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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%...
Japan’s steel stocks drop to a minimum of 10 years
Stocks of steel hot-rolled, cold-rolled and coated coils and sheets fell by 6.6% or 263,000 tonnes in the month to around 3.67 million tonnes by the end of September, according to the latest figures published by Nippon Steel on 2 November. The total, the lowest since...
China aims to achieve a 20% share of new energy vehicle sales by 2025
The Chinese government has launched a new development plan for the Energy Vehicle Industry (EVS) which will see EVS sales accounting for 20% of the country's total vehicle sales by 2025. The plan, which covers the period 2021 to 2035, will also see battery electric...