Fortescue partners with OCP Group for green energy development in Morocco
Australia’s Fortescue said on Monday it would form a joint venture with OCP Group to supply green hydrogen, ammonia and fertilizers to Morocco, Europe and international markets, as the iron ore miner looks to transform itself into a green energy superpower with a global footprint.
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Africa needs $700 billion of finance for green energy and metals
Mining News Pro - Africa will need more than $700 billion in finance over the next decade to develop renewable power and mines to extract the metals required for the green energy transition, according to Standard Bank Group Ltd.
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EU metals industry urges aid to rival US green energy package
Mining News Pro - Top metal producers called on the European Union to follow the White House’s lead in rolling out financial support to help the bloc keep control of raw materials critical to the green-energy transition.
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Caterpillar gears up for green energy transition, automation age
Mining News Pro - Minexpo 2021 in Las Vegas was five years in the making, and like other industry gatherings taking place at the beginning of the end of a pandemic, it was a rather subdued affair.
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South Africa’s green energy push hinges on R402bn debt fix
Mining News Pro - The head of South Africa’s State power utility needs to substantially reduce its R402-billion of debt to realise his vision of transforming the coal-addicted behemoth into a leading green-energy producer and create as many as 300 000 jobs in the process.
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US push for green energy could strand $68 billion in coal, gas assets
Mining News Pro - S&P Global Market Intelligence released a new report Friday that estimates that $34 billion in coal plant investment and another $34 billion in new gas plant construction could be at risk.
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Five green energy trends topping miners’ agendas in 2021
Mining News Pro - 2020 was the year that climate change became a dominant force for commodities as top mining companies and governments made ambitious net-zero commitments, Wood Mackenzie notes in its latest report.
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President Biden to boost US mining, green energy metals
Mining News Pro - Joe Biden was sworn in as the 46th US president on Wednesday afternoon only a week after Donald Trump’s supporters, refusing to accept defeat, staged a deadly attack on the Capitol.
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