May 30, 2011

China coal imports to double in 2015, India close behind

Top coal consumer China should see import demand more than double in the next four years and India will be close behind as both hoover up supplies on international markets…

May 27, 2011

Chinese rare earth producer gets approval for rare earth exchange – report

China's biggest rare earth producer, Baotou Steel Rare Earth (Group) Hi Tech , has won local government approval to start an exchange to trade the increasingly lucrative metals used in…

May 27, 2011

Minmetals to receive $150.4m for Equinox stake sale

Minmetals Resources Ltd , a unit of China state-run China Minmetals Corp, said it would net $150.4 million from the sale of its entire stake in Equinox Minerals Ltd after…

May 26, 2011

China’s gold output to reach 400 t/y by 2014, demand at 700t

Chinese gold demand could rise over 22 percent in the next three years and sharply outpace domestic production, the head of the country's largest state-owned gold miner China National Gold…

May 25, 2011

Reuters: China interested in building nuclear plant in East Africa

Reuters reports: China wants to help build nuclear power generation in East Africa, uranium mining and investment company IBI Corp said in a statement after meeting Chinese officials in Beijing,…

May 24, 2011

Baosteel positive about getting approval for Zhanjiang project from government

China's Baoshan Iron & Steel Co Ltd expects to receive regulatory approval for its coastal Zhanjiang project this year, Chairman He Wenbo said on Tuesday, despite government resolve to extend…

May 23, 2011

Dramatic fall in China rare earths exports

China's rare earths exports in April were 53% down on a year earlier and 12.6% from the March figure, yet export value per tonne rose ten-fold, customs data showed on…

May 20, 2011

Reports: Chinese steel giant says iron ore market is in a ‘bubble’

"Everyone who has money is rushing to invest in iron ore," Baosteel Group chairman, Xu Lejiang said on Friday, warning that supply may outstrip demand “sooner than expected” pushing prices…

May 20, 2011

Canadian Press: Chinese invest $73m in Quebec iron ore explorer

Two Chinese state-owned companies have invested over $73m for a roughly 30% interest in privately-owned Century Iron's plans to export iron ore extracted at several properties in Quebec and Newfoundland…

May 20, 2011

BHP’s treatment, refining costs with large Chinese smelters rise 25%

Large copper smelters in China settled term treatment and refining charges with global miner BHP Billiton Ltd at $90 per tonne and 9 cents per pound respectively for delivery in…