China's biggest state-run aluminium producer has decided to make around 470,000 tonnes of annual output at units including Shanxi Huasheng and Shandong Huayu subject to "flexible" output arrangements.
China Mining News
As steel prices slid, Chinese mills ran up losses for the first time in three years this month, ending years of solid profit margins.
Fears over slowing Chinese growth and impact of trade war with the US removes floor under iron ore price.
China's steel prices tumbled more than 5% to a five-month low as persistent worries over weaker demand pushed the sector into a bear market, sparking a selloff in raw materials iron ore and coking coal.
The company is selling its 69%-stake in Rossing Uranium Limited, which owns the Namibian mine, to China National Uranium Corporation (CNUC).
According to Fitch Solutions, slightly higher prices and stronger company financial positions are encouraging greater mine investment.
Global iron ore production will grow due to mine expansions in Brazil and increasing output from India.
Xinfa Group won't have to cut metal production in its home city of Liaocheng this winter and will only have to reduce alumina output by 10% for two months.
It was supposed to be a year of mine disruptions, with the market anticipating that multiple labour contract expiries would result in at least one strike.
Chinese production dropped sharply last month, and unless the Shanghai market can break out of its downtrend, more smelter casualties seem likely.
Expectations of a supply avalanche hitting the nickel market next year due to new capacity in Indonesia have sent prices to seven-month lows, but analysts doubt the plans spearheaded by Chinese firms can be carried out so quickly.
The global energy-storage market will surge to a cumulative 942 gigawatts by 2040.
Natural disasters and glitches at their ageing facilities have prevented Nippon Steel from producing as much steel as they had planned.
Chinese and Canadian authorities have approved the Zijin's bid to buy Nevsun Resources.
China National Coal Group will supply in 2019 more than 97 million tonnes of coal to six utilities, with volumes rising in each subsequent year of the deals.
Palladium prices are shattering record highs.
The outlook for coal depends basically on the growth of electricity and steel production in Asia.
Rates for dry bulk cargo carriers have collapsed 70% since August.
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.
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.
The vessel performed a 138-day survey in the west Pacific.
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.
We were initially skeptical about Diwali demand but it jumped this week, despite higher prices - Harshad Ajmera, the proprietor of JJ Gold House
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.
The world's largest producer of rare earth minerals shipped 3,100 tonnes last month, versus 4,950 tonnes in September.