India’s macroeconomic troubles have attracted a wave of global investors betting they can eke out profits from the rising number of capital-starved businesses struggling to stay afloat.
The facility in Nickel on the Kola Peninsula near the Norwegian and Finnish borders was partly why Norway’s sovereign wealth fund blacklisted the miner a decade ago.
Worsening relations between Beijing and Canberra have stranded 74 vessels, about 8.1 million tons of coal, and an estimated 1,480 mariners off Chinese ports.
With rising commodity prices and a drop in production costs setting the stage for blowout profits, copper producers are poised for their best year in over a decade.