China Mining News

World's lithium king is ready to unleash a flood of new supply

Soc. Quimica & Minera de Chile SA sits on the world’s richest deposit of lithium and already produces more than 20 percent of the global supply.

US sanctions on Rusal shatter aluminium's supply chain: Andy Home

By extending the sanctions deadline to Oct. 23, 2018, the Treasury Department has given Rusal and the aluminium market some much needed breathing space.

Increased production at Chinese domestic coal mines lead to decline in thermal coal prices

Since a price ceiling was imposed at China’s main coal import harbour Qinhuangdao in mid-February, seaborne prices for coal have started to decline.

Australia's Fortescue iron ore shipments, price fall in Q3

The iron ore producer reported a 2 percent fall in third-quarter iron ore shipments on reduced demand in China.

Chalco Q1 profits fall 19.4 pct on lower aluminium prices

Chalco produced approximately 3.61 million tonnes of aluminium last year, according to a filing to the U.S. Securities and Exchange Commission last week.

Gemfields talks up ‘responsibility’ amid lawsuit over alleged human rights abuses

The UK miner, which is the world's top coloured gems producer, is also adopting a new technology to further drive transparency in the sector.

Mining firms from China to Canada watch as Greenland holds election

China already actively seeking opportunities.

Commodities are flashing a once-in-a-generation buy signal

Since the commodities supercycle unwound nearly 10 years ago, many investors have been waiting for the right conditions to trigger mean reversion and lift prices.

Mining firms from China to Canada watch as Greenland holds election

Chinese interest in Greenland comes after Beijing expressed ambitions to form a "Polar Silk Road" by developing shipping lanes opened up by global warming.

Bolivia nearing deal on partner to develop lithium – minister

The South American nation hopes to sign a deal with a foreign partner after a decade of state-led development left output far short of goals for the metal.

China, the highly problematic saviour of the global aluminium market? Andy Home

As supply fears grow, the market's attention is turning to China as a potential source of aluminium.

Australia's Pilbara Minerals to ship first spodumene cargo to China in Aug

Spodumene is a mineral mined as a source of lithium, a key ingredient in electric vehicle batteries, for which China is the world's biggest market.

Embattled Acacia Mining keeps losing money due to Tanzania tax row

Revenue in the first quarter slumped almost 50% due mainly to reduced operations at its flagship Bulyanhulu gold mine.

U.S. Commerce Dept finds aluminum sheet imports from China subsidized

The government agency calculated preliminary subsidy margins ranging from 31.20 to 113.30 percent of the value of the imported common alloy aluminum sheet.

Chinese iron ore off 10-mth low on March output data

The world's biggest steel maker last month churned out a total of 73.98 million tonnes of steel, up 4.5 percent from a year ago.

EU demands compensation for U.S. steel tariffs at WTO

In a step already taken by China, the EU said it did not accept the "national security" justification for the U.S. tariffs.

Chinese investors key as cobalt price hits month low

Cobalt27 CEO lines up Chinese automaker deals, ponders HK listing: “There is a lot of interest and it is natural because it is where all this will happen”.

Global bauxite production to grow: BMI

A new report issued by BMI research states that global bauxite production growth will accelerate over the coming years.

Copper, iron ore prices gain on robust Chinese imports

China's copper imports bounce back in the first quarter and is now up more than 7% year-on-year and iron ore shipments remain on pace for another record.

Demand in India picks up ahead of festival

Next week Indians will be celebrating the annual festival of Akshaya Tritiya, when buying gold is considered auspicious.

China to allow foreign investors to trade iron ore futures starting May 4 -regulator

China is the world's biggest consumer of iron ore, the raw material for manufacturing steel.

CMOC Intl CEO Madhavpeddi leaves mining giant

The parent group's Executive Chairman Chaochun Li has replaced him as acting CEO.

Impact of electric cars in medium-term copper demand ‘overrated’, experts say

Increasing disposable income in emerging economies and the adoption of greener technologies, are the two factors to drive most of the expected increased demand in copper during the next five years.

Eurasian Resources Group: market outlook 2018

The past couple of months have featured a broad retracement of the metals complex, away from the recent highs.

Coal dead? Peak oil demand? Five takes on fossil fuels' future

Mining mogul Bob Murray offered a passionate defense of coal, asserting that we’d all “die in the dark” without it.