Vale reduces footprints in nonferrous metals in 2017 Feb 22, 2018
Vale implemented its business strategy for a "smaller footprint" in both nickel and copper in 2017 by reducing the output in these two metals, according to its latest quarterly report released on February 16.
China Nonferrous Metal Mining Group Co (CNMC) contracted CITIC Heavy Industries Co for ore processing facilities for its Deziwa copper-cobalt mining project in Congo in central Africa, officials from both companies confirmed on February 1.
Xiamen Tungsten is in the process of applying for its tungsten export license to be reactivated after it was temporarily frozen by China's Ministry of Commerce (MoC) for 2018-2019 exports because of two pending issues, a company official confirmed on January 8.
China Moly acquiring LDC's metals business Dec 28, 2017
NCCL Natural Resources Investment Fund, newly-incorporated entity by a subsidiary of China Molybdenum Co. and two other asset management companies, will acquire the full ownership of Louis Dreyfus Company's metals platform, according to a recent statement from China Moly.
Lingnan sells 60% stake in Canadian lithium project Dec 21, 2017
Global Star Corporation, a subsidiary of Shenzhen Zhongjin Lingnan Nonfemet (Lingnan), has sold its 60% stake in the Moblan lithium project in Quebec, East Canada, for $60 million on December 19, Lingnan confirmed on December 21.