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...The plant will increase the company’s nickel production capacity from 22,000 to 65,000 tonnes a year, making it the world’s largest non-Chinese producer of nickel sulphate — a key ingredient or “precursor...
...Nickel mining in Indonesia, the world’s largest producer of the electric car battery and steelmaking ingredient, has faced growing criticism from environmental groups for causing forestry loss, mining waste...
...Next, ingredients....
...ingredients....
...Riding Chinese demand for the steelmaking ingredient, Rinehart led a turnaround, transforming Hancock from a company spinning royalties on iron ore tenements to one that owns and operates its own mines....
...In recent years, they have expanded upstream into agricultural origination, storage, freight and port infrastructure, and downstream into processing, ingredients and final products, while moving into a wider...
...Based on the valuation of rival food ingredients businesses, OFI could be big enough to win a place in the blue-chip FTSE 100 index....
...Indonesia is the world’s largest producer of nickel, a crucial ingredient that Korea’s leading EV battery companies need for the multibillion-dollar factories they are building in the US....
...Verghese said there was no change to the plan to list its food ingredients business on the London Stock Exchange with a secondary listing in Singapore....
...Nickel is a key ingredient in steelmaking and electric car batteries. Traders believe the futures price is out of line....
...The project is vital for Rio, which generates most of its revenue from steelmaking ingredient iron ore, to pivot towards metals needed in a low-carbon economy....
...The Brazilian miner also cut guidance for its flagship iron ore business in an attempt to prop up the price of the steel-making ingredient, which dipped below $100 a tonne this week amid concerns about waning...
...Rio, the world’s largest producer of steelmaking ingredient iron ore, reported underlying earnings of $8.6bn for the six months to June, down from a record $12.2bn last year, on sales of almost $30bn....
...The company said it was studying plans to increase annual production of the steelmaking ingredient to 330mn tonnes, up from 283mn last year....
...At the moment, the company derives most of its money producing steelmaking ingredient iron ore....
...This poor showing is also surprising given the record global demand for lithium carbonate, a crucial ingredient for electric car batteries....
...London-based computer-driven fund Florin Court Capital said it had placed bearish bets in recent months on metals traded in China including zinc, nickel, copper and also steelmaking ingredient iron ore....
...BHP, which is led by chief executive Mike Henry, makes most of its profits from producing steelmaking ingredient iron ore from mines in the Pilbara region of Western Australia....
...Technology, business, finance, economics — all the ingredients required to make this transition. I’ll put those skills up against anyone on the board or management team,” he said....
...Prices for the metal, a vital ingredient in batteries and steel, more than doubled to over $100,000 per tonne on Tuesday. Chinese banks were scrambling to close bearish bets by clients....
...Trading in the sugar, ingredients and groceries divisions was in line with expectations, said ABF....
...LG Energy Solution, a unit of LG Group, has outlined plans to invest $5.2bn in battery material production, while steelmaker Posco is building a domestic plant to extract lithium hydroxide, an important ingredient...
...Battery companies also put aluminium in lithium-ion batteries, which are used for electric vehicles, and are hoping to develop substitute power cells in which it is the key ingredient....
...Prices for steelmaking ingredient iron ore have soared over the past year, reaching a peak of more than $230 per tonne in May, which the company attributed to soaring demand in China....
...Deals included almost $730m-worth of financing for Olam International, one of the world’s largest food ingredient suppliers, and its subsidiaries from JPMorgan via revolving credit facilities, the data showed...
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