July 17, 2024

Iron ore majors ramp up supply even as China faces challenges

Iron ore is one of the year’s worst performing major commodities, slumping by almost a quarter as China’s property crisis drags on.

July 17, 2024

Copper price edges down to two-week low amid demand uncertainty

The metal headed for a third daily decline, with copper miners also under pressure as a risk-off mood took hold in broader equity markets.

July 17, 2024

Iron ore price slumps to 3-week low on weak China demand, strong global supply

Property investment in China fell 10.1% in the first half of 2024 from a year earlier.

July 16, 2024

China stainless steel mogul fights to avoid a second collapse

A debt crisis is threatening the future of one of the world’s top stainless steel producers, Jiangsu Delong Nickel Industry.

July 16, 2024

Zijin Mining to take 9.9% stake in Montage Gold

As part of the deal, the Lundin Family Trust also agreed increase its stake in the company from 17.7% to 19.9%.

July 16, 2024

Copper market’s biggest whale fuels speculation of a major shift

The world’s single biggest buyer of copper, State Grid Corp. of China, has slowed its purchases of copper wire this year.

July 16, 2024

Ganfeng Lithium plans to build $1.1 billion trading desk

Derivatives will be used to lower the risks of cross-border investments and to enhance financial stability, the Chinese producer said.

July 16, 2024

China copper smelters bracing for shortage of vital scrap metal

Around 30% of China’s refined copper production used scrap metal as a feedstock in 2023.

July 15, 2024

Iron ore price extends gains on China stimulus hopes

A highly anticipated third plenum that started from Monday will outline efforts to promote advanced manufacturing.

July 15, 2024

Europe needs way to price critical minerals independently of China, group says

Oversupply and weak prices of materials such as lithium, cobalt and rare earths are dampening cash flows of Western start-ups.