EXPLAINER: What we know about China’s metals reserves release
Beijing confirmed the release of state reserves for the first time in a decade to cool metals markets. Here is what analysts know about the sale.
Latest Stories
BHP to pick port ahead of Jansen potash mine decision
Before choosing whether to spend a further $5.7bn to bring Jansen into production, BHP is looking into what port it would use to ship the fertilizer ingredient.
Unmanned train to allow Vale to reopen iron ore plant at Xingu dam
With the train, Timbopeba processing plant will be able to operate at least at 80% of its capacity of 33,000 tonnes of iron ore "fines" per day.
Canada’s Coal Association responds to Ottawa’s thermal coal mine ban
Canadian thermal coal will be replaced by dirtier product from elsewhere, says Coal Association.
Chilean senators pause to ponder tax impacts
The senate’s mining and energy committee will hold weekly hearings on the proposed royalty through mid July.
3Aces exploration continues despite positive covid case
Seabridge says one contractor tested positive for covid as the Yukon sees a spike in caseloads.
Fire at Kinross Gold’s Tasiast mine suspends milling operations
No injuries in but the cause of the Tasiast mill fire under investigation.
Copper price and China reserves: sell on rumor, buy on fact
Beijing confirmed the release of state reserves for the first time in a decade to cool metals markets, but copper prices rose more than 1% on the news.
Cobalt supply must double by 2030 to meet demand – Trafigura exec
Total supply of cobalt in 2020 was 126,500 tonnes, according to consultancy Benchmark Mineral Intelligence.
