China Top Stories

Metal inventories pile up in factories, smelters

Aluminum inventories have already climbed and are forecast to surge…

Trump’s sparring with China revives rare earths stock trade

A Chinese stock strategy that worked in 2019 when tensions…

Latest Stories

Zinc risks a temporary glut

Zinc may be the black sheep of base metals this year amid expectations that increases in mining capacity will pressure prices. However, the outlook could brighten should some of those expansion plans be put on hold because of weak demand and problems getting project financing. Longer term, analysts expect prices may rise as mines close, shrinking supply.

Caterpillar makes further inroads into Chinese longwall coal

Caterpillar is building on its Bucyrus acquisition with the recent signing of another contract to deliver an automated longwall coal plow system to Chinese company Gasification Co part of Lvliang Dongyi Group. The system marks the 11th plow system from DBT/Bucyrus/Caterpillar for delivery to Chinese mines. The system will be delivered in the first quarter of 2013 and will go to work in the Xinyan mine in Shanxi province