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.
Following its emergence from bankruptcy protection three months ago, Stelco filed Wednesday a preliminary prospectus with securities regulators in Canada for a proposed initial public offering of its shares.
After months of negotiating with U.S. giant Freeport-McMoRan Inc, minister Ignasius Jonan secured majority local ownership of Grasberg gold and copper mine.
