The 2009 ferrosilicon contract price on ZCE closed at 5712 yuan per ton on July 10.

This week, the ferrosilicon market continued running stably, with little price change.

Sharp increases in EU emissions trading system (ETS) allowance values in recent sessions have worsened market conditions for German coal-fired power generation for next year, with around 46pc of the fleet priced out of the base-load market.

UK-Australian resources firm BHP and its partner, Japanese trading house Mitsubishi, plan to spend $100mn on 34 autonomous trucks at their 4.5mn t/yr Daunia coking coal mine in the Bowen basin in Queensland, Australia.

India's state-controlled mining firm Coal India (CIL) has formed a joint venture with NLC India, a state-controlled lignite producer and utility, to set up thermal and solar power assets with a combined capacity of 5GW in the country.

Rio Tinto to close New Zealand aluminium smelter in 2021

New EU Clean Hydrogen Alliance to build 6 GW of electrolyzer capacity by 2024

Nornickel rejects $2.1 billion fuel spill charge