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A New Chapter for Acciaierie d’Italia.
Late last week, the European Commission (EC) approved a 320 mln euro loan for externally managed Italian steel producer Acciaierie d'Italia. The loan will be granted with an interest rate of 11.6 percent, representing an important injection of capital for a crucial...
Africa Prepares to Revolutionise the Rare Land Market: A Global Opportunity
The African continent is on the threshold of a significant transformation in the global rare earths market. Within five years, African mines could account for almost a tenth of the world's rare earths, starting from scratch. This development could introduce new...
Geopolitical Risks and Global Economic Prospects: A Central Bank Analysis
An escalation in geopolitical conflicts represents the biggest risk to the global economy, according to central bank reserve managers, who nevertheless remain generally positive about the global economic outlook. This is according to an annual survey conducted by UBS...
Nickel: BHP Temporarily Suspends Operations in Western Australia
Mining giant BHP Group has announced that it will temporarily suspend its nickel operations in Western Australia from October. This decision was made in response to depressed nickel prices caused by an oversupply in the global nickel market. The suspension will affect...