In a push to strengthen U.S. energy and manufacturing security, the U.S. Energy Department confirmed the designation of metallurgical coal as a critical material under the Energy Act of 2020. Full story.
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Rio Tinto has appointed Katie Jackson to lead its copper business arm, succeeding Bold Baatar, who will become the company’s chief commercial officer later this year.
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Rio Tinto said it will build the largest solar power plant in Canada to provide up to 25% of its Diavik diamond mine’s electricity during closure work that will run until 2029. The miner anticipates the plant will be fully operational in the first half of 2024. Full story.
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Thai state-owned energy company PTT has signed a deal to divest its Indonesian coal business for US$471 million to Astrindo Nusantara Infrastruktur, an investment company focused on energy infrastructure. Read full article.
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