The country’s wealthiest people were well ahead of the economic recovery curve. After two years of decline, in 2019 and 2020, their combined wealth rose 14% to nearly $90 billion.
MINING.COM MINUTE: Biggest stories of the week
MINING.COM MINUTE is a roundup of the biggest stories from the global mining and metals industry.
This week’s top stories:
– Top iron ore producer forecasts 50% fall in price – Read more
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– Vale sells New Caledonia nickel assets to Trafigura – Read more
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Publishing date: Apr 01, 2021 • April 1, 2021 • 2 minute read •
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(Bloomberg) As the world’s biggest glove maker stumbles because of ESG concerns, a metal producer’s focus on environmental, social and governance practices has made it a darling among investors.
Press Metal Aluminium Holdings Bhd. surged 18% in the March quarter to become the best performer on Malaysia’s benchmark stock index. The company, whose plants run on hydropower, has rallied amid higher prices of the metal and bets that its products made with a smaller carbon footprint will be in demand.
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