Vedanta kicks off breakup with $20bn aluminium float

London-listed Vedanta Resources is ready to begin a massive break-up of its business with the demerger of its $20bn (£13bn) aluminium division. The new firm will be the world’s fourth biggest aluminium player, behind Russia’s United Company Rusal,...

Tribal India battles big business over land

Battles over forcible acquisition of agricultural land for industry are raging across India. In India’s tribal belt, indigenous tribes, known as adivasis, have upset the plans of corporate groups such as Vedanta, Tata Steel [part of Tata Group], Essar Steel and...

Papua Tribe Files $32b Lawsuit Against Freeport

Papua’s Amungme tribe on Monday lodged a new class-action lawsuit against US mining giant Freeport-McMoRan seeking $32.5 billion in material and non-material damages for the alleged illegal acquisition of its ancestral land. The action, filed at the South Jakarta...

Global Climate Battle Plays Out In World Bank

Of course, South Africa shouldn’t be building a huge new coal-fired power plant, should it? Environmental groups are right to protest at World Bank funding for such a construction. Nonetheless, we might raise our eyebrows at news that the US and UK governments...

Eskom's 'Sweetheart Deals'

Arguments around power shortages in South Africa have been raging for some time (with the mining industry grumbling over power outages). At the same time South Africa is Africa’s heaviest polluter due to its dependence on coal-fired electricity. However this...

Challenging Conventional Wisdom on Renewable Energy's Limits

In making the case for a rapid conversion away from heavily polluting energy sources like coal and nuclear power to cleaner generation, renewable energy advocates often confront the argument that their scheme is impossible due to the intermittent nature of sun and...