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June 11, 2021
Physical gold demand crept up this week in top hubs India and China though dealers were still forced to offer discounts, while businesses limped back to life in India as some COVID-19 restrictions were eased.
June 11, 2021
Lithium Americas Corp (LAC.TO) has delayed plans to excavate its Thacker Pass lithium mine site in Nevada, according to court filings, while a federal judge considers whether the former Trump administration erred in approving the project that opponents say could threaten sage grouse and other wildlife.
June 10, 2021
5 minute read Liquefied natural gas (LNG) storage tanks are seen at the Sinopec Tianjin LNG receiving terminal in Tianjin, China October 22, 2018. REUTERS/Stringer Liquefied natural gas (LNG) and thermal coal prices in Asia have been roaring ahead in recent months amid strong demand, but while welcome news for the commodity producers, the rally is a longer-term boon to their main rival, renewable energy. Spot LNG prices have nearly doubled since the post-winter low of $5.60 per million Briti...
June 10, 2021
Australia's conservative government should give up its outright rejection of carbon tarrifs and instead work to make them fairer and more effective, a think tank said on Friday.
June 10, 2021
China has sent officials to inspect coal inventories and crack down on illicit hoarding at ports, following a surge of physical coal prices and tight supplies in the market ahead of the peak consumption season.
June 10, 2021
2 minute read Talent matching startup Eightfold AIs logo is seen outside its office building in Mountain View, California, U.S. in this undated handout photo. Eightfold AI/Handout via REUTERS Eightfold AI, a talent matching platform, said on Thursday it raised $220 million in a funding round led by SoftBank Group Corps (9984.T) Vision Fund 2 that doubled the companys valuation since the previous funding round to over $2 billion. Eightfold AI helps companies evaluate talent by scraping data fro...
June 10, 2021
At least 21 tortured bodies, including National League for Democracy members, election officials and pro-democracy activists, have been returned to families.
June 9, 2021
3 minute read A windmill stands next to the ocean in Utsira, a North Sea island of just 6 square kilometres (2.3 square miles) and home to 210 people who already get most of their power from two onshore windmills, in this photo taken April 22, 2008. REUTERS/Wojciech Moskwa/File Photo Wind power could make it possible to produce hydrogen without emitting greenhouse gases as cheaply as is currently feasible with fossil fuel energy by 2030, turbine maker Siemens Gamesa (SGREN.MC) said in a white p...
June 9, 2021
3 minute read The European Commission said on Wednesday it would take part in the Czech Republics lawsuit against Poland at Europes highest court over the expansion of the Polish Turow open-pit brown coal mine near the two countries border. "I can now confirm that the Commission has today submitted its request to intervene before the Court of Justice of the EU in Case C-121/21 Czechia v Poland," a spokesperson said. The Commission said in December that Poland had committed some infringements of...
June 9, 2021
Norway has earmarked two areas in the North Sea to accommodate up to 4.5 gigawatt (GW) of floating and bottom-fixed wind turbine capacity and will identify additional offshore areas for development amid strong interest from energy firms.