The company posted a profit attributable to shareholders of A$330.4 million ($244.23 million) for the six months ended January 31, compared with a loss of A$55.4 million a year earlier

The milestone included gains in engineering products, apparel and garments, gems and jewellery and petroleum products

Much of the record payout was driven by the bumper profits and dividends of the large miners

Canberra on Friday announced new sanctions against 11 government entities and financial institutions and 41 more individuals, including two billionaires

The move comes after a storm of coal-related issues drove widespread power outages and rationing around the country in September and October 2021

Due to carbon and environmental curbs and the Russia-Ukraine conflict, the prices of commodities scaled fresh highs, affecting bottom lines

The initiative is part of president Joko Widodo's goal of developing a supply chain utilising the Southeast Asian country's mineral resources

The Chinese company and lenders will discuss a standby secured liquidity facility, Tsingshan said, without providing any other details

One of the world's top nickel producers faces massive losses on its short positions after prices soared over $100,000 per tonne last week and forced LME to halt nickel trading

EU filed a complaint against Indonesia at WTO for the Southeast Asian country’s restriction on nickel ore export, but Indonesia remains unbothered

Some of the measures, including incentives for exports, are likely to be incorporated in the National Green Hydrogen Mission

The threat of another government export ban is deterring producers from immediately increasing shipments, likely keeping prices elevated for a while