An Australian green investment bank will partner with a Chinese associate in the aim of encouraging more companies to invest in solar energy and, in particular, the use of photovoltaic panels, local media said on Wednesday.

Australian stocks traded sideways today as better than expected Chinese economic data offset ongoing weakness in energy and mining stocks with the All Ords dipping 2.2 points to 5286.8.

Shareholders have approved the sale of Europe's largest supplier of solar panels, Norway-based REC Solar, to a subsidiary of solar maker China National Bluestar, Norway's Elkem Group, for NOK4340 million ($694 million).

The South Korean Ministry of Trade, Industry and Energy (MOTIE) has said that it will invest a total of 81.8 billion won ($75 million) in titanium for the next seven years.

The silicon metal market price in China hit the bottom after dropping by CNY50 per ton after the turn of the year, rebounded by the same amount and now stabilized while remaining flat.

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Jubilee Platinum has been tasked with the beneficiation of chrome and platinum-group metals (PGMs) from the surface tailings of Hernic Ferrochrome’s operations in the North West.

Oman’s Sohar Port and Freezone has unveiled a new $19 million ferrochrome smelter, the second of five planned for Sohar, production at which will be led by Gulf Mining Group, a leading producer and exporter of chrome ore.