Wednesday, 5 February 2025

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FILE PHOTO: The logo of Codelco, the world's largest copper producer, is seen at their headquarters in downtown Santiago, Chile March 29, 2018. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)ElectricityMiningNewsTrade

Copper output at Chile’s Codelco rose to 1.328 million tons in 2024, document shows

Codelco's 2024 copper output hit 1.328M tons, slightly above 2023, despite challenges like declining ore grades and project issues.

AnalysisBusinessClimateEconomyEmissionsEnvironmentIndustryOpinionPoliticsRegulations

Opinion: Mark Carney has given us a sensible next step after the carbon tax. We need to take it.

If the “polluter should pay,” the rich should be paying more. Make the carbon tax progressive and pair it with regulations supported by...

FILE PHOTO: Argentina's President Javier Milei delivers a speech during a lunch of the Uruguay's Marketing Managers Association (ADM), on the sidelines of the Mercosur Summit in Montevideo, Uruguay, December 6, 2024. REUTERS/Mariana Greif/File Photo
BusinessEconomyIndustryNewsPoliticsRegulations

Argentina privatizes state metal firm in Milei era first

The company's shares will be transferred to the U.S.-based consortium Industrial Acquisition Fund, whose top partner is Arc Energy.

FILE PHOTO: A logo is displayed on battery maker Northvolt's energy storage system plant in Gdansk, Poland,  October 21, 2024. REUTERS/Marie Mannes/File Photo
BusinessEconomyElectric Vehicles (EVs)FinanceNews

Northvolt owners vote to stay operating while seeking financial rescue

Northvolt shareholders back restructuring as Swedish battery maker seeks $1B funding to overcome financial struggles.

Ontario Premier Doug Ford speaks to the media during the fall meetings of Canada's premiers in Toronto, Monday, Dec. 16, 2024. Ford is pitching U.S. president-elect Donald Trump on a vision to supply the two nations with energy. THE CANADIAN PRESS/Nathan Denette
BusinessEconomyElectricityNewsNuclear PowerPoliticsSmall Modular ReactorsTrade

Ford pitches Trump on nuclear energy expansion to avert looming Canada-U.S. tariff clash

The premier is trumpeting Ontario's nuclear energy expertise to build more large and small modular nuclear reactors in partnership with the U.S.

FILE PHOTO: Oil pumpjacks and tanks are pictured in a farmer's field near Kindersley, Saskatchewan, Canada September 5, 2024.  REUTERS/Todd Korol/File Photo
BusinessEconomyNewsOilPoliticsRegulationsTrade

US oil imports from Canada hit record ahead of tariff threat, EIA data shows

U.S. crude oil imports from Canada rose last week to the highest on record, data from the EIA showed on Wednesday.

John Swinney visited the Coalburn 1 construction site (Jane Barlow/PA)
BusinessEconomyEfficiencyElectricityIndustryInfrastructureNewsPoliticsStorageTradeUtilities

Battery storage sites deemed ‘formidable’ for Scotland’s energy future

Scotland secures £800m for Europe’s largest battery storage sites, boosting renewables and grid resilience efforts.

More than 800,000 balcony solar kits were installed in Germany in 2024 (AFP)
AnalysisBusinessEconomyElectricityInfrastructureSolarUtilities

Germans turn to balcony solar panels to save money

Far less powerful than roof panels, balcony solar kits cover only part of a household's energy needs and are used for tasks such...

FILE PHOTO: The Statue of Liberty is covered in haze and smoke caused by wildfires in Canada, in New York, U.S., June 6, 2023.      REUTERS/Amr Alfiky/File Photo
ClimateClimate FinanceEconomyEmissionsEnvironmentNatural GasNewsOilPoliticsRegulationsTrade

EU warns of ‘serious blow’ from Trump on climate change

Global climate efforts face a setback if Trump exits the Paris Agreement again, warns EU climate chief Hoekstra.

FILE PHOTO: Vehicles pass in front of an Exxon service station in Bethesda, Maryland, U.S., November 25, 2024. Picture taken with long exposure. REUTERS/Raphael Satter/File Photo
BusinessEconomyNewsOil

Exxon Mobil signals oil refining results to hurt Q4 profits

Exxon Mobil projects a $1.6B Q4 earnings drop amid weaker oil prices and refining results, anticipating $600M in impairments.

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