Column: Electric dreams turn into a nightmare for battery metals
A sector that was once racing to build new supply has been closing mines and deferring projects as low prices bite into the cost curve.
Hong Kong-based Regent Pacific Group Ltd said it would consider reinstating debt funding for its original bid for Australian iron ore producer BC Iron Ltd.
This move follows a decision by Australia’s Takeovers Panel declaring a case of “unacceptable circumstances” for Regent’s “purported termination” of its takeover scheme with BC Iron.
