China Mining News

Rio Tinto to remain strong despite difficulties—report

A key asset is the Oyu Tolgoi copper project in Mongolia, which will partially diversify the miner's earnings away from iron ore.

Copper price rally halted by Chinese factory surprise

Chinese manufacturing shrinks at fastest pace in almost three years.

This iron ore rally is living on borrowed time

Those inclined to make a bullish bet on disaster may be in for a dose of karma. This rally is more likely to collapse than extend.

China's Xinfa cuts alumina output amid bauxite squeeze

Production has been reduced by 500,000 tonnes on an annual basis, said the Xinfa official, who put the plant's total capacity at 3 million tonnes per year.

Asia Gold-Chinese demand jumps; Indian buyers hold off with eye on budget

Global benchmark gold prices registered a fourth straight monthly gain in January.

EY appoints new global mining and metals leader

Paul D. Mitchell has been named the new EY global sector leader for mining and metals.

China's Chalco shuts Shandong aluminium plant amid rising power costs

Chalco is discussing "transformation, upgrading and development," with other shareholders of Shandong Huayu.

Climbing nickel output to cast shadow on prices

"Current price moves are a knee jerk reaction to the Vale news," said BMO Capital Markets analyst Kash Kamal.

China's iron ore hits 16-month high after Vale dam disaster

We do not expect to see a big rebound in iron ore prices in view of this deadly accident as China's iron ore demand over the short term will be mild due to weak seasonality

Chinese iron ore traders face uncertainty after Vale's Brazilian mine disaster

"We're worried that the mine accident might lead to higher premiums on low-aluminium iron ore"

Alibaba to continue to invest aggressively – exec

Chinese e-commerce giant Alibaba Group Holding Ltd will continue to invest aggressively despite an uncertain business environment.

China's lithium hydroxide exports to rise this year – Pilbara CEO

Chinese producers such as Ganfeng and General Lithium have new plants that have been commissioning since Q3'18 and are starting to hit their stride.

Global aluminium production growth brakes sharply in 2018

China's aluminium production, to quote Wood Mackenzie, "is not going to fall off a cliff in 2019".

SQM just made it very difficult for Tianqi to access company secrets

The lithium miner, the world’s second largest producer of the white metal, has approved additional measures to protect corporate data considered confidential from China'a Tianqi, which recently bought almost a quarter of the Chilean company.

Teck, WFP tackle zinc deficiency in China

Teck’s Zinc and Health program has reached 100 million people worldwide since 2011.

World’s top maker of battery cells for EVs to open German plant in 2021

China’s Contemporary Amperex Technology (CATL) plans to produce 60 gigawatt hours by the fifth year of its German plant operations.

Copper price falls after Chinese economic growth hits 28-year low

Copper back in bear market with price down more than 20% since June peak over fears of the impact of the US-China trade war.

China's coal output hits highest in over 3 years as mines start up

"It is now possible that Shaanxi will implement the strictest-ever regulations on illegal production, which would significantly reduce output in the province for the year," - Wood Mackenzie

BHP said to owe $215m in underpaid iron ore royalties to Western Australia

State claims BHP used its wholly-owned Singapore marketing hub subsidiary to understate the price of iron ore sold Japan and China buyers.

Record $93B private capital flows into natural resources

But only sliver of funds raised destined for mining and metals

China's Jiangxi Copper names industry outsider as new general manager

A company spokeswoman stressed that while Zheng may be new to the copper industry, he has a lot of management experience.

China iron ore, steel hit multi-month highs on trade hopes

Prices of steel and steel-making raw materials in China rose on Friday amid optimism over progress in the U.S.-Sino trade talks.

The aluminium puzzle: record deficit but bombed-out price: Andy Home

A new year but the same old problems for aluminium. "When you look at the economics of producing aluminium, these prices cannot be sustainable."

Indian demand lags on price surge; all eyes on Lunar New Year

Local gold prices in India touched their highest since July 2016 this week.

China Moly ups stake in giant Tenke copper mine to 80%

Company has agreed to buy BHR Newwood DRC Holdings Ltd, a holding company set up by private equity firm BHR to buy a 24% stake in the Congo mine in 2017.