China Mining News

Iron ore giant says miners have shut gates on new supply

Global iron ore miners have turned off the tap on adding new production capacity to feed China’s steel mills.

Iran to transfer yellowcake to uranium conversion facility

The uranium from which the yellowcake was derived was originally extracted from the Saghand mine.

Here are the firms feeding China's battery revolution

Chinese companies are leading the way in securing the raw materials needed for a massive expansion in battery capacity.

Chinese investors rush to gold ETF as trade angst adds to risk

All the talk of a brewing global trade war may turn out to be more bark than bite, but investors in Chinese ETFs aren’t taking any chances.

ABB hopes for US concessions on tariffs on Chinese special steel

The United States and China are ABB's two largest markets with around 20,000 employees in each country.

China launches WTO complaint on U.S. tariffs linked to IP issues

Beijing has sought consultations with the United States, the first step in a WTO dispute, over its announced tariffs on $50 billion worth of Chinese imports.

The international lithium race

All that can be said with confidence is that, for the next few years, both supply and demand will grow strongly.

Vedanta, others can transport royalty-paid iron ore from Goa -Court

India's Supreme Court in February quashed all iron ore mining permits in the southwestern state of Goa, one of the top producing states for the steel making raw material.

Miners, commodities hit as US-China trade war heats up

Mining companies saw its shares plummet along with metal prices on Wednesday as China announced additional tariffs on US products, a move experts say is likely to heighten global concerns of a tit-for-tat trade war between the world's biggest economies.

Revitalised demand growth to buttress molybdenum prices

Healthy demand for molybdenum rich stainless steel, especially from the oil and gas industry, plus sluggish supply growth are expected to keep the price of this minor metal riding high.

China hits U.S. goods with tariffs as 'sparks' of trade war fly

New trade measures effective Monday.

China steel, coking coal jump on Handan curbs, short covering

Shanghai rebar surges 4.4 pct after Handan steel, coking cuts.

Jiangxi Copper posts fastest annual net profit growth in 7 years

"We expect copper prices to hover around highs in 2018."

Profit at China's Jinchuan International surges on higher cobalt, copper prices

Jinchuan posted net profit of $41.6 million last year, up from 8.3 million a year earlier.

Fortescue cuts iron ore price outlook as Chinese production slowdown, trade tensions weigh

The company amended its guidance to around 65 per cent of the average benchmark Platts 62 CFR index.

Two risks threaten commodities, one bullish, one bearish: Russell

The are two main factors that appear to be emerging that may threaten an end to the current quite rosy picture surrounding demand for commodities such as iron ore, steel and the metals most exposed to the battery boom, cobalt, lithium and nickel.

Shenhua profit rises to 5-year high as China curbs boost coal

Coal prices were supercharged last year as China pressed on with efforts to cut overcapacity.

Asia Gold-Higher prices keep buyers at bay; India discounts at 6-1/2-month high

Physical gold demand in Asian hot spots slouched this week as higher global prices made buyers hold off on purchases.

Companies now looking for electric battery metals in the garbage

Soaring cobalt and lithium prices are pushing some companies to dig for them in the recycle bin, which some believe could be even more profitable than mining them.

Rio Tinto sees iron ore market to stay balanced through 2019: executive

Rio Tinto expects the global iron ore market to stay balanced through 2019 despite a likely moderation in steel demand growth in China, the world’s biggest steel consumer.

China strikes back in trade spat, aims tariffs at $3 billion U.S. goods

China's decision will take effect if no agreement is reached with the U.S.

Chalco's net profit soars on higher aluminium prices

Chalco increased net profit by 274 percent last year as supply-side reforms and an environmental crackdown lifted aluminium prices.

Feast and famine in the global tin market(s): Andy Home

The London market is only one half of the picture when it comes to tin price signals. The other, very different half is located in Shanghai.

This electric metal gem is up 55% in 2018 and investors have hardly noticed

After BMO's star analyst published bullish research notes on vanadium in January (2018), the price of vanadium pentoxide (v2o5) went up another 55%.

The price of lab-created diamonds continues to fall

The discount of gem-quality lab-created diamonds relative to natural diamonds has doubled from 11-20% a year ago to 28-40% today.