In the news today and from the weekend…
- Mother Jones republished from High Country News, reporting that amid the recent skirmishes over revising the reconciliation bill, known as the Build Back Better Plan, lawmakers once again skipped a chance to reform the General Mining Law of 1872.
- S&P Global reports hydrogen-based steelmaking is unlikely to displace blast furnace-based steelmaking for two to three decades, which will support demand for metallurgical coal during that period, miners and analysts said at the Financial Times Commodities Asia Summit this week.
- Argus reports coal production from western bituminous mines in Colorado and Utah increased by 6.6pc last quarter when compared with a year earlier, supported by export markets.
- The New York Times reports the clean energy revolution is replacing oil and gas with a new global force: the minerals and metals needed in electric car batteries, solar panels and other forms of renewable energy, specifically cobalt.
- The New York Times reports Americans failed to safeguard decades of diplomatic and financial investments in Congo, where the world’s largest supply of cobalt is controlled by Chinese companies backed by Beijing.