October 20, 2021 Indonesia plans to ‘hit the brakes’ on raw commodity exports Indonesia has banned a number of unprocessed ore exports including nickel, tin and copper in a bid to encourage downstream industries.
October 20, 2021 Family who exited De Beers for $5 billion taps Asia’s rich The family office for Nicky Oppenheimer and his son Jonathan has set up an outpost in Singapore to boost its Asia exposure and partner with the region’s wealthy.
October 19, 2021 India’s gold demand faces slowing savings rate, farm wages risk Gold demand in India is likely to face challenges from a declining household savings rate and lower agricultural wages, according to the World Gold Council.
October 18, 2021 Mitsubishi to spend $17.5bn by 2030 to drive decarbonization Of Mitsubishi's 2 trillion yen budget, about half will be spent on expanding its renewable energy assets.
October 14, 2021 Asia’s coal mining revival doesn’t mean the energy crisis is over China, the largest producer and consumer of the fuel, could boost mine output by an extra 100 million tonnes in the fourth quarter.
October 14, 2021 Turquoise Hill stock crushed after Oyu Tolgoi funding gap swells by $1.2 billion Rio-owned TRQ says underground expansion funding requirement increases to $3.6bn and open pit metal production delayed beyond 2024.
October 14, 2021 Coal India temporarily stops supplies to industrial users The move to prioritize supplies to power plants is aimed at helping boost depleted inventories that are putting continued operations at risk.
October 14, 2021 Market value of on-road fuel cell vehicles to grow to $160bn by 2042 — report A report by IDTechEx states that major automotive markets are planning for the significant deployment of fuel cell vehicles.
October 12, 2021 Saudi mining plan gets $3 billion EV boost from Australian firm EV Metals Group Plc’s spending will be on building plants to process minerals including lithium and nickel, and later expand into exploring.
October 11, 2021 International Nickel Study Group forecasts rising nickel demand in 2022 Exports of unprocessed nickel ore from Indonesia, the world’s top nickel miner, ceased in January 2020, due to a government-imposed ban.
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