The move is seen by analysts as an attempt to strengthen the firm’s image.
Resource scarcity and human rights issues surrounding metals extraction, coupled with unrelenting global demand mean the industry is facing some tough realities.
As our prior series of articles endeavoured to convey, the rare earth space is complicated with many facets that need to be evaluated to properly assess the quality of a development project (mineralogy/metallurgy, grade/tonnage, rare earth element (REE) distribution, economics, infrastructure, jurisdiction, etc.).
The controversial duties, imposed earlier this month, will be eliminated once ongoing negotiations on a free trade agreement (FTA) between the two nations is finalized.
Planners ruled Anglo’s 100 million-tonne project was a threat to the Hunter Valley's thoroughbred and tourism industries.
The all-powerful U.S. dollar is currently hammering base metals and base metal equities. Haywood Securities Mining Analyst Stefan Ioannou says that increasing demand and near-term supply shortages make base metals a bargain that won't last.
World's dominant supplier of rare earth elements reveals a huge portion of supply used in magnets is illegally mined; much larger than initially anticipated
Chinese economy expected to grow at slowest pace since 2009 just as flood of new supply enters the market.
Beijing has launched a five-month campaign that aims to finally crackdown on illegal extraction and smuggling of the coveted elements.
It was reported that Baogang Group expressed strong interest in getting a controlling stake in Gansu Rare Earth Group.
Broker Autilla Ltd (Sapient), the Chicago Mercantile Exchange jointly with Thomson Reuters, U.S. derivatives bourse Intercontinental Exchange, the London Metal Exchange and broker ICAP's online platform EBS will present their proposals this Friday.
Copper price sinks to 10-month low after new report says mine capacity representing 6% of current production will come on stream over the next six months.
Those calling a market bottom after Monday's surge and Chinese import gains may have been premature.
The mining giant has made a sharp U-turn on its initial decision to snub a London listing for its $17 billion spinoff.
New research shows inland Chinese steel mills pay a 35% premium over seaborne benchmark with 210mt of steel capacity potentially looking for alternatives.
The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."
Despite iron ore prices touching rock bottom, the top three producers have no plans to slowdown production. Quite the contrary.
Since it first debuted in August, only five participants have signed up to the price setting process.
The sudden reversion to protectionism is designed to save the local coal industry.
It has set a world auction record on a per-carat basis for a gem of this colour.
The mega-ship Shandong Da Ren docked at Dongjiakou port in Qingdao, eastern China, on Oct. 2.
The head of the iron ore division, Andrew Harding, defens Rio's own plans to ramp up ore production.
Anglo's chief warned the company plans to take severe measures over the next two years.
But with BHP Billiton's announced production boost the port is likely to recover quickly.
While BHP gets ready to further expand iron ore output, Glencore's Glasenberg warns the move will make investing in African iron ore a less appealing prospect.
The country continues to battle chronic power shortages that are crippling its growth.
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