Vale Metals appoints mining veteran Shaun Usmar as CEO
Usmar has more than 30 years of industry experience, with his latest role as founder and CEO of Triple Flag Precious Metals.
The London Metal Exchange (LME) has added cobalt metal produced by Quzhou Huayou Cobalt New Material to its list of approved brands for delivery against its physical contract, the exchange said on Tuesday.
Other Chinese companies producing cobalt approved for delivery against the LME contract, launched in 2010, include Jinchuan Group, Yantai Cash Industrial and GEM (Jiangsu) Cobalt Industry, according to the LME website.
(By Pratima Desai; Editing by David Goodman)
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