Coal India's plan to diversify into mining metals such as copper and nickel with no prior experience is being seen by analysts as a long-term strategy to firm up revenues, with no immediate results in sight.
Albemarle said it could invest $1-billion in Chile over the next 5 years if request to the government to let it extract 125,000 tonnes per year is approved.
Hong Kong stock exchange plans to launch a U.S. dollar-denominated, cash-settled iron ore futures contract in Hong Kong to compete with U.S. & Asian rivals.
After months of negotiating with U.S. giant Freeport-McMoRan Inc, minister Ignasius Jonan secured majority local ownership of Grasberg gold and copper mine.
Affected by a domestic coal shortage, Poland's largest exporter Weglokoks had to order a shipment from the US so that it can honour contracts with its overseas buyers.
The billionaire inventor of the bagless vacuum cleaner said his company was building an electric car which will launch by 2020, the latest firm to challenge traditional carmakers in a burgeoning market.