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Company posted an underlying net loss after tax of $36 million and scrapped its dividend as net profit dived 96% to just A$20 million
The metal used in everything from aircraft to cans rose as much as 3.3% to a 13-year high of $3,236 a tonne on Tuesday. It later eased to $3,187.
The acquisition is expected to provide long-term, predictable cash flows to Keppel through investing into a strong and growing business
"Total loadings in the whole 12 months of 2021 were down 2.5% year on year to 1,983 million tonnes," the broker said
Gautam Adani's extensive investments in solar projects have propelled his net worth to $90.1 billion over the past year, just ahead of countryman Mukesh Ambani
The Chinese price of praseodymium-neodymium alloy, used to make super strong magnets for EV motors, doubled last year and has already shot up 10% this year
BHP chief commercial officer Vandita Pant said the LNG vessels would lower emissions by about 30% per journey. "That reduces our emissions for our customers and suppliers."
About 95% of Singapore's energy is currently generated by burning natural gas, a fossil fuel
Research team discovers an excellent cooling performance with n-alkanes through solid-liquid state transition driven by high pressure
China expressed hope US would act to facilitate free trade in new energy products and 'contribute to global development of low greenhouse gas emission economy'
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India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to WorkMining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
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Energy InsightsWhat is China’s Tokamak Fusion Reactor?The goal of the Experimental Advanced Superconducting Tokamak project is to unlock the secret to clean and limitless energy on earth, with minimal waste products
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Energy InsightsDoes US Warning to India Point to More Russian Oil Restrictions?The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
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Market InsightsKazakhstan Unrest Poses Risks for World EconomyHundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
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