Moody’s sees weak lithium prices in 2020 due to projects frenzy

The surge in coal prices in the past three years is cutting into the profitability of power stations that burn the fuel, a prominent forecaster said.

Junior iron-ore company Tacora Resources is bringing back to life the defunct Scully mine in Labrador West, Canada, and announced on Tuesday that it had secured the necessary financing to restart operations.

* New plant to be built in Morowali nickel industry complex * Indonesia to become "main player" in lithium batteries * Well positioned to meet nickel, cobalt demand for EVs * Minister says Indonesia will "control world market" (Adds quotes, detail)

ferro-alloys.com:In 2019, Scully iron ore mine will resume, Tacora eager for it.

ferro-alloys.com:China steel prospects endure fifth week stretch of misfortunes in the midst of supply overabundance

ferro-alloys.com:Hyundai discovers steel plant opportunity in India

Anglo CEO says investor confidence returns to South Africa