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Automobile executives in China have had a lot to contend with this year. But those operating in the electric-car space (which is almost everyone these days) have had it especially tough. Not only has the world’s biggest EV market become even more crowded in 2021 but the explosive sales — deliveries are expected to more […]

South African state power utility Eskom sees an opportunity to emerge from years of crisis by shifting from coal-fired power generation towards natural gas and renewables, its chief executive told Reuters. Eskom has implemented power cuts for more than a decade in Africa’s most industrialised nation that have held back economic growth and deterred investment. […]

Sales of rough diamonds by Debswana Diamond Company jumped 73% in the first nine months of 2021, statistics released by the Bank of Botswana showed on Tuesday, driven by the reopening of US and China’s consumer markets. Debswana, a joint venture between Anglo American business De Beers and the Botswana government, sells 75% of its […]

London copper prices rose on Monday, recouping some of last week’s losses fuelled by the newly identified coronavirus variant, with markets trying to gauge its severity and its possible impact on economic recovery. Three-month copper on the London Metal Exchange rose 1% to $9 550 a tonne by 07:40 GMT. The most-traded January copper contract […]

China’s thermal coal futures dropped 5.6% on Monday after the state economic planner signalled further regulations for prices of the dirty power-generation fuel. The most-active Zhengzhou thermal coal futures contract, for January delivery, was 819.6 yuan ($128.31) a tonne as of 01:47 GMT. It has lost more than 142% from a peak of 1 982 […]