Billionaire’s battered miner may face investor, political unrest
A combination of bad news across its operating industries has made Vedanta one of the biggest losers this year among the 10-member S&P BSE India Metal Index.
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Alaska wants cold crabs and colder gas to narrow China trade gap
A planned LNG project alone would shrink the trade gap between U.S. and China by up to $10 billion a year says Governor Bill Walker.
Vedanta’s troubles worsen as Indian state orders permanent closure of smelter
Deadly protests last week over alleged pollution from the Tuticorin smelter have prolonged a shutdown of the 400,000 tonnes-a-year operation. This time it seems to be forever.
China metals companies trade on Shanghai exchange’s new platform
It will expand to include more commodities, including zinc, lead, nickel, tin and silver, in the next step.
Canadian junior Millbrook aims to lead Cuba’s mining pack
In late April, Millbrook Minerals became the first copper-zinc explorer to sign an International Economic Association (IEA) contract with Cuba's GeoMinera, becoming the first Canadian firm to sign a deal with the Island since the mid 90’s.
Chinalco closes gap on top aluminium producer Hongqiao via Yunnan deal
Yunnan Metallurgical Group, which controls Yunnan Aluminium Co Ltd, will be merged into China Copper Co, a joint venture between Chinalco and the Yunnan provincial government.
Fortescue goes ahead with $1.3bn iron ore project in Western Australia
The Eliwana mine will help the company lift its iron ore grades and so satisfy the new demands of its biggest customer, China, which is increasingly asking for higher quality ore for steel mills to help cut smog.
Trump metals tariffs make Granite City great again, but at what cost?
The United States Steel Corp is re-hiring or recruiting around 500 workers as it readies for production in mid-June at a blast furnace it idled in 2015.
Russia’s Avtovaz explores alternatives to sanctions-hit Rusal
Rusal is Avtovaz's top aluminium supplier.