China Mining News

Lead, the bull market no-one wants to buy into

Lead has all the hallmarks of a classic bull commodity story.

Japan steel industry group head worried about signs of slowing China economy

The calm before the storm, potentially.

China's Jiangsu Shagang to stop 9 blast furnaces in Nov

The operation halt at two steel mills is expected to reduce pig iron output of 290,000 tonnes and steel products output of about 160,000 tonnes.

China's Byton eyes IPO to fund expansion – Automobilwoche

Byton already has financial backing from Chinese battery supplier Contemporary Amperex Technology Co.

Yanzhou Coal's Australia bet wins over Goldman on price gain

Yanzhou Coal Mining Co.’s high-profile acquisition of assets in Australia last year is set to pay dividends

Chile’s court rejects lawsuit to block Nutrien’s sale of stake in SQM to Tianqi

While the decision is final and not subject to appeal, one legal hurdle remains — Pampa Group, which controls SQM, earlier this month filed an additional appeal with Chile’s TDLC antitrust court.

Surging US steel helps iron ore price to 9-month high

Global steel production stays strong in September with Chinese furnaces blasting at near record pace and US output surging 9%.

Bolsonaro's anti-China rants have Beijing nervous about Brazil

Bolsonaro has portrayed China, its largest trading partner, as a predator looking to dominate key sectors of its economy.

Chalco Q3 profit rises 6.8 pct on lower operating costs

The listed arm of Chinalco, China's biggest state-run aluminium producer, posted net income of 640.9 million yuan ($92.31 million) for July-September.

Barrick could trade copper mines for gold ones to expand Tier 1 assets

The combined miner plans to focus on Tier 1 assets, those producing at least 500,000 ounces of gold annually, with a mine life of more than 10 years and low costs.

Steel wheels from China dumped in US market

The commerce department, has instructed US border officials to collect cash deposits at a margin of 231.7 percent

Zinc market tightness confounds bearish expectations

"Screamingly bullish" is how analysts at Citi described the Shanghai Zinc market earlier this month.

China cutting rare earth output, unnerving global manufacturers

The decision means there will only be enough supply for China's domestic buyers.

CITIC goes after Palmer’s Mineralogy over iron ore project claims

Aussie mining tycoon Clive Palmer is being sued by China’s largest conglomerate, CITIC, over his alleged “refusal” to co-operate in making more land available on a major iron ore project in Western Australia.

Dyson picks Singapore to build electric cars rivaling Tesla

From vacuum cleaners to electric vehicles.

China's alumina exports in September surged to their highest level this year

Figure is fivefold increase from August, up 3,400% y/y

Ford sees higher metal costs, hopes China and US can settle trade issues

U.S. steel costs are higher than anywhere else in the world, they're certainly up year over year and they're up versus what we were expecting - Joe Hinrichs, Ford VP

Strike at Shougang's iron ore mine in Peru halts exports-manager

Some 800 workers, including at the port San Juan de Marcona, have taken part in the indefinite strike after negotiations over a new contract broke down.

China's winter pollution cuts may boost high-grade iron ore

The logic is sound: If steel mills are given pollution restrictions, they will use the best possible quality iron ore to maximise the amount of steel produced relative to the energy consumed.

Nutrien says SQM top shareholder seeking to block Tianqi deal for ‘personal benefit’

Nutrien’s executive vice-president Michael Webb, described Julio Ponce, the Chilean miner’s top shareholder and former chairman, as a “hypocrite” and urged him to “look beyond himself."

Glencore boss Ivan Glasenberg to retire in 3-5 years — report

He is said to have already begun training three to four people to succeed him in the job.

Boom in EV batteries helps suppliers older than Ford’s Model T

Brazil's Vale expects the EV revolution to boost battery market nickel demand to as much as 700,000 tons in 2025, from just 36,000 tons this year.

Chinese rescuers race to save workers trapped in mine accident -Xinhua

A rock burst at around 11 p.m. on Saturday destroyed part of a water drainage tunnel in a coal mine.

NMC batteries dominating EV – sales to reach 63% of global market

NMC cathodes currently account for nearly 28% of global EV sales, forecast to grow to 63% by 2027.

China Sept coal output hits 9-month high as new capacity starts up

China ready to bring on the heat as the official heating season starts on Nov. 15.