James Fontanella-Khan Spot news

Rusal ‘runs out of time’ with listing plan
Oleg Deripaska is likely to have to give up his attempt to raise $2bn (FT)

Felix shareholders approve Yanzhou’s $3.2bn offer
Investors will receive A$18 a share, including A$16.95 in cash from Yanzhou (Reuters)

Secondary issues boost junior miners
Aim-traded companies raised £234m (FT)

PetroChina to Double Production at Domestic Ventures
Output to increase to at least 15m metric tons a year by 2015 (Bloomberg)

Distributors fear rules will harm grid investment
New pricing could strangle vital investment (FT)

OPG doubles interim revenues
Pre-tax profits rose from £2m to £3.5m (FT)

Enoc fears backlash from Dragon’s tail
Shareholders decision could have big implications for Dubai (FT)

Lex: London-istan (FT)