September 9, 2024

China sets up Beijing-backed lithium group to tap salt lakes

Minmetals Corp. will take control of a province-backed lithium company in a bid to speed development of a “world-class” industry extracting the battery material.

September 9, 2024

China plans to include steel, cement and aluminum in its carbon market

Starting from 2026, importers of steel, fertilizer, cement and chemicals will pay levies based on the carbon footprint of the products they buy.

September 9, 2024

Syrah Resources’ losses deepen as China glut hits graphite demand

Syrah said it had not sold any graphite to China in the first half of the year amid "intense competition".

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.