Horizonte Minerals has appointed Chad Griffin and Geoff Rowley as administrators, following its inability to secure full financing for the Araguaia nickel project, in Brazil.

These standards, focusing on the restoration works for coal mines, metallic mines, and oil and gas projects, were rolled out last month and scheduled to take effect on August 1.

The majority of capital goods monitored by China's statistical authorities registered higher prices in early May compared with late April, official data showed Tuesday.

"More efforts should be made to adjust and optimize the offerings and create more high-value items."

Last year, Shanxi generated 446.1 billion kilowatt-hours of power, an increase of 6.6 percent compared with 2022.

China's consumer price index, a main gauge of inflation, edged up 0.3 percent year-on-year in April, NBS data showed.

The total trading volume of 2406 contract on the exchange was 448807 lots, with a turnover of about 16277.2659 million yuan.

The Gerdau Charqueadas and Riograndense plants, located in the Brazilian southern state of Rio Grande do Sul, remain idled due to the intensive rains that have flooded the state.