Copper price set for smallest quarterly gain since March 2020
China curbs and expectations of sooner-than-anticipated policy tightening in the United States have pressured prices.
China curbs and expectations of sooner-than-anticipated policy tightening in the United States have pressured prices.
The nickel miner has taken 49% in a joint venture that gives it 25% in the Greenbushes lithium mine and 49% in the Kwinana processing plant in Western Australia.
Royalty and streaming companies have grown in number and popularity over the years.
Russia has proposed introducing an export duty on steel, copper, nickel and aluminium to curb rising inflation.
Nauru wants to trigger the so-called "two-year rule", which allows for a mining plan to be approved after two years under whatever rules are in place at that time.
The rally in commodity prices is likely to see a shift from metals to energy resources, such as crude oil, liquefied natural gas (LNG) and coal.
Based on expected operating performance and current coal prices Glencore expects to pay only $230 million for the combined 66.6% stake.
"Improvement in supply and weaker consumption by downstream players at current high prices are expected to cap gains," says Fitch.
Moscow wants to protect its defence and construction industries from further growth in raw materials costs as prices for metals rise at a global level.
David Brown intends to step down, jeopardising the future of the company the government hopes will spur an economic revival.