodities

New coalition challenges steel carbon price proposed by US, EU

The newly-formed Global Steel Climate Council or 'GSCC' is challenging the “sliding scale” carbon price proposal by the US and EU

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Imerys to develop largest European lithium mine in France

The new mine would produce 34,000 tonnes of lithium hydroxyde annually from 2028, enough to equip 700,000 electrical vehicles.

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Albermale and 21 others awarded $2.8Bn in federal funding

Albermarle, Piedmont and Talon are among firms granted $2.8Bn by the US Department of Energy to develop the American battery metals supply chain.

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Fortescue to spend $6.2bn to curb iron ore emissions

Fortescue Metals Group will spend $6.2 billion over the next decade to decarbonize its iron ore operations.

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Landscape industry to transition to zero emissions

The landscape industry is seeking to transition to zero emissions but two industry organizations warn that the shift will require investment in expensive equipment and infrastructure.

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Teck Resources expands net-zero climate strategy

Teck Resources aims to achieve net-zero Scope 2 emissions by 2025, and net-zero Scope 3 emissions by 2050.

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OZ targets net zero by 2030

OZ Minerals hopes carbon offsets won’t be required to achieve the company’s new net zero by 2030 target.

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Ecopetrol to invest up to $6bn annually until 2040

Colombia's majority state-owned oil company Ecopetrol will invest up to $6 billion a year through 2040.

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INPEX sets course for net-zero by 2050

Japan’s largest exploration and production company aims to reduce its Scope 1 and 2 emissions to net-zero by 2050, with a 2030 goal of a 30% or more.

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Soy giant pledges deforestation-free supply chain

The Louis Dreyfus Company (LDC), has announced a plan to eliminate the destruction of native vegetation from its soy supply chain in Brazil and across Latin America.

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Wheaton Precious Metals targets net-zero by 2050

Wheaton Precious Metals Corp. outlined a commitment to reach net-zero emissions by 2050 and will provide more details in its 2021 sustainability report to be published in May.

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HPCL aims for net zero emissions by 2040

Indian state-controlled refiner HPCL wants to achieve net zero carbon emissions by 2040, and plans to have a green hydrogen production capacity of 24,000 t/yr in the coming years.

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