Rio has agreed to increase the dissent condition under the agreement from 12.5% to 17.5% of Turquoise Hill shares issued and outstanding.

The battery materials business is one of two major investment projects at BASF.

The head of the European Central Bank said further interest rises would come despite the rising probability of a euro zone recession.

A US Transportation and Infrastructure House Committee report recommends asking the attorney general to investigate alleged false statements made by the company to Congress.

Rio recently raised its offer but still faces opposition from multiple parties including Turquoise Hill's second-largest shareholder.

Vale is seeking to raise more than $2 billion from the deal, Bloomberg sources say.

The government ordered primary aluminum producers to cut their power usage by at least 10% in September.

Top banks are reinforcing their metals divisions to cash in on the volatility that’s lifted trading profits over the past three years.