Gupta pays $25 million to end long-running spat with Rio Tinto

The proposed acquisition means Chaarat would own Kumtor and will have control over management and operations of the mine.

Prime Minister Lars Lokke Rasmussen said the goal is to make the economy greener and less vulnerable to swings in commodities markets.

Lack of new projects, investment deficit and increasing political risk will hit supply of cobalt, lithium, copper and nickel, key metals for making the batteries that power electric cars.

Meanwhile, silver coin purchases for the month rose 10 per cent higher than last year.

Prices to remain high due to sanctions, tariffs.

The Lerala Mine was opened in 2008 and had to be shut twice due to weak sales, until it was placed under judicial management last year.

Poland has about $30 billion of planned wind projects 30 kilometers (19 miles) out in the Baltic.

ERAMET said the offer would enable the full consolidation of the TiZir joint venture.

SUEK is one of the world’s largest coal companies that produces higher-quality enriched coal.