Indonesia's PT Aneka Tambang Tbk received a recommendation from the mining ministry for an additional 1.25 million tonnes of nickel ore exports over the next 12 months, Chief Executive Arie Prabowo Ariotedjo said on Tuesday.
India's top court on Tuesday banned the use of petroleum coke, a dirtier alternative to coal, in and around New Delhi in a bid to clean the air in one of the world's most polluted cities.
Petra Diamonds Ltd's first quarter revenue fell by 17 percent after Tanzanian government last month seized consignment of diamonds from its Williamson mine.
China’s top nickel producer, will next year start building a new project in Guangxi that will produce raw materials for electric vehicle (EV) batteries, its chairman said, looking to tap the sector’s “explosive” demand.
If successful, the mines could fetch around $2bn and complete Rio's plan to finalise its exit from the sector and focus on iron ore, copper and aluminum.
Ken MacKenzie defended CEO after attacks from activist investor Elliott Advisors prompted speculation that the end of Andrew Mackenzie's tenure was imminent.
The combination of spread stress and large flows of metal in the LME system suggests we've just witnessed a big bear-bull battle among physical players.
"[W]e expect growth in China to ease modestly over the short-term, as monetary policy tightens and housing and automotive markets soften," Mackenzie said.