Rio Tinto-backed Sovereign Metals partners with World Bank’s IFC for Malawi graphite project
Kasiya is the world's largest rutile and second largest graphite deposit.
The write-downs aren't done yet: Glencore Xstrata - $7bn
Since the Glencore Xstrata merger in May accountants have been reviewing Xstrata assets and the results are not pretty: According to industry sources who spoke to Reuters, the company is set to write-down about $7 billion of the coal and...
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