Accessibility helpSign InSubscribeFinancial TimesSubscribeSign InHomeWorldWorld HomeMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaKharg Island: Iran’s oil lifeline that Trump has left untouchedWhich economies will pay the biggest price for the Iran war?G7 discuss joint release of emergency oil reservesFarage misses out on Trump meeting as their relationship coolsTrump’s Venezuela strategy has failed in IranUSUS HomeUS EconomyUS CompaniesUS Politics & PolicyKharg Island: Iran’s oil lifeline that Trump has left untouchedWhich economies will pay the biggest price for the Iran war?Farage misses out on Trump meeting as their relationship coolsTrump’s Venezuela strategy has failed in IranIran war will leave a complex geoeconomic legacyCompaniesCompanies HomeEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportKharg Island: Iran’s oil lifeline that Trump has left untouchedWhich economies will pay the biggest price for the Iran war?G7 discuss joint release of emergency oil reservesEx-EY executive launches private equity-backed tax firm to challenge Big FourGilt market slump deepens as traders bet on BoE rate riseTechTech HomeArtificial intelligenceSemiconductorsCyber SecuritySocial MediaSheryl Sandberg and Nick Clegg join Nvidia-backed AI start-up NscaleKKR eyes multibillion-dollar sale of data centre cooling companyPalmer Luckey’s $1bn pitch to reboot 1990s video game consolesIs South Korea’s dominant online retailer an American company?Samsung seeks AI deals to challenge Apple’s smartphone leadMarketsMarkets HomeAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingKharg Island: Iran’s oil lifeline that Trump has left untouchedWhich economies will pay the biggest price for the Iran war?G7 discuss joint release of emergency oil reservesIran war will leave a complex geoeconomic legacyGilt market slump deepens as traders bet on BoE rate riseClimateOpinionOpinion HomeColumnistsThe FT ViewThe Big ReadLexObituariesLettersTrump’s Venezuela strategy has failed in IranIran war will leave a complex geoeconomic legacyAmerica chose this war — and must now choose how to end itWhy it’s time to end the grim march of the touchscreenStagflationary forces are buildingLexWork & CareersWork & Careers HomeBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItWhy it’s time to end the grim march of the touchscreenYou can turn this to your advantage if every news story has ‘tax exile’ in itGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnPapier founder: ‘I don’t own stocks or shares — it’s too much risk’Business school professors’ picksLife & ArtsLife & Arts HomeArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterHow to wear a tie: HTSI’s definitive guideWe’ll always have DubaiPalmer Luckey’s $1bn pitch to reboot 1990s video game consolesTrump’s war on Iran is spreading. Where does it stop?The curse of the ancient lead tabletsHow To Spend ItCompaniesEnergyMiningHomeWorldUSCompaniesTechMarketsClimateOpinionLexWork & CareersLife & ArtsHow To Spend ItFinancial TimesSubscribeSign InCoalLex. Amid European energy fears, coal creeps back into favourA protracted conflict in the Middle East would dent expectations that global coal consumption will start to fallEuropean companiesGlencore wades into battle for former FTSE minerSwiss group proposes to support Shakhmurat Mutalip, who is close to finalising deal for a stake in Eurasian Resources GroupClimate changeChina sets cautious climate goals in five-year plan as coal remains core‘Underwhelming’ target leaves room for increase in energy and industry emissions in years to 2030, experts sayCoalCoal prices jump as utilities seek alternative to gasEnergy crisis sparked by war in Iran has raised prospect of restarting mothballed coal power plantsDeep-sea miningThe Big Read. China’s rising influence over the oceansIt has been hailed as a diplomatic triumph, but some worry it could become a vehicle to increase China’s influence over the high seasAfrican economyAfrica should not pick sides in minerals race, says ZambiaCountry’s president says continent’s resource-rich countries are in strong negotiating positions with investorsLithiumUK’s first commercial lithium plant opens in boost to domestic metals miningGEL among British groups racing to realise projects as west looks to secure local supplies of critical mineralsRare earthsJapan mines Pacific Ocean mud for rare earths to counter China’s chokeholdOcean floor resources could help protect supply chains from Beijing’s export bansClimate changeAmerica is becoming a petrostateThe Trump administration’s energy policy will make the country sicker and poorerRana ForooharClimate changeUS allows coal plants to emit more toxic mercury into the airEnvironmental Protection Agency rollback of standards marks latest move to boost fossil fuelsDiamonds and gemstonesAnglo American writes off half the value of De BeersCharge of $2.3bn is FTSE 100 miner’s third writedown of diamonds business in three years amid prolonged market slumpIndustrial metalsLex. Metals traders will benefit from a fractured worldTariffs have supercharged turbulence in commodity marketsEuropean companiesEramet shares slump as financial and governance crisis deepens at minerFrench group announces plans for asset sales and capital raise weeks after firing of chief executiveCorporate earnings and resultsRio Tinto defends growth prospects after failed Glencore talksAnglo-Australian miner reports 11% rise in copper production last yearGlencoreGlencore seeks big-ticket deals after Rio Tinto megamerger collapseSwiss mining group reports first financial results since failure of tie-up talksCopperUS copper problem is processing, not supply, study findsNew data highlights the need for processing of the metal vital for power grids and electronics, rather than stockpilingBHP Group LtdWorld’s largest miner BHP profits from pivot towards copperRed metal accounts for more than half of underlying core earningsUS politics & policyTrump orders US defence department to buy coal-generated electricityExecutive order also allocates $175mn to upgrade coal power plants in five statesIndustrial metalsNickel price jumps as Indonesia slashes quota at world’s biggest mineSouth-east Asian country cuts quotas in bid to drive up pricesEnergy SourceWill Washington’s $12bn Project Vault launch a minerals hoarding race?Stockpiling runs counter to a multilateral approach as western nations race to reduce dependence on China, warn analystsDe BeersDe Beers likely to be sold to consortium, Anglo chief saysDuncan Wanblad says buyer will probably include both government and private entitiesEuropean companiesFrench mining group Eramet suspends finance chief days after ousting CEOAbel Martins-Alexandre was close to chief executive Paulo Castellari, whose removal was supported by top shareholdersMergers & AcquisitionsLex. Rio Tinto and Glencore may yet get their happy endingTime will ratchet up the pressure on both sides to come togetherCommoditiesWhy Rio Tinto walked away from GlencoreMerger talks to create the world’s biggest miner collapsed despite a scramble for copperEnvironmentEuropean Commission sued over landmark lithium project in Portugal‘Strategic’ status of Barroso mine challenged by environmental campaignersJoin us at an FT Live eventFT LiveCommodities Global SummitFT LiveMetals & Mining SummitFT LiveAfrica SummitExplore all eventsHelp CentreContact UsAbout UsAccessibilityCareersSuppliersTerms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & PoliciesShare News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT SchoolsPortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency ConverterFT Live EventsFT ForumsFT Leaders AcademyMore from the FT GroupFT Editorial Code of PracticeUKSubscribe for full accessHomeWorldMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaUSUS EconomyUS CompaniesUS Politics & PolicyCompaniesEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportTechArtificial intelligenceSemiconductorsCyber SecuritySocial MediaMarketsAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingClimateOpinionColumnistsThe FT ViewThe Big ReadLexObituariesLettersLexWork & CareersBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItLife & ArtsArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterPersonal FinanceProperty & MortgagesInvestmentsPensionsTaxBanking & SavingsAdvice & CommentHow To Spend ItSpecial ReportsAlphavilleFT EditLunch with the FTFT Globetrotter#techAsiaMoral MoneyVisual and data journalismNewslettersVideoPodcastsNews feedFT SchoolsFT Live EventsFT ForumsFT Leaders AcademymyFTPortfolioFT Digital EditionCrosswordOur AppsHelp CentreSubscribeSign In
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