Australian Prime Minister Julia Gillard has said that the country has changed its stance on uranium and that there are no further "outstanding obstacles" to exports of the nuclear material to India.
Australian sales of gold to China have surged a staggering 905.4% on the back of the Middle Kingdom's efforts to short up its foreign currency reserves.
ArcelorMittal, the world's largest steel producer, is considering to sale a stake in its $10 billion Canadian iron ore business, in an attempt to weather the slump in its key commodity, reports FT.