Liberty Steel Group has submitted a non-binding indicative offer for ThyssenKrupp Steel Europe, the group said.

UK-Australian resources firm BHP is likely to spin out its thermal and lower-grade coking coal assets into a new firm, similar to the formation of South32 in 2015.

Australian coal producer New Hope is planning to cut 75pc of all corporate staff, including in its marketing and exploration sectors.

?Indonesia expects to see investment in nickel processing, as well as petrochemicals, double to $35 billion by 2033, led by investors from China seeking to expand their businesses in Southeast’s biggest economy.

Steelmaker Liberty makes bid to buy Thyssenkrupp Steel Europe

Rio Tinto increases VAP aluminum output in Q3 on market recovery

Glencore 'running down' coal to invest in new generation minerals: CEO

Indonesia sees China firms lead ‘commitment’ for $35bn nickel investments