Macquarie says iron ore, coal prices to remain strong into 2018
Prices for iron ore and coking coal, the two key ingredients for steelmaking, are set to remain buoyant for the remainder of the year, Macquarie Bank predicted in a recent report.
S. Korea’s SK Innovation starts production of batteries with more nickel
South Korea’s SK Innovation said on Thursday it has started…
Freeport to yield control of giant Grasberg copper mine to Indonesia
The company has greed to reduce its stake in the…
India launches world’s first diamond futures exchange
The Indian Commodity Exchange Limited (ICEX) will start trading in…
Glencore to offload second coal mine in Australia in less than three months
Decision comes as the Swiss-based miner and commodities trader rethinks…