Asia Top Stories

Vedanta posts slump in Q4 profit after metal prices fall

Company reported a 68% slump in fourth-quarter profit.

Reuters | May 12, 2023 | 7:42 am

China’s copper woes damp spirits of traders in Asia

What’s changed is a slew of data indicating that China’s…

Bloomberg News | May 11, 2023 | 5:16 pm

Indonesia emerges as a cobalt powerhouse amid surge in demand

Demand for cobalt is set to more than double by…

Henry Lazenby | May 11, 2023 | 11:28 am

China’s GEM to build a $500m joint nickel project in Indonesia

The project, sited in Indonesia Morowali Industrial Park, will produce…

Reuters | May 11, 2023 | 8:18 am

Indonesia became second largest cobalt producer in 2022 – Cobalt Institute

The country accounted for almost 5% of global production of…

Reuters | May 10, 2023 | 9:27 am

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South Korea pushes for recycling of rare metals

South Korea wants to strengthen its domestic supply chain in the semiconductor and battery sectors.

Staff Writer | March 30, 2022 | 6:06 am

Mitsubishi expands copper trading business as Peru mine ramps up

Mitsubishi has hired Branko Buhavac, formerly at Trafigura Group, as head trader for base metals in Europe.

Bloomberg News | March 29, 2022 | 9:51 am

Sumitomo Metal sees global nickel demand for battery use at 410,000t in 2022

Global demand for nickel used in batteries is expected to rise more than 20% this year.

Reuters | March 29, 2022 | 8:36 am

India to invest in exploring lithium, cobalt mines in Australia

The move comes at a time when India is offering $2.4 billion of incentives for companies to build battery cells locally for electric vehicles.

Reuters | March 29, 2022 | 8:27 am

Japan to ban Russia-bound exports of gold, may adopt more sanctions

The ban reflects Prime Minister Fumio Kishida's resolve to impose further sanctions against the country, pledged at last week's G7 meeting.

Reuters | March 29, 2022 | 5:00 am

Centerra Gold, Kyrgyzstan closer to solving dispute over Kumtor

The Kyrgyz state in 2021 took over the largest gold mine in the country, alleging its operations posed a danger to human lives and the environment.

Cecilia Jamasmie | March 28, 2022 | 7:59 am

Gold jeweler Joyalukkas files for $300m India IPO

The proceeds from the issue will be used to pay back some loans and to open new stores.

Bloomberg News | March 27, 2022 | 11:20 am

War sparks Wall Street’s rush to commodity-rich emerging markets

A deep divide is opening up as investors focus their hopes on commodity exporters in the Middle East and Latin America.

Bloomberg News | March 27, 2022 | 11:09 am

India leans toward continued import of Russian coking coal – minister

India plans to double imports of Russian coking coal.

Reuters | March 27, 2022 | 10:27 am

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