Asia Top Stories

Huayou seeks $2.7 billion for Ford-backed Indonesia nickel plant

The fundraising comes as benchmark nickel prices trade near a four-year low amid weaker demand from the stainless steel market.

Bloomberg News | November 7, 2024 | 5:05 pm

Nippon Steel seeks to close US Steel deal before Trump returns to White House

Before the election which handed him victory, Trump promised to…

Reuters | November 7, 2024 | 7:56 am

Itochu to buy stake in Brazil’s CSN’s iron ore unit for $769m

CSN Mineracao is the leading iron ore producer and distributor…

Reuters | November 6, 2024 | 2:25 pm

Rio Tinto to trial Chinese battery swapping technology at Oyu Tolgoi

Battery swapping allows an electric vehicle to quickly exchange a…

Staff Writer | November 6, 2024 | 9:41 am

Codelco partners with Toyota and Mitsui to explore decarbonization of mining fleet

The initiative aims to generate synergies between Toyota's expertise in…

Staff Writer | November 6, 2024 | 8:24 am

Column: Tin supply chain tightens after key mine’s long absence

It's been just over a year since the Man Maw tin mine in Myanmar, one of the world's largest sources of the strategic metal, halted production.

Reuters | September 13, 2024 | 10:39 am

Nickel flowing to Europe shows Indonesia’s grip on global supply

That’s a headache for European stainless-steel producers trying to source the metal without sacrificing their green credentials.

Bloomberg News | September 13, 2024 | 9:41 am

Metals-rich Kazakhstan seeks niche in battery supply chain

The country is issuing hundreds of new exploration licenses to attract fresh investment.

Reuters | September 13, 2024 | 7:22 am

Indonesia’s Adaro plans $2.5 billion coal sale in green turn

The company, which is one of country’s biggest coal miners, aims to offload its 99.9% stake.

Bloomberg News | September 12, 2024 | 5:18 pm

Lithium world asks if surprise mine shutdown can arrest slump

Lithium spot prices have tumbled almost 90% since late 2022.

Bloomberg News | September 12, 2024 | 8:01 am

Vedanta plans to expand nickel sulphate production to tap overseas demand

Unlike Japan and South Korea, India's electric vehicle market is still in its nascent stage.

Reuters | September 12, 2024 | 7:04 am

Iron ore price soars to over one-week high on upbeat seasonal demand outlook

Steel demand is expected to return to growth in 2025, ANZ said.

Reuters | September 12, 2024 | 6:45 am

Nippon Steel, US Steel make last-ditch effort to win US nod

The meeting comes amid bipartisan opposition to the deal by Donald Trump and Kamala Harris.

Reuters | September 11, 2024 | 7:46 am

Vedanta Resources raises $900 million via dollar bonds

The proceeds will be used to repay Vedanta's existing bonds and related transaction costs.

Reuters | September 11, 2024 | 6:12 am

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