China’s Chalco Aluminum plans $1.4bln share sale

A highly anticipated third plenum that started from Monday will outline efforts to promote advanced manufacturing.

Oversupply and weak prices of materials such as lithium, cobalt and rare earths are dampening cash flows of Western start-ups.

Meeting is considered pivotal for the UN body, expected to finalize its decade-long effort to enact regulations by 2025.

The short-term deal is to ship 100,000 dry metric tonnes of spodumene concentrate to Beijing Sinomine over 10 months.