The partners will build a plant to make lithium chemicals in Indonesia Morowali Industrial Park on the island of Sulawesi.

President Xi Jinping’s promise to end China’s financing of overseas coal-fired power plants should be seen as a first step rather than a major effort to mitigate climate change.

Chinese authorities asked local governments to prepare for the potential downfall of debt-ridden China Evergrande Group, according to the Wall Street Journal.

European automakers are in discussions with Arafura Resources about sourcing elements outside China.

The main property unit of the Chinese real estate giant announced a deal over a $35.9 million bond interest payment due on Thursday.

Iron ore will come under more pressure, falling to $80 to $90 a tonne heading into next year, said UBS Group.

Millennial’s assets have also attracted interest from China Molybdenum, which could consider joining CATL in a bid.