Rattled investors await Caterpillar with ‘glass half empty’ view
After nine consecutive quarters of better-than-expected profit, Caterpillar Inc. still has some skeptics.
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Jacobs to sell energy unit to WorleyParsons for $3.3B
The deal is part of Jacobs’ strategy to optimize its portfolio with a focus on higher-growth, higher-profit infrastructure and commercial projects - CEO
Strike at Shougang’s iron ore mine in Peru halts exports-manager
Some 800 workers, including at the port San Juan de Marcona, have taken part in the indefinite strike after negotiations over a new contract broke down.
Gold price tempts BofAML to wager on short-term bullish options
The yellow metal has risen about 3percent this month, after six straight months of declines that’s left it down almost 6 percent year-to-date.
Brazilian pension fund Previ won’t sell Vale shares before year end- CEO
Previ intends to reduce its stake in the miner over the medium-term.
Northvolt to set up Polish battery plant to tap mining, storage markets
Northvolt's plans are a central part of Europe's effort to compete with Asian rivals such as CATL, Samsung and LG Chem.
China’s winter pollution cuts may boost high-grade iron ore
The logic is sound: If steel mills are given pollution restrictions, they will use the best possible quality iron ore to maximise the amount of steel produced relative to the energy consumed.
Petra Diamonds revenue up as production, sales jump
Revenue rose 22 percent in the quarter to $80.2 million from $65.8 million a year prior, despite diamond prices being 5 percent lower when compared to the same period of 2017.
BASF and Nornickel join forces in European EV battery push
The move is part of BASF plans to invest up to 400 million euros ($462 million) as a first step in building production plants for cathode materials in Europe.