Woo served as a U.S. State Department representative in Asia for about 15 years with postings in countries including China, Japan and Australia.
After a brutal two-month sell-off, the nickel price is recovering as Chinese port stocks are depleted and global stainless steel output picks up.
The affected company is Planetary Resources, the U.S.-based start-up aiming to mine asteroids.
China imposes strict pollution controls ahead of Beijing APEC summit forcing steel mills to cut output.
The country's ultimate purpose is to extract rare earth elements, breaking China's dominance and pushing prices down.
Members of the World Gold Council spent last year a total of $47 billion in countries hosting their mining operations.
Total gold imports from Hong Kong totalled 91.745 tonnes, as the nation observed its annual holiday the first week of October, a time when millions of people travel and spend more than usual.
Once again Cutifani delivers — freight from Minas-Rio leaves for China by year-end and within the latest estimated budget.
That is worth around $534-$854 million, based on prices of $6,675 per tonne.
Resource scarcity and human rights issues surrounding metals extraction, coupled with unrelenting global demand mean the industry is facing some tough realities.
The move is seen by analysts as an attempt to strengthen the firm’s image.
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.
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