As scrap ban bites Chinese traders up May cargoes 37% year on year.
China Mining News
The battery cell maker is working on the first section of the factory, in Skellefteå in the north of Sweden, which will be completed in 2020 and produce eight gigawatt cell capacity per year.
Congolese-American businessman and convicted fraudster Charles Brown claims he's owed $1 billion in compensation for a 19% stake he previously held in Mutanda Mining, and which Glencore allegedly sold in two fraudulent transactions, in 2007 and 2012.
ScotiaMocatta is curtailing lending to the physical metals supply chain and would refocus on major corporate clients.
Are the dark days for platinum set to last?
The companies are committed to explore for mineral deposits first in the Asian country and then the rest of the world .
Chinese jewelry sales are a key component of global demand for both physical gold and platinum, accounting for 14% and 16% of consumption respectively.
Some Republican lawmakers warn that Trump could trigger a trade war that would destabilize the economy and ultimately hurt American workers.
The country's car industry currently employs about 840,000 people, with 210,000 of them working on powertrain production, the sub-sector set to be the worst hit.
"What I can say with full confidence, though, is that prices will rise—for producers and consumers alike—which is good for gold but a headwind for continued economic growth."
The world’s two biggest economies need to agree on a new framework that will allow both of their economic systems to co-exist.
More hires are expected as brokers eye opportunities from China’s mainland exchanges opening to investors abroad.
The investment will increase the mine's copper output by 45 percent by 2020, with the value of production exceeding $2 billion annually.
A judge from the Ecuadorian province of Cuenca ruled that Ecuagoldmining South America S.A violated article 57 of the country’s Constitution.
The CEO of Fortescue Metals Group said that the company is working towards finding other commodities to mine.
China says implementing tariffs will void agreements.
China is Peru's top trade partner and imports most of the minerals the South American country produces.
Shandong Xinhai has annual nickel pig iron production capacity of around 1.2 million tonnes.
Up 75% in a year battery producers stock up on high grade exchange-held metal in anticipation of electric vehicle boom.
Aluminium in particular shows why tariffs are such a poor trade weapon.
In early May, China implemented a 30-day ban on all scrap-copper imports, part of wider limits on all sorts of imported waste.
The US on Thursday said it will impose tariffs on aluminum and steel imports from Canada, Mexico and the EU, reigniting fears of a global trade war.
The number of electric cars, including battery-electric, plug-in hybrid electric and fuel cell electric passenger light-duty vehicles, increased by 57% in 2017 from the previous year.
Neighboring Guinea is now China’s largest supplier of bauxite after overtaking Australia in 2017.
Chinese officials are currently looking at boosting purchases from West Virginia in particular.