China Mining News

China's iron ore posts first weekly loss in 2019

China's steel mills appeared reluctant to restock despite the supply outage from Brazil.

Strange days for coal with Glencore's cap, China curbs

It's little surprise that environmental activists may be tempted to pop champagne corks.

China's Chalco promotes president to top job after chairman resigns

The appointment to the top job marks a rapid promotion for Lu Dongliang, who had only served as president at Chalco for one year.

China port reportedly bans Australian coal amid Huawei tensions

The U.S. is relentlessly pushing its allies to ban Huawei and China is starting to push back.

China delays coal imports from Australia as tensions simmer

“I don’t believe for one moment this is linked to some of the higher level issues of relationships between China and the rest of the world.” - Mackenzie

China steel futures extend gains, iron ore ends flat

Iron ore continues to influence the ferrous complex, steel prices reflect the rising cost of iron ore and producers are passing it on to the consumers.

Chinese traders freeze Australian coal orders amid 40-day customs delays – sources

Tension between Beijing and Canberra has grown in recent months over issues of cyber security and China's influence in Pacific island nations.

Recommissioned Aussie mine dispatches first nickel concentrate shipment to China

Panoramic Resources' first shipment from the Savannah mine contained 7,735 wmt of nickel/copper/cobalt concentrate valued in approximately $6.1 million.

EU starts investigation into Chinese steel wheel imports

The investigation could lead to provisional duties being applied within nine months and definitive duties, typically in place for five years, in 15 months.

China won't come to the rescue in global iron ore supply crisis

“If China’s mines could produce more they would already be doing so."

Copper price slides despite Chinese imports at record pace

US-China trade spat benefitting copper miners as tariffs on scrap imports boost concentrate shipments 17% to nearly 2m tonnes.

China iron ore imports rise on pre-holiday restocking

Iron ore supply is expected to tighten after the Vale accident, but actual effects in the Chinese market will not occur until late March.

China's iron ore futures extend pullback amid supply speculation

"I think this is just a natural volatility after such a big supply shock"

Livent to export Chinese lithium in 2019 due to subsidy uncertainty

The action will increase Livent's sale taxes in China but give it greater access to growing markets for lithium in Japan, South Korea and elsewhere.

Nickel rally fades, electric vehicle buzz doesn't

Was it another false dawn for the nickel market?

China scoops up more gold for reserves as global risks mount

While China’s holdings are the sixth largest by country, they account for only 2.4 percent of reserves, compared with more than 70 percent in Germany and the US.

Vancouver miner to partner with Zijin for gold project in the Kyrgyz Republic

The project encircles the Taldybulak Levoberejnyi Mine, which was recently built by Zijin and contains 3.2 million ounces in reserves and resources at a grade of 7.2 g/t.

China iron ore rises to record on concerns over Brazilian supply

China iron ore futures rose to a record on Monday, the first session after a week-long national holiday, on concerns that supply from Brazil, the country's second-largest ore supplier, may decline after a fatal dam accident at a Vale mine.

Global aluminium market to remain undersupplied over coming years — report

While there are deficits ahead, the global aluminium demand picture will improve.

Chinese mining industry is an early adopter of digital solutions that automate and optimize operations

Metso has opened a new Competence Center for mining in China (CCC). Located in Hunan province in central China, the center focuses on developing and manufacturing solutions for the fast-changing Chinese mining market.

Iron ore prices reach almost two-year high

Analysts believe the price surge lines up with the market halting up to 40 million metric tonnes of Vale’s iron ore production.

Bolivia picks Chinese partner for $2.3B lithium project

This deal gives Beijing a second chance in Bolivia after Xinjiang TBEA beat six rivals to partner with Bolivia on Coipasa and Pastos Grandes.

Megafactories buildout could up nickel demand in batteries 19 fold—Benchmark

Benchmark's MD Simon Moore told the Senate Committee on energy that 70 battery megafactories are in global production – up from 17 .

The new Cold War and gold

The best defense against the repercussions of a mounting pile of debt, and the new cold war, is to own gold - the traditional safe haven.

Everything you need to know about VMS deposits

People are often not aware of where their most prized devices really come from.