Agarwal wants to build Indian commodity giant to rival majors

Copper stocks in LME warehouses, at 56,800 tonnes, have fallen by more than 25% since the middle of March.

Automakers and steelmaking companies have shown interest in the technology, according to Gerard Barron.

Ecuador has abundant mineral reserves but has lagged behind regional neighbors such as Peru and Chile in large-scale mining development.

Both deals — if completed — would rank among the top 10 biggest takeovers of metals producers.

World’s top 50 mining companies build on gains in the first quarter of 2023, but remain well below valuations this time last year as M&A fever grips the sector.

The restrictions have increased more than five-fold in the last decade to a point where 10% of the global value of exports is subject to at least one measure, the OECD says.

China signaling weak activity capped gains as the market looked ahead to the US inflation.

The investment allows Rio to maintain its approximate 7.84% interest.

The exchange has not banned Russian metals from being traded and stored in its system since Moscow invaded Ukraine.