Certifications & Compliance

S&P Metals

• Japan bolsters loan insurance for LNG, critical minerals purchase, hydrogen supply chains
  Japan will bolster providing its loan insurance in areas including companies procuring LNG and critical minerals, as well as for developing hydrogen supply chains from July 1, Minister of Economy, Trade and Industry Yasutoshi Nishimura said June 2. The move comes as part of Japan's efforts to enhance its supply chains of critical commodities and […]
• Carbon-neutral "green steel" price premiums likely to be linked to carbon price: Brazil ABM seminar
  Green steel price premiums are likely to be linked to carbon market prices, participants in a webinar on prospects for the green steel market organized by the Brazilian Association of Metallurgy, Materials and Mining (ABM) said May 31. Price premiums paid in the future for green steel products should help finance steelworks' installations of new […]
• Aluminum producer Arconic targeting 30% reduction in GHG emissions intensity by 2030
  US-based downstream aluminum producer Arconic is targeting a 30% reduction in its scope 1, 2 and 3 greenhouse gas emissions intensity and 10% reduction in energy intensity by 2030 compared to a 2021 baseline, the company said June 1. Arconic's total GHG emissions intensity was reported at 10.28 mt CO2e/mt of third-party shipments in 2021, […]
• INTERVIEW: Recyclus Group prepares to ramp up battery recycling as black mass demand takes off
  The rapid expansion of global battery production capacity and the anticipated shortfall in the availability of essential raw materials like lithium, cobalt, nickel and copper are contributing to surging demand for black mass, top executives of UK-based battery recycler Recyclus Group told S&P Global Commodity Insights. The material requirements associated with the rapidly expanding pipeline […]
• UK carbon prices dive to multi-year lows, EU ETS disconnect widens
  UK carbon prices have plummeted close to three-year lows amid fragile compliance demand and growing macroeconomic concerns. With polluters less likely to emit carbon dioxide in the UK than in the EU, a growing price disconnect between the two compliance markets has emerged. UK carbon permits (UK Allowances) are now trading at a discount of […]
• New South Wales' cheap renewables drive sets stage for hydrogen era
  New South Wales's drive for renewable energy deployment is critical to address near-term energy shortages as coal-fired power in the Australian state closes, but should also reduce prices and in the longer term sets the stage for electrolytic hydrogen production for local use and export, market observers told S&P Global Commodity Insights. The state has […]
• China's coking coal imports from Australia forecast sharply lower in 2023
  China's coking coal imports from Australia will recover slowly in 2023 due to increasing supply from domestic miners, Russia and Mongolia, and amid high FOB Australia prices, industry sources said in a recent coking coal event. Australian imports are expected to be lower than 5 million mt in 2023 in view of higher FOB Australia […]
• US debt limit agreement would greenlight Mountain Valley gas pipe project
  The debt limit agreement reached between House Republican leaders and the White House would ratify federal permits for the 304-mile, 2 Bcf/d Mountain Valley Pipeline, likely clearing the path for the long-delayed natural gas project to advance this year -- provided Congress approves the bill. Legislative text of the agreement between President Joe Biden and […]
• Stahl-Holding-Saar sees 'toughest time' ahead for its German steel mills
  Stahl-Holding-Saar, the German parent of steel mills Dillinger and Saarstahl, was expecting the "toughest time" in the company's history, driven by rising scrap shortages and expected higher production costs, CEO-elect Stefan Rauber said May 26. Rauber will take over as CEO from Karl-Ulrich Kohler on July 7. On a call to announce the change in […]
• INTERVIEW: Japan to boost critical minerals security with G7, 'like-minded countries'
  Japan will boost critical mineral resources development together with the G7 and other "like-minded countries" as part of its efforts to bolster its economic security, a top government official told S&P Global Commodity Insights May 26, with Tokyo having secured a record supplementary budget of more than Yen 200 billion ($1.4 billion) for mineral resources […]