Nornickel sharply hikes nickel surplus forecasts for this year and next
The Russian miner said it expected the nickel surplus this year to reach 240,000 tons, up from an estimate of 120,000 tones in July.
Vale’s new CEO Schvartsman a political move in the right direction — analysts
In an unexpected move, Brazil’s Vale (NYSE:VALE) named Monday Fabio Schvartsman, a domestic industry insider, as its new chief executive officer to lead the transition of the world’s largest iron ore miner into a new shareholding structure. Schvartsman, until now...
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