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Nippon Steel Corp. Agree With Australia’s BMA Cut Coking Coal Prices
Nippon Steel Corp (5401.T) has agreed with Australia’s BMA to pay $128 to $129 per tonne for coking coal in the year from April 1, a company official told Reuters on Monday.
Read moreZambia’s Konkola Hires S.Africa Firm To Mine Copper
A Zambian unit of London-listed Vedanta Resources Plc has hired a South African company to mine for copper under plans to raise output to 500,000 tonnes by 2011 from around 200,000 now, the company said on Monday.
Read moreVietnam raises petroleum retail prices
Petroleum firms in Vietnam increased retail prices of petroleum products today morning due to rising world prices, according to the Vietnamese Trade Ministry.
Regarding A92 petroleum product, the retail price rose by 800 Vietnamese dong (VND) (5 US cents) to 11,800 VND (over 73.7 cents) per liter. This is the first time local petroleum enterprises have [...]
Hindalco investors concern over Novelis debt
Hindalco Industries Ltd`s US$3.4 billion offer for Canadian aluminium maker Novelis Inc, the second-largest overseas takeover by an Indian company, has concerned investors that the takeover may stretch the company`s finances.
The Mumbai-based company yesterday offered a total of US$44.93/share in cash for the Atlanta-based aluminum-sheet maker, 17% more than the closing price on February 9 [...]
China Govern. Plans Policies To Raise Coal Mining Production Cost
China’s government is planning policies to raise the cost of coal production, Jing Tianliang, the former president of the second-biggest state-owned coal mining firm, China National Coal Group Corp, said on Wednesday.
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