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Indonesia’s Riches Draw China, India
When it comes to energy and industrial commodities, China and India are Asia’s fiercest competitors. For the last couple of years, both Chinese and Indian companies have done deals across the globe — from Latin America to Africa — to win oil exploration rights or secure long-term raw material contracts.
Now they have set their sights [...]
Mining giant expects emerging markets will continue to drive steel demand
The world’s largest diversified miner, BHP Billiton, has given its backing to the view that the steel industry, which faced a torrid period at the turn of the century with overcapacity and rising costs, will remain ’stronger for longer’ – the company is a leading iron-ore and manganese producer, selling into the carbon-steel sector globally.
This [...]
