Asia Top Stories

Saudi Arabia set on securing lithium for EV ambitions

Saudi Arabia is committed to sourcing lithium from overseas as it looks to produce EV batteries and invest in the electric vehicle sector.

Reuters | April 28, 2024 | 10:08 am

Indian gold flips to premium as price dip lifts demand

Physical gold dealers in India charged premiums this week for…

Reuters | April 26, 2024 | 6:17 am

Iron ore price set for 3rd weekly rise on China demand

The Dalian contract posted a weekly gain of 2% and…

Reuters | April 26, 2024 | 5:32 am

Column: INSG’s latest forecasts cold comfort for nickel producers

Nickel has rallied hard this month, clawing back some of…

Reuters | April 25, 2024 | 7:13 am

Vedanta misses Q4 profit estimates on lower prices

Vedanta reported a 27% drop in fourth-quarter profit on Thursday.

Reuters | April 25, 2024 | 6:57 am

Adani Group inflated coal import price between 2019 and 2021 — Financial Times

According to FT, Adani utilized offshore intermediaries to import $5 billion worth of coal, with prices at times exceeding double the market rate.

Staff Writer | October 12, 2023 | 9:34 am

Lithium heavyweight Chile woos Japan to develop local industry

Chile says Japanese battery and metals companies are among Asian investors interested in acquiring long-term preferential access to lithium.

Bloomberg News | October 12, 2023 | 6:57 am

X-Batt and Consol collaborate on coal-based battery tech

Researchers emphasized that many mines set to close soon don't have plans for future operations or transitioning to a post-coal economy.

Henry Lazenby | October 11, 2023 | 11:35 am

Gold price slump may boost demand from India’s festive shoppers

Strong purchases during the October-December festival period, considered an auspicious time to own and wear gold, may underpin the global market.

Bloomberg News | October 11, 2023 | 10:42 am

India sets lithium mining royalty at 3% of LME prices

The government also set the royalty for niobium at 3% of the average sale price, and for rare earth elements at 1% of the average sale price of rare earth oxide.

Reuters | October 11, 2023 | 7:43 am

Freeport seeks to extend permit for exporting Indonesian copper

Freeport has a temporary exemption from a nationwide ban on exports of mined copper, but it faces a cliff-edge scenario in May.

Bloomberg News | October 10, 2023 | 10:12 am

Coal industry faces 1 million job losses from global energy transition – research

Hundreds of labor-intensive mines are expected to close in the coming decades.

Reuters | October 10, 2023 | 6:01 am

Zambia to decide on new Mopani Copper Mines investor in October

Mopani bidders are Sibanye, Zijin, and IHC-linked investor, according to Reuters.

Reuters | October 10, 2023 | 5:49 am

Gold price hits weekly high on Middle East tensions

Bullion started to rally on Friday after last week approaching its lowest level since March.

Staff Writer | October 9, 2023 | 10:21 am

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