Stronger Chinese sales keep traders’ steel stocks down
Steel demand throughout China remains stable, a trend highlighted by the prolonged decline in the volume of stocks of five major steel products. New data show that the volume held by traders from 30 October to 5 November decreased by 5.9% per week and was reduced for...
Tanzania finalises permit for its first rare earth mine
Tanzania is in the final stage of approving a permit for the country's first rare earth mine to the Australian company Peak Resources Ltd., as the government seeks to obtain a larger share of revenue from natural resources. The state is also finalizing a gold mining...
Albemarle goes ahead with expansions despite the weakness of the lithium market
Albemarle Corp, the no. 1 lithium producer, is proceeding with expansion projects in Kemerton in Western Australia and La Negra in Chile, both planned for next year. Delivering fourth quarter results, the US-based lithium giant expects higher-than-expected operating...
Overview Market Close – November 05, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 28,390.18 +542.52 +1.95% S&P 500 INDEX 3,510.45 +67.01 +1.95% NASDAQ COMPOSITE 11,890.93 +300.15 +2.59% NYSE COMPOSITE INDEX 13,199.12 +220.17 +1.70% S&P/TSX COMPOSITE INDEX 16,298.17 +299.43 +1.87%...
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