China Mining News

Australia's coal revival in full swing by 2019

The outlook for coal depends basically on the growth of electricity and steel production in Asia.

Sinking shipping gauge signals trouble for iron ore, coal price

Rates for dry bulk cargo carriers have collapsed 70% since August.

China plumbs ocean depths to extend its cobalt lead

China, the leading holder of international deep sea exploration licences, increases its lead in the race for alternative sources of battery minerals by taking samples from cobalt-bearing mountains deep in the Pacific.

Chinese copper smelters look to mine investment to secure supply

China is the world's biggest consumer of the metal but its own copper mine production has been stagnating amid a broad crackdown on pollution, exacerbating a heavy reliance on imports.

Chinese vessel collects cobalt samples in the Pacific – Xinhua

The vessel performed a 138-day survey in the west Pacific.

China steel marks second weekly fall amid ample supply

The most actively traded rebar on the Shanghai Futures Exchange closed down 0.2 percent at 3,933 yuan ($566) a tonne, and lost 2.9 percent for the week.

Key festivals light up Indian demand

We were initially skeptical about Diwali demand but it jumped this week, despite higher prices - Harshad Ajmera, the proprietor of JJ Gold House

Abundant aluminium stocks and low prices conceal tight market

Aluminium is a metal key for the transport and packaging industries but at current prices about 40% of the world's aluminium production is losing money.

China October rare earth exports slump to 3-year low

The world's largest producer of rare earth minerals shipped 3,100 tonnes last month, versus 4,950 tonnes in September.

A beautiful mine

While lithium giants like SQM and Albemarle tangle with one another over scarce lithium brines and water, a beautiful lithium mine in Nevada’s Clayton Valley is taking shape.

China's booming alumina exports held steady in October – Chalco president

China this year has been exporting unusually high volumes of alumina, a substance used to make aluminium.

Workers to end strike at Shougang iron ore mine in Peru – union

Workers at Chinese company Shougang Group's iron ore mine in Peru will return to work on Wednesday.

China Minmetals signs 20m tonnes iron ore purchase agreement with Brazil's Vale

The state-owned metals and mineral trading firm also signed a 2,400 tonne nickel briquette purchase agreement with Japan's Sumitomo Corp.

Australia's Port Hedland iron ore shipments to China fall 12% in October

The October figure was also down 7 percent from the same month a year earlier, according to port figures.

China demand for Vale ore to keep price above $90/tonne in 2019 -CFO

What will define Chinese demand for iron ore is continued urbanization, infrastructure investments, auto production.

China slashes Sept U.S. scrap copper imports; sends alumina to Iceland, India

From January to September, scrap copper shipments from the United States fell 13.8 percent.

China's CNNC seeking overseas partners to secure uranium

"Our vision is to be the world's leading uranium company" - Ni Tao deputy manager of China National Uranium Co Ltd

Biggest infrastructure play since the Roman Empire presents upside for Australian business

With $350 billion to spend in the next five years, China’s One Belt One Road – the massive push for a new ‘Silk Road’ – offers huge opportunities for the Australian resources sector.

China machine 'working very well' amid stimulus, Rio says

China is on track for an annual record and is supporting consumption of raw materials.

BHP cuts China, US growth forecasts on trade tensions

The world’s largest miner has cut its economic growth forecasts for the world's two biggest economies as the superpowers engage in a "lose-lose" trade spat.

China refutes reports accusing it of curbing rare earths output

Beijing claims rare earth output quotas for the second half of 2018 only appear lower because the limit for the first six months of the year was for a larger portion of the total annual quota.

China mulls stimulus as car sales drop in world's top market 

To counteract the slowdown, China’s top economic planning body is proposing to halve the tax on car purchases to 5%

Rare earths in the cross-hairs of new high-tech arms race

As a general rule, the most successful man in life is the man who has the best information.

China's Jiangxi Copper posts best quarterly profit in four years

The Nanchang-based company earned net income of 767.3 million yuan ($110.31 million) in the three months to Sept.

Lead, the bull market no-one wants to buy into

Lead has all the hallmarks of a classic bull commodity story.