Volkswagen's planned European battery cell plants and securing vital raw materials will cost as much as 30 billion euros ($34 billion), board member Thomas Schmall said, putting a price tag on the expansion for the first time.
Indonesia's Investment Minister Bahlil Lahadalia said on Wednesday he did not expect disruption in fourth quarter investment realisation, despite the country's constitutional court ordering amendments to a law aimed at cutting red tape.
Russia's Norilsk Nickel said it has raised its 2021-2030 investment estimate by $6 billion to $35 billion to reflect higher construction costs and increased investment in energy infrastructure upgrades.
Brazilian miner Vale SA on Monday lowered the ceiling for its 2021 iron ore production outlook to 320 million tonnes from a previous estimate of 335 million tonnes, while leaving the lower end of the forecast range at 315 million tonnes.