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This one Congo project could supply the world with lithium

This one Congo project could supply the world with lithium

AVZ Minerals’ Manono became the world’s largest non-brine lithium resource after the Perth-based company released the maiden estimate for its 60%-owned project in southern DRC in August this year. At the end of November, AVZ published the results...

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U.S. oil drillers cut most rigs since May 2016: Baker Hughes

U.S. oil drillers cut most rigs since May 2016: Baker Hughes

U.S. drillers this week cut oil rigs by the most in over two year even as record production has turned the United States into a net oil exporter for the first time in history. Energy companies cut 10 oil rigs in the week to Dec. 7, the biggest...

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Fresenius makes a flurry of deals in Chinese dialysis clinics and hospitals

Fresenius makes a flurry of deals in Chinese dialysis clinics and hospitals

Fresenius Medical Care has moved to dramatically widen its footprint in China’s dialysis market, acquiring large shares in multiple Chinese companies and hospital systems across the country. The German company bought a 70% share of the...

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Apple and Alphabet erase their gains for the year

Apple and Alphabet erase their gains for the year

Two of the biggest tech companies erased their gains for the year at Friday’s close. Apple and Google parent company Alphabet are now both down less than a percent year to date. The reversal comes on a day where the entire market saw a...

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OPEC and allies agree to cut oil production by 1.2 million barrels per day

OPEC and allies agree to cut oil production by 1.2 million barrels per day

Major oil producers have reached a deal to cut oil production and boost the market, following two days of grueling negotiations and despite opposition from U.S. President Donald Trump. OPEC clinched the deal with allied oil-producing nations...

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Shenzhen Relaxes Purchase Policy on Battery Electric Vehicles to Lift Sales

Shenzhen Relaxes Purchase Policy on Battery Electric Vehicles to Lift Sales

The southern Chinese tech hub of Shenzhen has eased restrictions on the purchase of electric cars to boost sales of battery electric vehicles, following in the footsteps of Beijing and Shanghai. The annual license quota for standard cars in...

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Vale says recent dip in global steel prices is temporary

Vale says recent dip in global steel prices is temporary

Brazil’s Vale, the world’s largest iron ore miner, said on Thursday a recent dip in global steel prices is temporary due to overproduction in China ahead of winter output cuts. Vale Chief Executive Fabio Schvartsman told investors in...

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Opec and Russia set to defy Trump with oil output cut

Opec and Russia set to defy Trump with oil output cut

Saudi Arabia and Russia are on the verge of agreeing on a deal to cut oil production, defying calls from US President Donald Trump to leave the taps open to keep prices low. The Opec oil cartel and allies led by Russia said in Vienna on Wednesday...

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Palladium takes gold’s crown as most valuable precious metal

Palladium takes gold’s crown as most valuable precious metal

Palladium has usurped gold as the most valuable precious metal, underlining its status as one of the year’s best performing commodities. The metal surged to a high of $1,257 an ounce on Wednesday, surpassing the price of gold for the first time...

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China News Weekly 89 – Tencent Music presses play on $1.2 billion U.S. IPO

China News Weekly 89 – Tencent Music presses play on $1.2 billion U.S. IPO

Click here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click Here to subscribe.

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Resource Weekly 328 – US crude rises 4%, settling at $52.95, on trade truce and expected supply cuts

Resource Weekly 328 – US crude rises 4%, settling at $52.95, on trade truce and expected supply cuts

  Click here to find more details This is NAI’s new Resource Weekly. We will be covering the latest news in Mining, and Oil and Gas sectors every week. To continue to receive NAI’s Resource Weekly, please click Here to subscribe.

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