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.

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Anglo CEO says investor confidence returns to South Africa

ferro-alloys.com:Iron ore grades price gaps remains constricted

ferro-alloys.com:Strengthening the overcapacity worries as Steel Dynamics plans to construct $1.8 billion mill