The most active rebar on the Shanghai Futures Exchange climbed 2.6 percent a tonne by the close, posting its biggest daily gain in more than two months.
China Mining News
A new joint venture has been born.
With some vessels waiting to load coal and iron ore outside Australian ports for over a month, key charter rates jumped to highest in more than three years.
More than half the 2017 combined market cap gains for the world's largest listed miners accrued to just five firms as gold producers drop out of top 10.
While long-term diamond demand may be slowing, this year rough-diamond prices experienced positive turn-around and prices of polished diamonds stabilized.
China's aggressive campaign to clean its skies by clamping down on polluting steel mills has fuelled a need for high-grade iron ore.
Chinese investment firm NextView has agreed to acquire all of the issued and outstanding common shares and warrants of Canadian Lithium X.
Iron ore futures in China rose for a second session on Tuesday, supported by demand from steel producers for high-grade raw material to boost productivity.
Domestic iron ore mines are also humming.
Iron ore price jumps 5.2%, coking coal rises to levels last seen during cyclone Debbie as Chinese mills restock.
Australian iron ore producer is only stock on the nation’s blue-chip resources index to hand investors a loss in 2017, tumbling from its previous top status.
Companies like Ursa Space Systems Inc. are using satellites to try to shed light on tightly held secrets in the commodity trading world.
2017 has been a year of excess inventory shifting from the upstream segment of the diamond industry to the mid-stream segment.
Benchmark copper on the LME settled up 1.4% to US$6,886 a tonne.
Creation of digital bitcoins by computer networks has real-world consequences in form of massive energy use, including fuels that cause most pollution.
NextView Capital agreed to acquire a 19.89% equity interest in Bacanora via placement of 32,976,635 common shares in the Company at 94.53 $1.26 per share.
In past three months, China’s commodity imports were extremely strong in Sept, unbelievably weak in Oct, now roaring back to strength in Nov.
Base metals were hot this year with zinc, copper and aluminum among leaders, climbing between 15% and 23%. What about 2018? Analysts say China will know.
Concerns about the sourcing of Yantai’s metal have reduced interest in the LME’s cobalt contract, trading sources said.
Raw materials in 2016 scrap worth an estimated $64.61 billion, including metals such as gold, silver, copper, platinum and palladium, U.N.-backed study said.
The institution will stop all lending for oil and gas projects after 2019, with some exceptions.
China Three Gorges says this would be not only the largest but also the "most intelligent solar power project with the most advanced technology in the world."
Chinese steel futures bounced back Monday after three-day drop as output cuts in world's top producer deepened with China's anti-pollution campaign.
November copper concentrate shipments to China hits all-time monthly high – annual iron ore imports set to easily surpass 2016's record 1 billion tonnes.
One of China's top copper smelters has reduced production by 20-30 percent to comply with winter output restrictions, a company official said on Thursday.