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LME copper prices at 9-year high

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On 19 February, LME cash prices for copper hit a nine-year peak of US$8,806.50/t. Strong ocean swells delayed the loading of concentrate and refined metal shipments onto vessels from Chile and Peru during January, while delays of up to three months are reported in Ningbo port for containerized scrap to be inspected and cleared by customs.

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BNEF: cost of new renewables rises as inflation starts to bite

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The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). BloombergNEF’s estimates for the global LCOE for utility-scale PV and onshore wind rose to $45 and $46 per megawatt-hour (MWh), respectively, in the first half of 2022.

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7 companies launch Green Hydrogen Catapult to increase green H2 production 50-fold over next 6 years

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Recent analysis suggests a US$2/kg price represents a potential tipping point that will make green hydrogen and its derivative fuels the energy source of choice across multiple sectors—including steel and fertilizer production, power generation, and long-range shipping—where ample near-term demand exists in Europe and elsewhere.

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Opinon: Lithium Market Set To Explode; All Eyes Are On Nevada

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Most of the world’s lithium comes from Argentina, Chile, Bolivia, Australia and China, but American resources being developed by new entrants into this market have set up the state of Nevada to become the key venue and proving ground for game-changing trade in this everyday mineral.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. billion, level with 2019 despite falling unit prices. billion, and wind (onshore and offshore) down 6% at $142.7 billion, down 12%. billion, down 12%. billion.

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EC JRC finds delivery of large amounts of green hydrogen over long distances could be cost-effective

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Renewable hydrogen is an energy carrier produced from renewable sources such as wind and solar and can be used to replace fossil-based hydrogen for industrial processes or as alternative fuel in the transport sector, especially in heavy-duty and long-distance trucks, buses, ships and planes.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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billion of final investment decisions on offshore wind projects in Europe. A continuing sharp decline in technology costs—particularly in solar but also in wind—meant that every dollar invested in renewable energy bought significantly more generating capacity in 2014. Additional to China, Brazil ($7.6 billion), India ($7.4

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