Commodity

Soaring commodity prices could thwart renewable energy gains, IEA says

by on December 3, 2021 0

According to the International Energy Agency (IEA), the continued rise in commodity and transport prices could lead to cost reductions achieved over the past decade in onshore wind and solar. Amid pandemic-induced supply chain challenges and construction delays throughout 2020, renewable capacity continued to increase by more than 45% from 2019, “officials said. ‘IEA...

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Osinbajo, others insist on added value and development of the commodity market | The Guardian Nigeria News

by on November 27, 2021 0

Vice President Yemi Osinbajo said yesterday Nigeria needs to deepen value addition to help create jobs and grow the commodities market. To achieve this, Osinbajo said there was a need to build a resilient and competitive economy that would mitigate and adapt to climate change and relentlessly match the digital economy and the Fourth...

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Peru’s mining restrictions rock metals markets

by on November 22, 2021 0

Industrial commodity markets reacted on Monday to the Peruvian prime minister’s statement that the country would not grant extensions to the operating licenses of four mining companies late last week. On Monday, raw materials heavily exploited in the Latin American country were losing ground. As of 1:30 p.m. EDT (UTC-5), copper was selling at...

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