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Sierra Leone
Sierra Leone political paralysis threatens millions of dollars in aid
...Millennium Challenge Corporation, a US development agency, has paused work on a five-year grant to the country amid the fallout from June’s elections....
October 5, 2023
Moral Money
Investors pressure Nike on wages allegedly owed to factory workers Premium content
...About 40 per cent of this will be bought by the International Finance Corporation, the investment arm of the World Bank....
September 11, 2023
FT Live
Mining Summit
Enabling a low-carbon future
Thursday, 26 SeptemberLondon, United Kingdom & Online
Rare earths
The rare earths mine becoming a bellwether for US minerals policy
...The US International Development Finance Corporation (DFC) has invested $105mn into TechMet, a $1bn critical minerals fund, which has pledged $50mn of equity for Rainbow Rare Earths, the company behind the...
April 21, 2024
The Big Read
The money behind the coming wave of climate litigation
...The disaster released huge quantities of mining waste and polluted hundreds of kilometres of waterways. “If you ask [Brazilians], ‘Where were you when it happened?’...
June 5, 2023
Uranium
Hot uranium threatens a meltdown for Western energy security
...That is, of course, unless and until replacement mining and enrichment capacity is built in the West....
January 4, 2024
Special ReportManaging Climate Change
High Seas treaty is a ‘critical step’ in protection of the oceans
...In August, the US International Development Finance Corporation supported $500mn of insurance for Gabon’s ocean territory, in a deal that helps lower the interest rate on the African nation’s debt....
November 30, 2023
FT Live
Commodities Global Summit 2025
The pre-eminent gathering of senior commodity executives, traders and financiers
Monday, 24 March 2025Lausanne, Switzerland
Industrial metals
US government-backed start-up on course to become mining unicorn
...The company’s existing roster includes the US International Development Finance Corporation (DFC), the US government development bank, Swiss-based commodity trader Mercuria and London-based asset manager...
August 15, 2023
Panama
Protesters vs critical minerals: Panama copper fiasco shows risks to green transition
...“The whole appearance of mining companies justifying developments through employment, GDP and taxes is lecturing and patronising,” the executive said....
December 18, 2023
Energy Source
World Bank ‘optimistic’ about giant African hydro project Premium content
...Hoefelmann previously served as global head of infrastructure operations at Nikola Corporation and has worked in executive positions at Air Liquide....
February 8, 2024
Moral Money
Will big bets on critical minerals pay off? Premium content
...The US International Development Finance Corporation in 2020 made an equity investment in TechMet, with retired admiral Mike Mullen agreeing to lead the company’s advisory board....
November 8, 2023
Chinese politics & policy
China to set up centralised iron ore buyer to counter Australia’s dominance
...The initiative, led by the China Iron and Steel Association and the planning ministry, involves large state-owned mining and steel groups such as Baowu, China Minmetals Corp and Aluminium Corporation of...
June 16, 2022
Special ReportFuture of AI
‘Humanoid’ robot wave signals change on the production line
...United States Steel Corporation, for example, has said it will use generative AI software from Google to guide its workers through truck repairs and ordering parts....
March 26, 2024
Climate change
US climate chief rails at Asian coal as geopolitical tensions shadow UN summit
...The technology is not proven at scale, although China is attempting its own development at various oilfields....
September 21, 2023
News in-depthMining
Deep-sea mining tussle pits France and Germany against China
...This compared to China’s Beijing Hi-Tech Corporation’s proposal that the royalty rate on revenues should be just 2 per cent....
July 9, 2023
Energy Source
Soaring power demand from AI and crypto pose threat to grid Premium content
...Lynch formerly served as managing director of Sayona Mining. Energy Recovery, an energy efficiency technology manufacturer, appointed David Moon as president and chief executive....
January 25, 2024
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
The Big Read
Artisanal mining: the struggle to clean up a murky industry
...“To address artisanal mining, a number of factors need to be considered, including root causes, livelihood development and improved co-ordination of support and development efforts,” she says....
July 6, 2023
Asset allocation
Indonesia hopes global investors will follow the carmakers
...Much of Indonesia’s large labour force lacks the skills that international corporations need....
December 8, 2023
Mining
Dominic Barton appointed Rio Tinto chair
...The company counts state-backed Aluminum Corporation of China as its biggest shareholder....
December 19, 2021
Strategic Petroleum Reserve USA
Reimagining the SPR
...The Development Finance Corporation (DFC) could support resilient global supply chains while supporting economic development....
February 24, 2024
FT Moral Money Forum
Why nature’s future underpins the future of business
...GDP, he wrote, is “wholly unsuitable” for measuring sustainable development, particularly since “eroding natural capital” is how most nations have achieved economic growth....
November 30, 2023
Afghanistan
China holds security and trade talks with Taliban
...State-owned China Metallurgical Group Corporation in 2007 secured the rights to Mes Aynak, one of the world’s largest known copper reserves, but did not develop it....
May 7, 2023
FT Magazine
Battle for the American West
...Other large properties are owned by land collectives, commercial livestock operations, energy companies and mining outfits....
April 13, 2024
Unhedged
Instacart is hard to value Premium content
...We were chuffed to see a piece on our favourite private credit backwater, business development corporations, on the front page of yesterday’s Wall Street Journal....
September 12, 2023
Climate change
Wealthy nations offer Vietnam $15bn-plus deal to shift from coal
...Initial funding will come from the Asian Development Bank and the International Finance Corporation....
December 14, 2022
Live news updates from August 23: Euro hits 20-year low, Macy’s and Nordstrom trim guidance
Australia approves fertiliser plant following Aboriginal opposition
...corporation against Aboriginal groups....
August 23, 2022

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