Anglo American and Codelco have signed a landmark agreement to coordinate their copper operations in Chile. Through Anglo American Sur S.A. (AAS), the partners will integrate mine plans for Los Bronces and Andina, two neighboring sites. This deal, approved by both boards, builds on a memorandum of understanding signed in February 2025.

Let’s unlock all details about this deal:

Anglo and Codelco’s $5B Copper Leap

The plan unlocks 2.7 million tons of additional copper over 21 years, starting in 2030 once permits are secured. Annual output will rise by about 120,000 tons, split equally between both companies. Costs are expected to fall by roughly 15% compared to standalone operations, with minimal new capital required.

This integration could generate a pre-tax NPV uplift of at least $5 billion, evenly shared by AAS and Codelco. Combined output from the two sites would place them among the world’s top five copper mines, up from their current top 10 ranking.

A new jointly owned operating company will oversee the plan and optimize processing capacity across Los Bronces and Andina. While copper production and profits will be split equally, both Anglo American and Codelco will keep ownership of their assets and continue to manage their concessions.

The alliance also allows flexibility. Each company can still pursue independent projects, including underground resource development, while coordinating operations under the joint framework.

Duncan Wanblad, CEO of Anglo American, said,

“Copper is a vital resource for the global energy transition and is at the forefront of our growth ambitions. We are delighted to finalise this landmark agreement with Codelco, ushering in a new chapter for Los Bronces and Andina, which are two exceptional copper assets. I am immensely proud of the collaboration between Anglo American and Codelco, which has brought this ambitious vision to life. Together, we are demonstrating what is possible when two leading copper mining companies work together with a shared purpose and commitment to excellence. I express my sincere gratitude to our partners in Anglo American Sur – Mitsubishi and Mitsui – without whose support this would not have been possible. The outstanding work of our teams reinforces our confidence in the joint mine plan and the expected more than $5 billion of additional pre-tax value for Anglo American Sur and Codelco. Together we are unlocking the full value potential of these neighbouring assets and one of the world’s premier copper resource endowments, for the benefit of all stakeholders and, of course, for Chile.”

Máximo Pacheco, Chairman of Codelco, also emphasized,

“We are reliable companies that honour our commitments. In just eight months, we finalised the joint mining plan we announced in February. I value that this process included the voices of workers, as well as the intense effort, remarkable capabilities, and outstanding professionalism of our teams, who succeeded in reaching an agreement that had been waiting for years. We can now maximise the potential of the Andina-Los Bronces mining district without major investments and with significantly greater returns. This collaboration for sustainable mining will also help meet the urgent need for more critical minerals for the energy transition, in a world where copper production has so far remained stagnant.”

Commitment to Sustainability and Communities

Both parties agreed to a set of principles guiding the plan’s execution. These include maintaining environmental safeguards and supporting existing social programs. The joint approach aims to set new standards for innovation, efficiency, and sustainable mining.

The transaction remains subject to regulatory and competition approvals, along with environmental permits expected before operations begin in 2030.

• READ MORE: Copper Demand Set to Hit 37M Tonnes by 2050—Can Supply Keep Up?

Chile’s Copper Strength in the Global Energy Transition

Chile remains the world’s largest copper producer, accounting for 24–30% of global output. Copper exports are the backbone of its economy, driving GDP, trade surpluses, and government revenues.

In 2024, Chile exported $103 billion worth of goods, with total exports including services reaching over $105 billion. This created a trade surplus of $14.8 billion, underscoring the nation’s global competitiveness. China continues to lead as the top buyer of Chile’s copper, alongside the U.S., Japan, and South Korea.

• RELATED: A 60-Year-Old Copper Split Is Re-Emerging

Copper Demand Outlook

IEA data revealed that global demand for refined copper (excluding scrap) reached nearly 27 million tonnes in 2024. Forecasts show this figure climbing to 33 million tonnes by 2035, and as high as 37 million tonnes by 2050.

The electric vehicle (EV) transition, renewable energy expansion, and infrastructure growth are fueling this surge. For Chile, this creates a long-term opportunity to leverage its resource advantage.

Chile’s Export Strategy Beyond 2025

Looking ahead, Chile plans to strengthen exports by moving up the value chain. That means shifting from unrefined copper concentrate, currently about two-thirds of its output, to higher-value refined products and processed metals. The country also aims to expand exports in agroforestry and advanced food processing.

This strategy positions Chile not only as the world’s top copper supplier but also as a leader in sustainable and value-added trade. With the Anglo American–Codelco alliance, Chile is set to reshape the global copper market while reinforcing its role in powering the clean energy transition.

• READ MORE: Anglo American and Teck Create a $50B Copper Giant to Fuel the Clean Energy Revolution 

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Taiwan Semiconductor Manufacturing Company (TSMC) continues to set new benchmarks in both market performance and environmental responsibility. Recently, the company’s stock (TSM) hit a record-high closing price of NT$1,280, pushing Taiwan’s main stock index to an all-time peak.

Investors responded positively, betting on U.S. Federal Reserve rate cuts and rising demand for artificial intelligence (AI) technologies. But behind the market excitement lies a deeper story. TSMC’s leadership in semiconductor manufacturing and its bold climate action strategy are driving long-term value for shareholders and the planet.

Why Investors Are Bullish on TSMC (TSM Stock)

In the second quarter of 2025, the fab giant expanded its global foundry market share to 38%, up from 31% a year earlier. This jump signals how effectively the company is capturing opportunities in advanced chipmaking.

Counterpoint Research reports that TSMC accounted for nearly three-quarters of the revenue growth in the fast-growing “foundry 2.0” market. This segment, which focuses on next-generation semiconductor production, grew by 19% year-over-year.

The company’s rapid 3nm process ramp-up, along with high utilization of its 4nm and 5nm nodes for AI-related chips, positions it at the forefront of innovation.

Furthermore, MediaTek’s announcement that its next flagship chip will use TSMC’s 2nm process underscores the company’s industry leadership. Investors recognize that TSMC’s advanced technologies are critical to powering AI, 5G, and cloud computing.

AI-Driven Growth Fuels Future Prospects

The much-hyped semiconductor demand is soaring as companies deploy AI chips in data centers, autonomous vehicles, and edge devices. As per reports, its flagship CoWoS (Chip-on-Wafer-on-Substrate) packaging capacity is expected to reach between 65,000 and 75,000 wafers per month by the end of 2025, with further expansion to about 100,000 units by 2026.

This capacity expansion gives TSMC a competitive edge, ensuring it remains the supplier of choice for high-performance AI chips.

The entire supply chain benefits from this growth. Additionally, Advanced Semiconductor Engineering (ASE), a key player in outsourced assembly and test services, saw an 11% increase in revenue. Thus, rising demand for sophisticated packaging solutions confirms that AI-driven expansion is reshaping the industry.

TSMC’s Strong Financials Support Long-Term Investment Confidence

Investors are drawn to TSMC’s resilience. In August 2025, the company’s revenue hit NT$335.77 billion—up 3.9% from the previous month and 33.8% from August 2024. Year-to-date revenue through August reached NT$2,431.98 billion, marking a 37.1% increase compared to 2024.

This growth reinforces TSMC’s reputation as a stable, high-performing investment. The company’s diverse client base, advanced manufacturing capabilities, and strategic expansion into AI markets strengthen its long-term outlook.

• ALSO SEE: TSMC Dominates AI Chip Market with Record Sales—But Can It Tackle Its Rising Emissions?

Climate Action: A Competitive Edge for Investors

While growth captures headlines, TSMC’s commitment to sustainability builds deeper trust with investors and stakeholders. The semiconductor industry is energy-intensive, and responsible climate action is now a key differentiator.

• In 2024, TSMC’s total greenhouse gas emissions reached 21 million metric tons of CO₂ equivalent.
• Electricity usage (Scope 2) caused 52% of TSMC’s emissions, while its supply chain (Scope 3) contributed 39%, and direct processes (Scope 1) accounted for 9%.

Emissions increased by 8% compared to the previous year, and emissions per product unit rose by 19%. While the company missed its reduction targets, it swiftly accelerated its efforts to improve energy efficiency and reduce its carbon footprint.

Key Climate Initiatives Driving Impact

Last year, the company installed or upgraded more than 3,400 scrubbers at manufacturing sites, cutting 390,000 metric tons of direct emissions.

It added nine new green factories certified by LEED Gold or higher, bringing its total to 51 eco-certified facilities. These buildings use energy-saving designs and materials that enhance operational efficiency.

Recognizing that reducing supply chain emissions is essential, TSMC introduced its “Supply Chain Carbon Reduction Action Strategy.” This framework focuses on performance tracking, supplier support, motivation incentives, and collaborative innovation, encouraging suppliers to adopt low-carbon practices.

Renewable Energy Drives TSMC’s Climate Action

Renewable energy leads TSMC’s climate roadmap. In 2024, its Taiwan fabs used 1,450 GWh of renewable power. Meanwhile, its global offices ran entirely on renewable electricity, and all CO₂ emissions from overseas sites were fully offset. As a result, TSMC has achieved net-zero electricity-related emissions for seven straight years.

Looking ahead, the company aims to source 40% of its electricity from renewables by 2030. It also fast-tracked its goal to reach 100% renewable energy by 2040—ten years earlier than planned.

Through initiatives like roof-mounted solar panels and maximizing renewable installations, TSMC boosted its renewable energy use to 3,610 GWh in 2024. By year’s end, it secured 4.4 GW of renewable energy contracts, cutting an estimated 5.23 million metric tons of CO₂ emissions annually.

Bringing Bees Back: How TSMC’s Green Efforts Revived Local Ecosystems

The company’s environmental initiatives have restored ecosystems around its manufacturing sites, resulting in unexpected benefits for biodiversity. After reintroducing plant species suitable for pollinators, bees naturally returned to areas near TSMC’s fabs.

Recent reports say that the company partnered with local beekeepers and Taiwan’s Tunghai University to produce “Ji Mi,” a branded honey cultivated in and around its factories. The project not only supports pollinators but also creates new community livelihoods.

The post TSMC Stock Gains on 38% Semiconductor Market Share, AI Breakthroughs, and Sustainability Efforts appeared first on Carbon Credits.

Uber Technologies has reached an all-time stock high of about $98.85 on September 16, signaling strong investor confidence in the company’s growth strategy. In the last year, Uber’s share price rose by over 70%. This growth was driven by higher demand for ride-hailing, delivery expansion, and more people using its premium services. 

Revenue has expanded by nearly 18% year over year, reflecting Uber’s ability to scale across different business lines. The company now has over 150 million monthly active users worldwide, underscoring its scale and reach.

The latest announcement linking Uber with Blade Air Mobility through Joby Aviation has added momentum. Investors see this as more than a transportation deal—it’s a sign that Uber is serious about entering the next wave of mobility innovation.

From Street to Sky: Uber’s Boldest Move Yet

Joby Aviation, a leader in eVTOL (electric vertical take-off and landing) aircraft, bought Blade’s passenger business for up to $125 million. Blade is well known for its helicopter and seaplane operations, which carried over 50,000 passengers in 2024. Its flights connect key urban markets, including New York, the Hamptons, and Southern Europe.

By 2026, Uber users will be able to book Blade flights directly through the Uber app. This means a customer in Manhattan could book a ride to the airport and seamlessly add a helicopter leg through Blade, all within the same app. 

Joby aims to replace Blade’s helicopters with eVTOL aircraft. These new planes will be quieter and produce fewer emissions. This change supports climate goals.

This integration makes Uber one of the first big ride-hailing companies to add air mobility to its platform. Joby gains instant access to Uber’s huge global customer base. Meanwhile, Blade enjoys greater reach and operational scale.

Why Investors Are Flying High on Uber

The deal comes at a time when Urban Air Mobility (UAM) is emerging as a high-growth sector. The global UAM market was about $5.4 billion in 2023. It is set to grow over 30% each year, reaching around $30 billion by 2030.

For Uber, this move opens up access to a premium segment with much higher average fares than traditional car rides. Short flights from airports to city centers can cost hundreds of dollars each trip. This leads to higher revenue per passenger.

For Joby, pairing with Uber lowers customer acquisition costs and speeds up market acceptance of its eVTOL technology.

Investor enthusiasm reflects these possibilities. Uber’s new all-time high signals that markets see the company as more than a ride-hailing and food delivery platform. It is now viewed as a diversified mobility company preparing for future transportation needs.

The Race for Urban Air Supremacy

Urban air mobility is drawing heavy interest from startups and established aerospace players alike. Archer Aviation, Lilium, and Vertical Aerospace are all working on eVTOL aircraft. Boeing and Airbus are also monitoring the space, given their long history in aviation.

Joby has a clear edge. It was one of the first to secure key approvals from the U.S. Federal Aviation Administration (FAA). It also signed contracts with the U.S. Air Force worth over $100 million, giving it valuable testing and revenue. Acquiring Blade’s passenger business provides immediate infrastructure, like lounges and landing sites. Many competitors don’t have these.

By combining this with Uber’s app integration, Joby has a unique first-mover advantage. Customers can still use helicopters and seaplanes today. They can then switch to eVTOL flights when certification is done. This hybrid model provides revenue now and builds customer trust for the future.

• RELATED: JOBY Aviation Stock Soars on Blade Acquisition and Electric Air Taxi Commercial Launch Plans

Flying Cleaner: Uber’s ESG Takeoff

Uber seeks to grow its mobility services, including air travel, in a way that supports climate goals. The air mobility deal aligns with Uber’s sustainability targets and its efforts to reduce emissions.

Uber has committed to becoming a zero-emission mobility platform globally by 2040. This includes rides, deliveries, and using public transit or micromobility (like bikes and scooters).

It also aims that by 2030, 100% of rides in the U.S., Canada, and Europe will be zero-emission. Here are Uber’s recent progress highlights:

• As of Q1 2025, Uber has more than 230,000 active zero-emission (ZEV) drivers globally. That is over 60% more than in the same period a year ago.
• In that same quarter, drivers using ZEVs completed over 105 million emission-free trips globally, more than 60% more than a year earlier.
• In many European cities (like London, Amsterdam), over one in every three miles traveled on Uber is now electric.
• Uber has committed $800 million through 2025 to support drivers switching to EVs. By the end of 2023, it had already allocated $439 million.

By adding air mobility with Joby’s eVTOLs, Uber can cut emissions per trip by 50% to 80% compared to helicopters. This helps Uber move closer to its net-zero goals.

Market Outlook for Urban Air Mobility

The long-term outlook for UAM is strong, driven by several trends, including:

• Urban Congestion: Cities like New York, Los Angeles, and Tokyo face heavy traffic. Short flights save time and reduce road emissions.
• Technology: Advances in battery density are extending eVTOL range to 150+ miles.
• Policy Support: Governments are backing clean aviation, with the U.S. Federal Aviation Administration and European Union Aviation Safety Agency both advancing certification frameworks.
• Funding: Billions in private and public capital are flowing into advanced air mobility. For example, Archer Aviation secured $1.1 billion in funding from Stellantis and the U.S. Air Force.

If Joby and Uber succeed, they could set the standard for how urban air mobility integrates with everyday transportation. Analysts predict that by the early 2030s, millions of passengers may fly on eVTOL aircraft each year. This growth will be backed by networks of vertiports in major cities. 

McKinsey & Company reported that by 2030, top companies in advanced air mobility (AAM) may run fleets larger than today’s biggest airlines. Their aircraft will carry one to six passengers, plus a pilot, on short trips averaging about 18 minutes.

Skybound Future of Mobility

The partnership between Joby Aviation, Blade Air Mobility, and Uber represents a major step forward in the future of transportation. Uber’s stock hitting a record high highlights the excitement around this deal and the opportunities it creates. 

Adding air mobility to the Uber app boosts the platform. It draws in high-value customers and prepares Uber for the future of travel.

For Joby, the integration accelerates the rollout of its eVTOL technology by pairing it with Blade’s infrastructure and Uber’s global reach. While challenges remain—especially around regulation, infrastructure, and cost—the momentum is clear. Urban air mobility is no longer just a futuristic idea; it is on the verge of becoming part of everyday travel.

With strong investor support, expanding customer demand, and groundbreaking partnerships, Uber, Joby, and Blade are helping to redefine what it means to move through cities.

• READ MORE: Uber Accelerates Robotaxi Ambitions With Baidu and Lucid Partnerships

The post Uber Stock Hits Record High with Joby and Blade Air Mobility Deal appeared first on Carbon Credits.

The United States and the United Kingdom have announced a landmark initiative called the Atlantic Partnership for Advanced Nuclear Energy. This partnership aims to speed up the development and deployment of next-generation nuclear technologies. These include small modular reactors (SMRs) and microreactors. They are smaller, more flexible, and often cheaper to build than traditional nuclear plants.

Both nations view this agreement as a way to secure their energy futures while also cutting carbon emissions. The partnership involves sharing research, aligning regulations, and boosting supply chains for nuclear parts and fuel.

By doing so, the US and UK hope to accelerate projects that can deliver reliable, clean power not only at home but also to global markets.

The announcement comes at a time when energy security and climate change are pressing issues. Recent global events, like rising fossil fuel prices and supply issues, highlight the need to diversify energy sources. And nuclear energy is gaining attention again. It can provide steady, low-carbon electricity. This makes it a key part of our energy mix.

Oklo’s Meteoric Rise

The news has sent ripples through the financial markets. Companies in advanced nuclear technology feel the impact the most. One of the biggest winners is Oklo Inc. (OKLO).

The company focuses on creating compact microreactors. These reactors provide clean, reliable power for various needs, including industrial operations, military bases, and remote communities.

Oklo’s stock has been on a dramatic upward path after the announcement:

• 1,460% increase in one year — rising from $6.20 on September 16, 2024, to $96.70 today.
• 30% gain in just five days, from September 11 to September 16, 2025.

This performance has positioned Oklo as one of the standout companies in the clean energy sector. Investors believe the company’s technology and solid policy support will make it key in the global nuclear revival.

Moreover, Oklo was chosen by the U.S. Air Force in June to build a microreactor at Eielson Air Force Base in Alaska. It has a capacity of up to 75 megawatts of combined electrical and thermal power. The project will be designed, built, owned, and operated by Oklo on-site, helping the base cut fuel deliveries and improve energy security.

• READ MORE: Oklo Stock Soars After U.S. Air Force Nuclear Energy Deal
• RELATED: The 3 “Tells” That Will Move Energy Stocks Before Any Handshake Does

Why Nuclear Energy is Back in Focus

The renewed focus on nuclear energy is not accidental. The world is experiencing rapid growth in electricity demand.

According to the International Energy Agency (IEA), global electricity use could rise by 30% between 2023 and 2030. A lot of this growth will come from electric vehicles, industrial electrification, and big data centers. These centers are needed to support artificial intelligence and cloud computing.

At the same time, governments around the world have pledged to reduce greenhouse gas emissions to net zero by the middle of the century. Nuclear energy already provides 10% of global electricity and about 25% of all low-carbon power. Without nuclear, meeting climate targets would be much more difficult.

The Intergovernmental Panel on Climate Change (IPCC) has also emphasized the role of nuclear in reducing emissions. Their reports show that doubling or tripling nuclear power by 2050 could cut billions of tons of CO₂ from the global energy system.

The chart below from Katusa Research shows how much nuclear power the world needs by 2050 in different scenarios.

Small Reactors, Big Promise

Traditional nuclear plants are large, costly, and can take more than a decade to complete. In contrast, advanced reactors are designed to be smaller, modular, and easier to construct. Oklo’s main project, the Aurora microreactor, provides about 1.5 megawatts of electricity. This is enough to power hundreds of homes or a small industrial site.

Aurora reactors are designed to run for up to 20 years without refueling. Oklo is also developing technologies to recycle used nuclear fuel. This process turns waste into a resource, enhancing the sustainability of nuclear energy.

The US-UK partnership is expected to speed up the demonstration and deployment of advanced reactors. Both countries aim to launch new nuclear designs in under a decade. They plan to do this by aligning regulations and funding demonstration projects.

• SEE MORE: U.S. DOE Backs 11 Advanced Nuclear Reactors Under Trump’s Fast-Track Pilot Program

Billions Flowing Into Atoms

The nuclear industry is experiencing a wave of new investment. The IEA says that yearly investment in nuclear energy should double to around $120 billion by 2030. This growth comes as governments and companies seek reliable, clean power.

Several countries are already moving forward with SMR projects. Canada has committed $970 million to develop SMRs in Ontario. Poland and Romania are working with US-based companies to deploy new reactor designs. Japan, South Korea, and France have also signaled stronger support for nuclear after years of slower growth.

Oklo stands out in this context because of its early-mover advantage in microreactors. Its reactors are smaller than most SMRs. This makes them ideal for specialized markets such as off-grid industries, island nations, and military uses. This flexibility gives the company a potential edge as countries and companies look for clean, scalable power solutions.

• SMART TAKE: What is SMR? The Ultimate Guide to Small Modular Reactors

Investor Bet on Oklo

Oklo’s stock rally is part of a broader trend of growing investor enthusiasm for nuclear. Over the past year, companies tied to the nuclear sector have outperformed broader market indexes.

While the S&P 500 gained around 12% in the past 12 months, Oklo’s more than 1,400% increase stands out as extraordinary. By comparison, NuScale Power, another SMR developer, has seen more modest stock performance as it works to advance its projects.

The surge highlights both the opportunities and risks of investing in emerging nuclear technologies. Oklo still has big challenges ahead. They need regulatory approvals and must scale up manufacturing. However, the market is signaling confidence that Oklo’s approach aligns with the global push for clean, dependable power.

What This Means Going Forward

The Atlantic Partnership for Advanced Nuclear Energy marks a turning point in transatlantic cooperation. The US and UK are joining forces. By sharing their expertise, resources, and political will, they send a strong message: Nuclear energy will be key to their strategies.

For Oklo, the timing could not be better. Investor enthusiasm is high, government policies are supportive, and demand for clean energy is rising. And so, the company can take advantage of the nuclear boom.

If Oklo can deliver on its promises, it could help reshape the way the world thinks about nuclear power. Microreactors could become common in places where traditional reactors were never an option, from rural communities to industrial hubs.

The company’s story also reflects a larger shift. Nuclear power, once seen as a legacy technology, is now being recast as a driver of innovation and climate action. The mix of private-sector energy and government support could finally unleash its full potential.

• READ MORE: IAEA Predicts Doubling Nuclear Capacity by 2050—SMRs and Reactor Life Extensions Lead the Way

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