Page 89 - Min News Today

Iron ore prices will trade within a range of $100-120 per tonne in 2022 amid balanced global supply-demand fundamentals, and Companhia Siderúrgica Nacional (CSN) is aiming to capture a $4.50-per-tonne quality gain in that scenario, the Brazil-based company said on Wednesday December 8.

Australia's Alinta Energy said on Tuesday it is considering building a A$4 billion ($2.8 billion) offshore wind farm to supply Alcoa Inc's Portland aluminium smelter and the country's east coast grid.

Chile, the world's top copper producer, saw exports of the red metal soar over 35% to $4.92 billion in November, the Andean country's central bank said on Tuesday, bolstered by strong global prices of the metal.

De Beers Group, Anglo American's diamond business, said on Tuesday it had applied to conduct exploration activities in north-eastern Angola.

London's bid to transform its stock market into a haven for fast-growing technology companies to compete with New York is facing obstacles as trading volumes slide and some big-ticket initial public offerings fall flat.

Latin American trade should rise 25% in 2021, due mostly to higher commodity prices, although future performance depends on the evolution of the coronavirus pandemic and its impact the global economy, a United Nations commission said on Tuesday.

Activist investor Bluebell Capital Partners Ltd has asked miner and commodity trader Glencore Plc to separate its thermal coal business at a time when global mining firms have come under pressure to move to cleaner energy sources.

Gold prices were flat on Tuesday, as a firmer dollar and U.S. Treasury yields weighed on its appeal and confined the metal to a tight $4 range.

Toyota Motor Corp announced on Monday it is building a new $1.29 billion battery plant in North Carolina as it moves to expand its hybrid and electric vehicle efforts.

China's coal imports hit their highest level of 2021 in November, as the world's biggest consumer of the dirty fuel scrambled to feed its power system as the winter heating season kicked in.