Global shortage of magnesium could cripple car industry

The Norwegian firm, one of the world’s top producers of aluminum and alumina, said the deal faced opposition from European regulators.

VSMPO-Avisma, the world's largest titanium producer, and US planemaker Boeing have launched a new manufacturing unit in Russia.

Poland's state-run JSW awaits approval from the Energy Ministry in its bid to acquire the mining assets of Australia's Prairie Mining

Vale on top.

A company owned by Russian billionaire Alisher Usmanov is in talks to raise $1.25 billion from Russian banks by the start of 2019 to build a massive mining and metallurgical plant at Russia's biggest untapped copper deposit.

The non-judicial request relates to damages suffered by the company as a result of a longer-than-expected wait for its Skouries project's permits.

Spurred by high global appetite for cooper, the company in September started preparing the site for construction of a massive plant at the deposit.

The United States has thrown Russian aluminium company Rusal a lifeline by loosening sanctions imposed on the company in April.

The project, which would become the European Union's only open-cast uranium mine if given the go-ahead, has faced local opposition since it was proposed.