More than 100 coal mines in China halt operations for centennial

In Shanxi, the country’s biggest coal producing province, 128 of the fossil fuel mines accounting for nearly a quarter of the region’s capacity have suspended operation.

Bloomberg News | June 30, 2021 | 6:52 am

Biggest China bank walks away from $3bn Zimbabwe coal plan

Industrial and Commercial Bank of China said it wouldn’t fund the 2,800 MW Sengwa coal project in Northern Zimbabwe.

Bloomberg News | June 30, 2021 | 6:47 am

Myanmar army tightens grip on lucrative jade sector

Myanmar produces about 70% of the world's jade, but the industry is plagued by conflict, corruption and environmentally destructive practices.

Cecilia Jamasmie | June 30, 2021 | 6:45 am

Renault pledges to cut battery costs 60% this decade in EV push

Renault also plans to lower the cost of its electric motors by 30%, make them more compact and extend their range.

Bloomberg News | June 30, 2021 | 6:32 am

Russell: Iron ore quality premium widens to record amid China demand, lower inventories

The spread between low- and high-grade iron ore has blown out to the highest on record in dollar terms, suggesting Chinese steel mills are trying to maximise output by using as much of the best quality ore as possible.

Reuters | June 30, 2021 | 6:20 am

Sayona Mining gets court nod for Canadian lithium firm acquisition

The company and Piedmont Lithium made a joint bid for North American Lithium earlier this year as part of a plan to expand in North America.

Reuters | June 30, 2021 | 6:08 am

China faces risks due to high chrome, manganese, nickel import reliance — report

According to Roskill, China’s net import reliance on chromium, nickel and manganese ore are calculated at 100%, 83% and 68%, respectively.

MINING.COM Staff Writer | June 30, 2021 | 6:06 am

IGO closes $1.4b deal for stake in Tianqi Lithium assets

The nickel miner has taken 49% in a joint venture that gives it 25% in the Greenbushes lithium mine and 49% in the Kwinana processing plant in Western Australia.

Reuters | June 30, 2021 | 6:04 am