China Mining News

Human activity creates 208 new mineral species

Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls

Barra looks to China for GM's electric rebirth: Anjani Trivedi

In 2014, Barra listened to accounts of families who’d lost a member while driving in a General Motors Co. Chevrolet Cobalt that malfunctioned.

China's industrial profits suffer first drop in 3 years, piles pressure on economy

The gloomy data points to a further loss of economic momentum as a trade dispute with the US piles pressure on China's vast manufacturing sector.

China copper smelters raise TC/RC floor for Q1 2019

China's top copper smelters on Thursday raised their floor treatment and refining charges (TC/RCs) for the first quarter of 2019 by 2.2 percent.

Trump's EPA to maintain Obama-era coal plant curbs, with a twist

Electric utilities have already spent billions of dollars to meet the requirements.

Dalian coke futures end at 3-week low on demand concerns

Chinese iron ore and rebar contracts, however, edged up on hopes that steel demand will pick up.

U.S. trade delegation to travel to China week of Jan. 7 for talks

The meeting would be the first in-person talks since Trump met with Xi Jinping in Buenos Aires on Dec. 1.

China's Zhejiang Huayou to invest $147m in copper project in DRC

The project will be located in the Lukuni region in the south.

China carbon industry to face severe overcapacity — association

Carbon products are widely used in sectors such as metallurgy, chemicals, aviation and renewable energy.

China's GEM signs five-year battery material supply deal with ECOPRO

This deal is Gem Co Ltd's latest effort to win a bigger share of the booming power cell market.

China's Minmetals to buy 2.04m tonnes iron ore from Rio Tinto in 2019

Minmetals will purchase Pilbara Blend lump ore that will delivered through 12 cargoes and priced at around $144.94 million.

BMO digs deeper in mining during a ‘transition’ year for bank

“Our lending commitments to the metals and mining sector at BMO have doubled over the last five years, and a lot of that has really been in the last couple years.”

China aluminium firms to cut 800,000t of capacity in coming months – official

Operating pressure on smelters is "reaching the extreme limit" even worse than in the fourth quarter of 2015.

The year that politics broke the metals cycle: Andy Home

In a world where the Trump Administration is leading a return to economic and resource nationalism, it’s hard to see how global metals can break free of global politics.

Codelco agrees 3-year "evergreen" deals with clients in strategy overhaul

We are focusing on the good clients who have an end-user market.

Five themes to watch for European miners after humbling year

It all started so well in 2018.

China's top aluminium firms gather to address price slump – sources

The major producers will talk about what they can do to support the market, if there's a possibility to do further curtailments.

Jewellery giant Chow Tai Fook joins De Beers diamond blockchain program

The Hong Kong-based company's involvement will further extend the platform’s reach into the Asian diamond sector.

Rio Tinto, China Baowu in talks to extend Pilbara iron ore JV

The miner and one of the world's top steelmakers, have agreed to negotiate a possible extension to their iron-ore joint venture in Australia.

Copper price falls despite China's promise of more 'economic miracles'

Industrial metal prices tumble as President Xi's defiant speech intensifies trade war fears, offer little on economic stimulus or market reforms.

Coal demand seen steady through 2023 thanks to India and China — IEA

Coal consumption is on the rise and will remain roughly stable over the next five years, the International Energy Agency forecasts.

Metals rebirth tied to shrinking supplies, stimulus in China

Five metals fell by 13 percent or more, led by zinc, which lost more than 20 percent.

China's HBIS to invest in $4.4B steel project in Philippines

The Philippine Iron and Steel Project will be the country's first integrated steel complex and represents the biggest industrial investment from China.

Coal mine accident in southwestern China kills 7 -Xinhua

The workers at the Fengchun coal mine under the Chongqing Energy Group were killed in an underground transport accident.

Asia Gold-High prices leave demand in the doldrums ahead of holidays

If prices come down, we might see some buying because both the new year and the Chinese new year are coming up.