Indonesia chases manufacturing hub dream as commodities wither

Indonesia plans to open up more sectors to foreign investors and reboot its stringent labor laws to become a regional manufacturing powerhouse rivaling Germany and South Korea.

Bloomberg News | May 7, 2019 | 12:39 pm

Trade war has wiped out $22B for materials investors

The S&P Chemical Index lost about $20 billion in market value in two days, while the metals index lost nearly $850 million.

Bloomberg News | May 7, 2019 | 12:17 pm

Lithium prices from Chile decline even as demand soars

Chile exported lithium carbonate at an average price of $12,183 per tonne, 0.9% down from the same period a year earlier.

Bloomberg News | May 7, 2019 | 11:57 am

Gold imports by India are said to have jumped ahead of festival

Inbound shipments grew to 121 tons last month from 52.8 tons a year earlier.

Bloomberg News | May 7, 2019 | 10:18 am

Faltering metals get check-up as industry gathers in Hong Kong

Base metals have had a shaky start to 2019, with a cautious Q1 advance giving way to an April drop on uncertainty about the global economy.

Bloomberg News | May 6, 2019 | 11:14 am

Oil holds above $60 as supply concerns counter Trump trade talk

Oil recovered from early declines after U.S. President Donald Trump threatened to escalate his trade war with China.

Bloomberg News | May 6, 2019 | 10:04 am

Miners in Congo face subcontracting limits under new rules

The new mining code that Congo passed last year confirmed that subcontracting in the mining industry will be limited to companies of which the majority of capital is held by Congolese.

Bloomberg News | May 3, 2019 | 9:56 am

Mining mogul battles anti-Muslim party for Australia fringe vote

The growing tide of support for populist, single-issue parties in Australia has already reshaped the political landscape, dragging both Labor and the coalition further to the right.

Bloomberg News | May 2, 2019 | 2:29 pm

Sibanye says platinum mine shaft shut until official probe

1,800 workers at the Rustenburg mine were trapped for as long as 10 hours on Tuesday after an accident with an underground transport system.

Bloomberg News | May 2, 2019 | 11:30 am

US has battery problem in race for electric car supremacy

But with demand for lithium set to boom from above 300,000 tons a year to a million tons by 2025, mining companies need to grow fast and they prefer to do so in jurisdictions they know well.

Bloomberg News | April 30, 2019 | 11:29 am

Activists slam South Africa decision to pump water to coal mines

The groups argue that damage to human health and the environment caused by the projects would exceed the benefits of cheap power.

Bloomberg News | April 30, 2019 | 10:35 am

Sherritt CEO undaunted by Trump’s tightening of embargo on Cuba

Canada’s biggest investor on the island -- now a penny stock, with its shares down more than 50% so far this year -- is feeling the pinch of Cuba’s dire economic straits.

Bloomberg News | April 30, 2019 | 10:03 am

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