A mix of political populism, higher commodity prices and the expectation electrification will spur demand for raw materials has led governments to change the rules for miners operating in their countries.
The Diamond Producers Association, which represents mining companies like De Beers, Rio Tinto and Alrosa, welcomed the FTC insistence that companies distinguish between diamonds that are mined and those that are made in laboratories.
The price, which serves as an industry benchmark for supplies of seaborne thermal coal in Asia, was 14% lower than a price agreed for the year through September this year.
