September 7, 2024

China’s central bank pauses gold purchases for a fourth month in August

China's gold holdings stood at 72.8 million fine troy ounces at the end of last month.

September 6, 2024

China lodges WTO complaint over Canada’s EV and metal tariffs

Canada announced last week it would impose 100% tariffs on Chinese-made EVs effective October 1.

September 6, 2024

Iron ore price flicks higher from lowest close in nearly two years

The flick higher on Friday ends five days of losses amid torrid conditions in China’s steel market.

September 6, 2024

Trafigura’s top China iron ore traders leave group

The departures came after global prices of the key steel-making ingredient tumbled almost 40%.

September 5, 2024

Chinese lithium producers embrace hedging to manage volatility

Several companies have unveiled their hedging exposure via lithium carbonate futures during the recent earnings season.

September 5, 2024

Iron ore price sinks as steel group warns of ‘flash in a pan’ recovery

Iron ore slumped to its lowest level since 2022 and traded near $90 a ton.

September 5, 2024

Global gold ETFs saw fourth month of inflows in August, says WGC

A stronger gold price and recent inflows pushed the total assets under management to a month-end peak of $257.3 billion in August.

September 4, 2024

Column: West plugs defences as China cranks up aluminum output

China's primary aluminum smelters are producing record amounts of metal and the domestic market surplus is spilling out of the country.

September 4, 2024

Liberia conditionally lifts shutdown order on China Union’s iron ore mines

China Union took over the Bong Mines, located around 150 km northeast of the capital Monrovia, with a $2.6 billion investment in 2008.

September 4, 2024

Carlyle’s Currie sees copper price capped at $9,500 on China demand

The red metal has fallen 19% from May’s all-time high of $11,104.50, pressured by bloated inventories and signs that consumption in China is soft.