Raw Materials Policy Must Embrace Efficiency, Competitiveness

When it comes to raw materials, European Union (EU) regulators must focus on ensuring consistency between policy goals so as to enhance innovation and competitiveness, according to European lawmakers and experts at the third Annual Raw Materials Conference.

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Glencore Pushes Back Xstrata Merger

Glencore again extended the date by which it expects to close its merger with Xstrata, due to the ongoing investigation into the deal in China, according to Reuters. Glencore has been waiting for several months for China, the biggest buyer of the materials it trades and mines, to give the go-ahead before it can complete its $35-billion acquisition of miner Xstrata.

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