Global iron ore miners have turned off the tap on adding new production capacity to feed China’s steel mills.
China Mining News
The uranium from which the yellowcake was derived was originally extracted from the Saghand mine.
Chinese companies are leading the way in securing the raw materials needed for a massive expansion in battery capacity.
All the talk of a brewing global trade war may turn out to be more bark than bite, but investors in Chinese ETFs aren’t taking any chances.
The United States and China are ABB's two largest markets with around 20,000 employees in each country.
Beijing has sought consultations with the United States, the first step in a WTO dispute, over its announced tariffs on $50 billion worth of Chinese imports.
All that can be said with confidence is that, for the next few years, both supply and demand will grow strongly.
India's Supreme Court in February quashed all iron ore mining permits in the southwestern state of Goa, one of the top producing states for the steel making raw material.
Mining companies saw its shares plummet along with metal prices on Wednesday as China announced additional tariffs on US products, a move experts say is likely to heighten global concerns of a tit-for-tat trade war between the world's biggest economies.
Healthy demand for molybdenum rich stainless steel, especially from the oil and gas industry, plus sluggish supply growth are expected to keep the price of this minor metal riding high.
New trade measures effective Monday.
Shanghai rebar surges 4.4 pct after Handan steel, coking cuts.
"We expect copper prices to hover around highs in 2018."
Jinchuan posted net profit of $41.6 million last year, up from 8.3 million a year earlier.
The company amended its guidance to around 65 per cent of the average benchmark Platts 62 CFR index.
The are two main factors that appear to be emerging that may threaten an end to the current quite rosy picture surrounding demand for commodities such as iron ore, steel and the metals most exposed to the battery boom, cobalt, lithium and nickel.
Coal prices were supercharged last year as China pressed on with efforts to cut overcapacity.
Physical gold demand in Asian hot spots slouched this week as higher global prices made buyers hold off on purchases.
Soaring cobalt and lithium prices are pushing some companies to dig for them in the recycle bin, which some believe could be even more profitable than mining them.
Rio Tinto expects the global iron ore market to stay balanced through 2019 despite a likely moderation in steel demand growth in China, the world’s biggest steel consumer.
China's decision will take effect if no agreement is reached with the U.S.
Chalco increased net profit by 274 percent last year as supply-side reforms and an environmental crackdown lifted aluminium prices.
The London market is only one half of the picture when it comes to tin price signals. The other, very different half is located in Shanghai.
After BMO's star analyst published bullish research notes on vanadium in January (2018), the price of vanadium pentoxide (v2o5) went up another 55%.
The discount of gem-quality lab-created diamonds relative to natural diamonds has doubled from 11-20% a year ago to 28-40% today.