Category: ResourceAsia
Aluminum flat-rolled overcapacity in Asia will last years -Novelis
Overcapacity in the Asian flat-rolled aluminum market may last for several more years, hurting prices and forcing producers to sell more material further afield, Novelis [...] » More
Japan to import rare earth from India -Nikkei
Japan and India will next week agree to jointly produce mixed rare earth, with Japan set to start importing from India in 2015 as it tries to wean itself of its reliance on [...] » More
Japan, India to ink rare earths deal: report
Tokyo and New Delhi will next week sign an agreement that will see around 2,000 tonnes of rare earths imported from India, a report said Thursday, as Japan looks to diversify [...] » More
Talisman Energy’s Southeast Asian Assets a Likely Good Fit for Repsol
Repsol, which is exploring a deal with Canadian oil and gas producer Talisman Energy, will be better off with an acquisition of Talisman’s trophy assets than a buyout [...] » More
Asia Soaks Up Excess Oil
Asia will be able to absorb increasing amounts of crude oil not needed by the US in the years ahead, providing an important outlet for oil suppliers in several regions. With [...] » More
Talisman reviewing $4 billion Asia assets for possible sale-sources
Canada’s Talisman Energy Inc is reviewing its Asian oil and gas portfolio, valued at about $4 billion, which could lead to a partial or full sale, people familiar with [...] » More
CNOOC boosts oil output off southern coast to reach target
CNOOC, China’s biggest offshore energy explorer, is expanding oil production in waters off its southern coast to reach a target missed since 2011. CNOOC was developing [...] » More
Mongolian copper mine terms to be resolved by September – minister
The impasse between Rio Tinto and the Mongolian government over a giant copper mine in the country should be resolved by September, with underground mining beginning within [...] » More
Besra celebrates repeal of export tax ruling in Vietnam
Besra (TSX:BEZ) (ASX:BEZ) (Frankfurt:OP6) has received formal notification from the Vietnam Ministry of Finance that export tax assessments totaling $12 million against Bong [...] » More
Russia, China try to finish gas talks before Putin’s visit
Moscow and Beijing plan to wrap up a decade of talks on supplies of Russian natural gas before President Vladimir Putin’s expected to travel to China next month, a [...] » More
China group buys $6bn Glencore Peru copper mine
The consortium is led by MMG Limited and includes China’s Citic Metal. The acquisition is subject to regulatory approvals but all parties expect the deal to be done by [...] » More
Russia Loses Leverage with China on Gas Deal
Russian President Vladimir Putin obviously thinks that preventing Ukraine from moving closer to the West is a strategic interest and one that is important enough to risk [...] » More
Oil pipe leak blamed for tainted water in China
An oil pipe leak caused excessive levels of the toxic chemical benzene in a major Chinese city’s water supply, prompting warnings against drinking from the tap and [...] » More
Crude oil leak blamed for China water contamination
A crude oil leak from a pipeline owned by a unit of China National Petroleum Corp. (CNPC) is to blame for water contamination that has affected more than 2.4 million people [...] » More
US Congress concerned Iran’s oil exports may be up
Obama administration officials faced the prospect of contentious questioning Thursday from US lawmakers about reports that China and India are significantly expanding imports [...] » More
