Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including coverage of silver prices, LME off-warrant stocks, cobalt-free lithium-ion batteries and more:
The media — at least in Europe — seems to be abuzz with talk about green hydrogen.
As an energy source, backers envision hydrogen powering everything from aircraft, to steel mills, to global shipping fleets, cars, and homes.
A few days ago, India took one more step in the clean energy direction when Prime Minister Narendra Modi inaugurated one of the world’s largest solar parks in Rewa in central India.
The European Union (E.U.) always knew it would be a herculean undertaking for Europe to achieve net-zero emissions by 2050.
This morning in metals news: the Chinese province of Henan will raise its fees for steel and cement producers that do not meet low-emissions targets; BMO says the copper concentrate market will tighten this year; and the Oyu Tolgoi project took another step forward this past week.
India’s onward march to boost its renewable energy capacity and build domestic capacity for making solar equipment got fresh impetus when Adani Green Energy Ltd won a bid to make 8 GW of photovoltaic solar power projects over the next five years.
India imports about 90% of its solar equipment today, so this development could serve to lessen that import dependence.
This morning in metals news, GFG Alliance is preparing for the realities of the post-COVID-19 world, the U.S. set wind power records this spring and Chinese lead stocks recently doubled.
This morning in metals news, the Aluminum Extruders Council has released a statement calling for the U.S. to rescind its aluminum import tariffs, U.S. raw steel production came in at a capacity utilization rate of 53.3% for the week ending June 6 and Thyssenkrupp plans to partners with RWE on technology aimed at curbing emissions from steel production.
This morning in metals news, U.S. petroleum demand took a hit on the heels of the coronavirus outbreak, the Carbon Trust is lobbying for clearer common standards for what can be called “green” aluminum and Australia’s iron ore sector could be set to receive a boost.
The COVID-19 pandemic has taken its toll on India’s solar power program.