Day: October 15, 2021

The International Copper Study Group (ICSG) has published October 2021 Copper Bulletin, which provides preliminary copper supply and demand data for the month of July 2021.  In accordance with the data provided by ICSG, the world copper mine production increased marginally by almost 3.6% in the initial seven-month period of the current year. The concentrate production surged higher by around 5.5%, whereas the SX-EW output declined by almost 4.3%.  Chile-the world’s largest copper mine producing country saw its output dip marginally by 1.0%. The output in Peru has increased by 11% over the year. The Indonesian output recorded 61% jump over the previous year, primarily on account of continued ramp up of underground production at the Grasberg mine. Significant production increases were also witnessed in the DRC and Panama.

To say it has been a busy week for green policy announcements in the UK would be an understatement. Here, edie recaps the key changes from the Net-Zero Strategy, Heat and Buildings Strategy, Environment Bill and HM Treasury. Thousands of pages of green policy updates have been published this week. Back in June, the Government was accused by its own climate advisors of having “no coherent plans” to lay the foundations for its commitment to net-zero by 2050. A string of important policy packages promised ahead of COP26 in November remained outstanding, while “climate contradictions” including the Cumbria deep coal mine and Cambo oilfield were making headlines. Fast-forward to this week, and several metaphorical buses have come along at once. In the space of 72 hours, the Government published 21 net-zero-related documents, including consultations, policy packages and roadmaps, totalling thousands of pages.