Glencore estimates investment in global energy transition at $304 trillion

Glencore CEO has expressed an opinion that the global energy transition still requires $304 trillion in addition to $9.6 trillion made so far.

05 december 2025

Nornickel mulls new metallurgical projects in Saudi Arabia and other countries

A senior Norilsk Nickel official said that the company is exploring opportunities for metallurgical projects both in Saudi Arabia and elsewhere.

05 december 2025

Rio Tinto shifts strategic focus to scale down capital expenditures

The CEO of diversified miner Rio Tinto announced plans to scale down investment into non-core projects to preserve cash and manage its capital expenditures.

05 december 2025

Saudi Arabia opens bidding for new mineral exploration licenses

The Ministry of Industry and Mineral Resources of Saudi Arabia has started a bidding process for gold, silver, copper, and zinc exploration licenses spanning 13,000 sq. km as part of the economic diversification program.

05 december 2025

Ivanhoe sets post-flood recovery plan for key copper mine in DRC

Ivanhoe Mines has announced a renewed production forecast for its Kamoa-Kakula copper complex in the Democratic Republic of Congo, following a major flooding incident earlier this year.

04 december 2025

Green Hydrogen Will Become The 21st Century Version Of Oil

19 april 2024

By Ken Silverstein

(forbes.com) - When green hydrogen gets its legs, it will become the ‘new oil’—the energy source that drives the global economy. As such, countries are now preparing and forming international coalitions to position themselves for that future.