The investment returns in bulk commodities in 2018 is likely to reach 10% due to stronger demand growth, according to the bank.
Peru’s Doe Run submitted a restart plan of La Oroya smelter on Dec.7th, which is expected to finishe work within 4 months with a budget of $108 million.
Citi maintains bearish opinion on oil price in 2019.
In the latest Fortune Top 500 Rankings, the company ranks at 120th with the 1st in the metals industry.
Hechi South Nonferrous Smelting Co. Limited changed its name to Guangxi Nandan South Metal Co. Limited.
New Century Resources has completed $52.9 million private placement to restart Century zinc mine in Queensland/
Glencore lowered its forecast for zinc, copper and coal due mainly to operational difficulties, maintenance and output slide during the end stage of mine exploration, it said in its Q3 earnings report
Glencore’s copper output produced from its own ore declined 11% year-on-year to 946,500 tonnes in the first three quarters of 2017, it said in its quarterly report.
Up to the third quarter of 2017, revenues of China Minmetals reach 341.2 billion yuan, rising 19.7% on yearly basis.
Rio Tinto released a statement, saying that when the court has considered all facts, it will reject claims from SEC.