Peru – a major copper producer – is also looking to edge in on the action.

Other Chinese companies producing cobalt approved for delivery against the LME contract include Jinchuan Group, Yantai Cash Industrial and GEM (Jiangsu) Cobalt Industry.

The stone weighs 63.15 carats and it is transparent with a yellow hue.

He has rejected a recommendation by the Commerce Department to require US power producers to source up to 25% of their uranium from domestic mines, creating instead a working group to review the country’s nuclear fuel supply chain.

The aim of the campaign is to assess the copper-cobalt potential in the interpreted rift system that hosts the Tisova copper-cobalt past-producing mine.

The 2019 Argyle Pink Diamonds Tender is being showcased in Perth, Hong Kong and New York, with bids closing on 9 October 2019.

It wants to raise £1m to support further drilling for subterranean lithium-bearing brines in the ancient mining region of Cornwall, south-west England.

Price momentum and structural economic reforms in India and China will also be key demand drivers.