Atlas Copco’s shares fell 9 percent at 1149 GMT, dragging Nordic industrial peers such as Sandvik and SKF lower, and also hitting German vacuum gear rival Pfeiffer Vacuum.
China Mining News
The first spot transaction sees 3,000 tonnes of alumina change hands at $437.23 a tonne.
The company has set up a representative office in Machala, capital of Ecuador's El Oro province, historically a gold-producing region, and will use this as a base to participate in South American projects.
China’s switch from industrial-led to consumption-led growth seems to be showing up everywhere except the production numbers of iron-ore miners.
The company's gold output will be flat or a little lower than last year, Zijin Chairman Chen Jinghe told Reuters on the sidelines of a conference in Tianjin.
Total volume reached 252 million yuan ($36.3 million).
A rebound in mining mergers and acquisitions is set to continue into 2019, as a dearth of exploration spending leaves the industry in need of fresh investment.
World salt exports rose to 64 million tonnes in 2017, up 10 million tonnes from 2016.
Government promises action, raising fears of consolidation.
The Aviles and La Coruna plants were two of the least productive due to intrinsic structural problems such as inefficient technology and high fixed costs.
BHP's iron ore output rose to 69 million tonnes during the three months ended Sept. 30.
World warehouse stocks are dropping, down 50% since the first of April.
The copper market is currently experiencing a squeeze on physical metal which is unexpected.
Dutch battery maker Lithium Werks BV, founded earlier this year, is investing 1.6 billion euros ($1.85 billion) in a massive lithium-ion cell factory in China as demand for batteries is surging.
Steel demand expected to rise by 3.9% in 2018, but trade tensions are clouding global economic outlook.
No one will be taking alumina for granted any more.
The goal is to reduce reliance on batteries from Asia, particularly China and South Korea.
E-bikes would require compact, lightweight, and reliable lithium-ion batteries similar to those that power everything from iPhones to Teslas.
On Oct. 11, Chile's Constitutional Court put the brakes on a $4 billion deal allowing the sale of A 24 percent stake in SQM to China's Tianqi Lithium Corp.
Donald Trump didn't make it to LME Week, the annual jamboree of the global metals trading community. But the US president was the hot topic.
The September imports were 21.2 percent higher than a year earlier and were the highest since March 2016.
The Constitutional Court said it would hear arguments in the case on Oct. 22.
The controlling shareholder in Chilean lithium producer SQM on Wednesday filed suit with Chile's Constitutional Court.
Chinese copper demand has been so strong in the past few months that top producer Codelco has almost sold out of supplies for next year, well ahead of schedule.
For all the bullish talk about metals of the future, miners are making some of their biggest profits from heavy-industry stalwart coal.