Vale first-quarter net profit falls 19.6%, but beats expectations

As miners come under pressure from shareholders and lenders to make their operations more sustainable, can Africa’s extractive industry be reformed?

Anglo American’s spinoff, Thungela Resources, has emerged as the world’s best-performing major coal stock. It’s also one of the most profitable bets by a group of fund managers who’ve promised to reduce their financed greenhouse-gas emissions.

Coal mining giant PT Adaro Energy Indonesia said Monday that it has started to export coal to European buyers as the continent is currently experiencing disruptions in coal supplies.

Beijing authorities have released a plan for energy development from 2021 to 2025, emphasizing replacing coal with clean energy.

Russia, the world's third-largest coal supplier, dominates sales to Europe, but the Russian ban has disrupted supplies to the continent.

China produced about 33 million metric tons of hydrogen in 2021, making it the world's largest hydrogen producer.

Russian companies would be barred from taking part in competing for contracts across the EU.