China Mining News

Merkel, Xi agree to work on steel overcapacity within G20

Xi said both countries should cooperate despite ideological differences.

Gold price calm to shatter as geopolitical crisis index hits 15-year high

Geopolitical turmoil not piercing bullion markets yet – gold in tightest weekly trading range in percentage terms since 2012; in dollar terms since 2007.

China's alumina restarts hindered by bauxite shortage – Antaike

Alumina refineries and aluminium smelters in parts of China cut production by 30% during November to March as part of a campaign against air pollution.

New Chile govt undecided on blocking SQM sale to China firms -official

Chile development agency Corfo filed a complaint last week to block the sale of a 32% stake in SQM to China's Tianqi Lithium or any related entities.

Visualizing China’s most ambitious megaproject

Costing between $4-8 trillion and affecting 65 countries, China’s ambitious One Belt, One Road (OBOR) initiative is the granddaddy of all megaprojects.

Cobalt to be declared a strategic mineral in Congo

Royalties paid to the government from cobalt and coltan mining will jump to 10 per cent from 2 per cent.

Glencore signs massive cobalt sale deal with China's GEM

The world’s biggest producer of cobalt has agreed to sell around a third of its cobalt production over the next three years to the Chinese battery recycler.

China's iron ore mountain may only be a molehill: Russell

The relentless climb in China's port inventories of iron ore may not be as worrying to the market as they appear, more a reflection of a change in dynamics than anything else.

China state planner approves coal mine in Inner Mongolia, another two in Xinjiang

China's state planner said on Tuesday it has given approval for a coal mine to be built in Inner Mongolia.

Chile attempts to block China from prize lithium asset

Chile development agency Corfo has asked antitrust regulators to block the sale of a 32 percent stake in Chilean lithium company SQM to a Chinese firm on the grounds it would give it an unfair advantage in the global race to secure resources to develop electric vehicles.

Russia and China to work on joint uranium mining project

The Russia-China Investment Fund for Regional Development will kickstart the financing for a uranium mining project.

China's Zijin Mining interested in Serbian copper mine RTB, Belgrade says

Serbia has tried and failed three times since 2007 to sell the debt-laden mining complex.

Countries evaluate actions to offset the effects of Trump’s tariffs

Reactions continue to pour in following U.S. President Donald Trump’s imposition of 25 per cent tariffs on steel imports and 10 per cent for aluminium for almost every country but Mexico and Canada.

Gold and titanium nanowires restore vision in blind mice

Researchers from Fudan University and the University of Science and Technology of China tried curing blindness using gold and titanium.

Chile files complaint to block sale of SQM shares to Chinese companies

Chile’s antitrust regulator FNE will need to review the complaint.

China spreads the love to all sources of energy, even hated coal

China mines and burns about half the world’s coal, so it can’t totally ditch it.

Tesla chief executive asks Trump for 'fair outcome' on China trade

Elon Musk took to Twitter to call on U.S. President Donald Trump to challenge Chinese auto trade rules.

More countries want to be exempt from Trump’s tariffs

Brazil, Argentina, Japan and the EU have expressed concerns about the measure.

Platinum market forecast to remain in balance in 2018

Global platinum supply is forecast to be 7,815 koz in 2018, a decline of 2% from 2017.

Copper, iron ore prices drop as Chinese imports plunge

But the customs data look worse than it is.

Why electric vehicles could fracture the nickel market: Andy Home

The EV story is a strong, slow-burn bull case for higher nickel prices.

EU warns Trump of trade war, China raises concerns at WTO

Europe and the IMF urged Donald Trump on Wednesday to step back from the brink of a trade war, after the resignation of his economic adviser emboldened those encouraging him to push ahead with tariffs on imported steel and aluminium.

Glencore's talks to sell cobalt to Chinese firm falter on price

Price is a sticking point as Glencore and other major producers are now able to exert more influence in negotiations, sources said.

China to cut more coal, steel output to defend 'blue skies'

China’s state planner pledged on Monday to cut more steel and coal production capacity this year.

China’s staggering demand for commodities

It’s said that in China, a new skyscraper is built every five days.