China Mining News

Resurgent coal exporters should be wary of blinkered optimism: Russell

Coal miners supplying Asia's rapidly growing economies have plenty to be optimistic about as prices and demand appear robust, but they should be wary.

Trade worries aside, copper price has further to fall

"Metals markets are well supplied and weaker demand from China will prove too strong a headwind for prices," says new report.

Global copper output up 7.1 pct in first three months of 2018

Miners around the globe produced 330,000 more tonnes of copper between January and March this year than in the same period of 2017, helped by higher production in world’s leader Chile.

More than 20 Philippine mines pass govt review, 4 fail — official

The panel reviewed the 27 mines in the world's No. 2 nickel ore supplier that former Environment and Natural Resources Secretary Regina Lopez ordered closed or suspended last year.

Cobalt stocks in China set for new surge as EV boom rolls on

A slump in cobalt prices and the shares of Chinese refiners may provide an ideal bargain-hunting opportunity for investors.

Trump threatens almost all imports from China as Beijing fires back

The threat of new tariffs against China pits the world's two largest economies against each other and looks set to disrupt global supply chains for the tech and auto industries.

Indian regulator approves Nutrien’s sale of stake in SQM to Tianqi

The Competition Commission of India green-lighted the $4.1 billion deal reached in May between the Canadian potash giant and China’s Tianqi Lithium.

Chile antitrust watchdog probing Tianqi buy of lithium miner stake

The country's antitrust regulator is investigating the effects on the market of Chinese miner Tianqi Lithium acquisition of a 24% stake in SQM, the world's second largest lithium producer,

Rio Tinto to start building massive Koodaideri iron ore mine in 2019

First production from the Pilbara-based project, which it says it’s one of the world’s most technologically advanced, is expected in 2021.

China marks cobalt, copper ascendancy in Congo with new group

The 35-member union includes China Molybdenum Co.-controlled Tenke Fungurume Mining and MMG Ltd., as well as subsidiaries of China Nonferrous Metal Mining Group and Huayou Cobalt Co. Sicomines, among others.

Wall Street builds immunity to trade war rhetoric

So far, Trump has taken little action beyond tariffs of 25 percent on steel and 10 percent on aluminum on imports from China, the European Union and other countries.

Trump trade war blows up big week for mining majors

A week choc-a-bloc with billion dollar copper, iron ore and cobalt deals ends with huge drop in prices and sell-off in stocks of mining's biggest names.

China's issues guidelines on foreign investment measures

China's State Council issued guidelines on Friday for previously announced measures easing restrictions on foreign investment.

Germany's Heraeus to open $100 mln precious metals recycling plant in China

China is the world's biggest car market and produces only a fraction of the platinum and palladium it consumes.

China urges US to make 'wise choice' on trade tariffs

Trump is due to unveil revisions to his initial tariff list targeting $50 billion of Chinese goods on Friday.

Iron ore price: BHP adds high-grade, lump ore for just $42 a tonne

BHP building $3.4B mine amid surging lump premiums, high-grade fines prices up 30% in a year, is latest indicator iron ore is once again a mining cash cow.

US electric car sector, wary of China, seeks more domestic lithium

China is home to the majority of the world's lithium processing facilities and sucks up most output of top producer Australia.

China wants more high-grade iron ore? Not according to the import data: Russell

There may be a slight problem with the prevailing theme for the iron ore market this year, namely that China is increasingly interested in using higher-grade ore as part of efforts to boost output and lower per unit pollution.

China's Tsinghua University unit to buy aluminium firm for $3.7bn

Tianshan has annual aluminium smelting capacity of 1.4 million tonnes.

Australia takes over Chile as world’s No.1 lithium producer

It produced 4,600 tonnes of lithium more than Chile in 2017 boosted mainly by record output at Mt Cattlin and Mt Marion mines.

China boasts world’s highest sales volume of electric vehicles

China now has the fastest development of EVs in the global market.

Australia's Port Hedland iron ore shipments to China rise 2.4 pct in May

Iron ore shipments from the world's biggest export terminal rose to 45 million tonnes in May from 42.6 million tonnes in the previous month.

China's Inner Mongolia to close 22 small coal mines this year

Inner Mongolia expects to complete a 2020 target of cutting 54.14 million tonnes by 2018.

Cobalt battery boom wavers as prices slide in top user China

A lull in purchasing by battery makers suggests the market is not yet short of supply.

Billionaire schools teacher in NAFTA talks

How did we get here and what does this ratcheted-up trade war mean for Canada, the United States and investors?