martes, 20 de febrero de 2018

Rio Tinto back in race for stake in world’s largest lithium miner

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Potash News Digest
Wednesday 21 February 2018
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Rio's renewed interest in SQM is welcome by the Chilean government, which had expressed concerns about a potential and dangerous concentration in the market should major lithium producers, such as China's Tianqi, acquire the 32% interest in SQM.

New report says "deals in lithium, copper and cobalt are expected to feature high on the agenda of management teams across the industry."

Charge is due to due to cuts in the US Federal corporate income tax rate, the world's biggest mining company said.

Australasian Centre for Corporate Responsibility says it needs 100 shareholders to co-file resolution at Rio's upcoming annual general meeting.

Consulting firm Deloitte has published what it says will be the top-10 global trends in the mining industry this year.

Company said rising potash and phosphate prices boosted net sales.

The administration wants to identify new domestic sources of critical minerals and increase domestic exploration, mining and recycling.

Mining and metal companies are rediscovering the downside of rallying prices: higher costs.

The world's largest mining and construction equipment maker beat market expectations for fourth quarter earnings and said its sales growth momentum is expected to continue in 2018.

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