China Mining News

GO GOLD! Inflationary tariffs could supercharge the yellow metal

"What I can say with full confidence, though, is that prices will rise—for producers and consumers alike—which is good for gold but a headwind for continued economic growth."

US-China need new trade framework, says former negotiator

The world’s two biggest economies need to agree on a new framework that will allow both of their economic systems to co-exist.

Metals merry-go-round: hiring picks up as prices recover

More hires are expected as brokers eye opportunities from China’s mainland exchanges opening to investors abroad.

China's Chinalco starts $1.3bn expansion of Peru copper mine

The investment will increase the mine's copper output by 45 percent by 2020, with the value of production exceeding $2 billion annually.

Judge orders Chinese company to stop mining activities in Ecuadorian town

A judge from the Ecuadorian province of Cuenca ruled that Ecuagoldmining South America S.A violated article 57 of the country’s Constitution.

World’s No. 4 iron ore miner wants to diversify its portfolio

The CEO of Fortescue Metals Group said that the company is working towards finding other commodities to mine.

Talks end with China warning trade benefits at risk if U.S. imposes tariffs

China says implementing tariffs will void agreements.

China's COSCO to build $2 bln shipping port in Peru

China is Peru's top trade partner and imports most of the minerals the South American country produces.

China's Shandong Xinhai told to cut nickel pig iron output for summit -official

Shandong Xinhai has annual nickel pig iron production capacity of around 1.2 million tonnes.

Nickel price is soaring

Up 75% in a year battery producers stock up on high grade exchange-held metal in anticipation of electric vehicle boom.

US aluminium tariffs; collateral damage and a missed target: Andy Home

Aluminium in particular shows why tariffs are such a poor trade weapon.

Need junk? Scrap-metal dealers hunting users after China ban

In early May, China implemented a 30-day ban on all scrap-copper imports, part of wider limits on all sorts of imported waste.

US allies hit back at Washington's steel, aluminum tariffs

The US on Thursday said it will impose tariffs on aluminum and steel imports from Canada, Mexico and the EU, reigniting fears of a global trade war.

Electric vehicles on the road to triple by 2020 — IEA

The number of electric cars, including battery-electric, plug-in hybrid electric and fuel cell electric passenger light-duty vehicles, increased by 57% in 2017 from the previous year.

Ivorian miner seeks $375m bauxite venture with Sumitomo

Neighboring Guinea is now China’s largest supplier of bauxite after overtaking Australia in 2017.

China is said to mull more US coal imports to cut deficit

Chinese officials are currently looking at boosting purchases from West Virginia in particular.

Alaska wants cold crabs and colder gas to narrow China trade gap

A planned LNG project alone would shrink the trade gap between U.S. and China by up to $10 billion a year says Governor Bill Walker.

China metals companies trade on Shanghai exchange's new platform

It will expand to include more commodities, including zinc, lead, nickel, tin and silver, in the next step.

Chinalco closes gap on top aluminium producer Hongqiao via Yunnan deal

Yunnan Metallurgical Group, which controls Yunnan Aluminium Co Ltd, will be merged into China Copper Co, a joint venture between Chinalco and the Yunnan provincial government.

Fortescue goes ahead with $1.3bn iron ore project in Western Australia

The Eliwana mine will help the company lift its iron ore grades and so satisfy the new demands of its biggest customer, China, which is increasingly asking for higher quality ore for steel mills to help cut smog.

Asia Gold-Demand fades as prices recover; India discounts widen

Physical gold demand remained subdued this week in most Asian hubs as prices rebounded following an initial dip.

Trump "victories" on trade are anything but

As the year has progressed, the underbrush has gotten thornier, Trump's progress on trade has slowed, and now it has likely stopped altogether.

China opening may spark iron ore to become more like crude oil: Russell

Iron ore is still a long way behind other commodity markets, such as crude oil, where paper trade exceeds physical by large multiples.

Chinese battery firms join Responsible Cobalt Initiative

German car manufacturer Daimler also joined the RCI last month.

What are "critical" minerals and what is the US going to do about them?: Andy Home

The Trump administration is strategizing to reduce import reliance for metals "critical to the economic and national security of the United States."