Mining is on the wane in Gillette in the US state of Wyoming. Thousands of jobs have been lost. The state now represents a microcosm of the nation's move to renewable energy, but former miners are worried.
By Reuters Staff
2 Min Read
JAKARTA, Jan 15 (Reuters) - Indonesia plans to adjust its royalty payment policies on sales of gold and coal in an effort to boost state revenues as prices of the two commodities recover, an official said on Friday.
The world’s top exporter of thermal coal expects a recovery in prices and exports this year after scoring a $1.5-billion trade deal with China.
Home to the world s biggest gold mine, Indonesia also ranks among the top producers of the precious metal, benefiting from a price rally last year. [reut.rs/2KeRD4K]
“In an effort to increase state revenue, we are in the process of adjusting the gold and coal royalty rates,” Ridwan Djamaluddin, the director general of minerals and coal at the ministry, told an online conference.
Italy's largest regional utility A2A will spend 16 billion euros ($19.45 billion) between now and 2030 to cut its carbon footprint and grow its waste and water business.
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What’s Next For Very Volatile Natural Gas Markets By Tsvetana Paraskova - Jan 20, 2021, 12:00 PM CST
Last week’s record-high spot prices of liquefied natural gas (LNG) in Asia may not hold for long, but the surge could be a sign of what the future holds for natural gas prices globally.
The growing LNG trade and the growing importance of LNG on the global gas markets have upended the way part of global gas supply is traded and has made regional gas markets more interconnected. When spot LNG prices rally in north Asia, LNG sellers rush to send cargoes there, leaving fewer LNG supply going to Europe, where natural gas prices rise in a generally tighter market.