If Glencore’s CEO retires next year, many weary shareholders will rejoice | Nils Pratley

The suspended fund was far too exposed to retail properties, where values have been sliding for yearsIt’s always tempting to bash financial regulators when retail investors are deprived of the opportunity to access their savings. And often it’s the rig…

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A buyer for British Steel is welcome but what’s Jingye’s strategy? | Nils Pratley

It’s hard to see why the Chinese firm wants to take over a loss-making business in a tough marketHalf the woes for steelmakers in Britain derive from dumping into world markets by Chinese producers, or so we have been told for a couple of decades. So i…

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Government under fire for approval of new coalmine in Cumbria

Decision coincides with net-zero emissions review and is branded ‘backwards step’A new coalmine in Cumbria has been given the green light by the government in the same week that the Treasury launched a review into how the UK can end its contribution to…

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BHP plans to replace coal with renewables at two huge copper mines in Chile

Mining giant says contracts will cut energy prices by 20% and save 3m tonnes of carbonThe mining giant BHP has signed four renewable energy contracts that will replace coal-fired power at two of its copper mines in Chile, a move it says will mean both …

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