June 14, 2018

Japan’s Sumitomo Metal says global nickel deficit to widen this year

Global demand for nickel is increasing by 7.3 percent in 2018 from last year to 2.298 million tonnes, while supply rises 6.8 percent to 2.210 m tonnes,

June 14, 2018

Erdene becomes first cross-listed firm on the Mongolian Stock Exchange

The listing also makes Erdene the only precious metals exploration and development company currently registered on the exchange.

June 14, 2018

Mitsubishi ups stake in Anglo’s Quellaveco copper project in $600-million deal

Anglo will sell a 21.9% stake in its Peruvian copper project to Mitsubishi, increasing the Japanese firm’s stake in the venture to 40%.

June 12, 2018

Future of Centerra mine uncertain as Kyrgyz Gov’t revising settlement deal

Prime Minister said he would submit tom parliament his own 'proposals' over a settlement reached last year, which would end long-dragged disputes between the company and the country over Kumtor…

June 12, 2018

China’s Tsinghua University unit to buy aluminium firm for $3.7bn

Tianshan has annual aluminium smelting capacity of 1.4 million tonnes.

June 12, 2018

China boasts world’s highest sales volume of electric vehicles

China now has the fastest development of EVs in the global market.

June 11, 2018

Australia’s Port Hedland iron ore shipments to China rise 2.4 pct in May

Iron ore shipments from the world's biggest export terminal rose to 45 million tonnes in May from 42.6 million tonnes in the previous month.

June 11, 2018

China’s Inner Mongolia to close 22 small coal mines this year

Inner Mongolia expects to complete a 2020 target of cutting 54.14 million tonnes by 2018.

June 11, 2018

Cobalt battery boom wavers as prices slide in top user China

A lull in purchasing by battery makers suggests the market is not yet short of supply.

June 11, 2018

Mitsubishi Materials unveils boardroom shake-up as data tampering scandal deepens

The boardroom shake-up comes a few days after fresh cases of misconduct at its Naoshima copper smelter and refinery in western Japan was found.