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PRECIOUS-Gold steadies as traders await inflation data, Fed decision

Gold prices edged higher on Tuesday after the dollar pulled back, although the moves were muted as traders awaited the U.S. inflation data and the Federal Reserve's decision on interest rates.

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UPDATE 1-Philippines Q1 nickel ore output up 5.3% y/y - mines bureau

Philippine nickel ore output in the first quarter totalled 4 million dry metric tons (dmt), up 5.3% versus the 3.8 million dmt produced in the same period last year, the Mines and Geosciences Bureau (MGB) said on Wednesday.

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Sri Lankan shares end lower as financials, industrials drag

Sri Lankan shares closed lower on Wednesday, dragged by financials and industrials stocks.

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UPDATE 2-British consortium to invest $9 bln in Indonesia mining, EV batteries, minister says

A British consortium that includes mining giant Glencore will invest about $9 billion in Indonesia's mining and electric vehicle (EV) battery sectors, a minister said on Wednesday, as the resource-rich country tries to lure a host of multinational firms.

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RPT-Bauxite miners urge Indonesia to rethink export ban as deadline looms

Days before Indonesia is set to implement a ban on exports of unprocessed bauxite, miners have again implored the government to reconsider the policy because domestic facilities are inadequate for processing all of their output.

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UPDATE 1-SSAB invests SEK 6 bln in Oxelosund mill to cut emissions

Swedish steel maker SSAB will invest 6.2 billion crowns ($611 million) in an electric arc furnace and raw material handling at its Oxelosund mill to slash greenhouse gas emissions, it said on Friday.

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Indonesia's Halmahera Persada Lygend inaugurates nickel sulphate plant

Indonesian nickel company Halmahera Persada Lygend said on Thursday it has inaugurated operations at its first nickel sulphate plant, as the country ramps up its ambitions to dominate the electric vehicle (EV) industry.

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UPDATE 2-Mexican government, Grupo Mexico agree deal over railway dispute

Mexico's president said on Thursday officials had signed a deal with Grupo Mexico to compensate the conglomerate for the state taking over a section of railway it operates in southern Mexico, lifting the firm's shares by more than 4%.

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UPDATE 1-Huayou Cobalt to add at least 500,000 T of nickel capacity in Indonesia

Huayou's 120,000 T Huafei project will be commissioned on June 1

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Sri Lankan shares end higher ahead of monetary policy meeting as financials rise

Sri Lankan shares closed higher on Wednesday, aided by gains in financial and communication services stocks, while investors await the monetary policy decision from the country's central bank this week where it is expected to keep key rates unchanged.

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