The nickel market has been thrown into chaos after a flood of new supplies from Indonesia — the result of huge Chinese investment and major technological breakthroughs.

A review of current developments in the global lithium industry from Jan. 26 to Feb. 2.

Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw materials.

LME clearing house has reshuffled its management team with the appointment of a new COO, a CRO and head of clearing risk.

The state fund will focus on cobalt, copper, lithium, silicon, rare earths projects, including in extraction, processing and recycling.

The funds are for a project from Controlled Thermal Resources Holdings Inc., known as CTR, in California.

Other producers including BHP have put nickel projects on ice to counter falling prices for the metal.