April 24, 2024

Iron ore price rebounds to 6-week high on renewed China demand hopes, lower shipments

Iron ore fundamentals have improved and the valuation of the ferrous market is expected to rise, analysts at Galaxy Futures said in a note.

April 24, 2024

China coal prices have bottomed, will surpass 2023 highs, industry group says

Demand for the fuel has been hit by a slowdown in the cement industry.

April 24, 2024

Dalian Commodity Exchange adjusts trading limits after iron ore price rally

The statement came after iron ore futures prices rose by more than 3% in day trading.

April 24, 2024

China’s silico-manganese futures near 7-month high after South32 export suspension

South32 said on Monday it would take about a year to restart manganese ore exports from Australia.

April 24, 2024

China copper gauge at zero offers stark warning to metals bulls

Premiums paid on imported refined copper extended a months-long decline to reach zero for the first time in Shanghai going back to 2017.

April 24, 2024

China’s Zhaojin Mining buyout offer for Tietto Minerals now unconditional

The Chinese gold miner last week increased its offer to A$0.68 per share from A$0.58.

April 23, 2024

Gold’s record-setting rally may have its roots in Chinese frenzy

Several prominent figures in the global gold market are coming to the conclusion that the major new driving force is a legion of fleet-footed retail investors on the Shanghai Futures…

April 23, 2024

ESG Watch: Why climate change is leaving mining firms between a rock and a hard place

By 2050, the World Bank forecasts that demand for the metals and minerals used to produce the clean energy technologies will increase by almost 500%.

April 23, 2024

Copper price at risk of pullback as buying in China stalls after rally

Fabricators have struggled to pass on higher costs to their customers, forcing them to rein in purchases since March, one copper trader said.

April 23, 2024

Iron ore price slides to nearly one-week low on subdued Chinese steel market

Steel consumption was suppressed in the short term due to rainy weather in southern regions of China.