China Top Stories

Global coal power falls for first time even as China builds more

The net decline of 2.9 gigawatts may be small, but…

MINING.COM MINUTE: Biggest stories of the week

Copper price, US strategic minerals, giant Alaska mine gets final…

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China Moly pursues US $579 million from Shanghai IPO

China Molybdenum Co. (HKG:3993), the country’s largest producer of the element by output, plans to launch an initial public offering in Shanghai, which may raise around 3.65 billion yuan (US$579 million), to fund its new alloy project and boost output, according to a statement to the China Securities Regulatory Commission (CSRC).

Rio Tinto still bullish on China growth

Mr Tom Albanese CEO of Rio Tinto as saying that company has shrugged off concerns about a slow down in Chinese demand for commodities, reiterating its faith in the Asian superpower's industrialization.