China EV makers’ targeting Western markets has ‘tremendous implications” for metal mix

The company plans to increase capital expenditure to an average of $2.3 billion to $2.5 billion a year in 2019 and 2020 from about $2 billion in 2018.

Head of Global Sales and Marketing Markus Meurer said purchases in 2017 would rise to as much as 600,000 oz of palladium, compared to 160,764 oz last year.

Katanga, which operates cobalt and copper mines in the DRC, said Aristotelis Mistakidis, Liam Gallagher and Tim Henderson had tendered their resignations.

The company said if long-delayed permit for its massive iron ore mine is not issued next month as expected, it would have to shut it by Sep. 2018.

They are puzzled by the finding of 21 Islamic gold dinars at an abbey in eastern France.

The sale may be delayed for up to a year, a setback to efforts by the world’s largest iron ore producer to offload non-core assets.

London hedge fund giant Lansdowne Partners lost a long-term bet against Glencore this year after the spectacular recovery of the miner took some by surprise.

"Hedging by means of long-term (supplier) contracts is [] way to control such new issues (of securing materials supplies)," says VW head of sustainability.

Nearly 20 countries have joined a British-Canadian initiative to phase out coal from power generation before 2030.