January 16, 2024

Rio Tinto sees stimulus boost in China to drive gradual recovery for iron ore demand

While prices of iron ore closed 2023 about 20% higher, they’ve lost about 8% so far this year.

January 16, 2024

China cobalt buyers use global glut to challenge pricing

A rapid expansion of cobalt mining in Democratic Republic of Congo and Indonesia has output racing ahead of demand.

January 16, 2024

Australia sends biggest copper concentrate shipment to China since 2020

The exports raise hopes that China may be removing the ban imposed after Australian calls for an inquiry into the origin of covid-19.

January 15, 2024

Iron ore price drops as China central bank’s rate move defies expectation

China's central bank left the medium-term policy rate unchanged on Monday.

January 15, 2024

LME CEO aims to have first contracts with Shanghai futures exchange in 2024

The specific contacts to be launched with ShFE were still under discussion.

January 15, 2024

Pilbara Minerals expands offtake deal with Ganfeng

The miner will supply 310,000 tonnes of spodumene concentrate per annum over a period of three years to the end of 2026.

January 14, 2024

BYD in talks with Brazil’s Sigma Lithium on supply deal

BYD said in July it would invest 3 billion reais ($600 million) in a new industrial complex in northeastern Brazil.

January 13, 2024

China coal mine accident kills at least 10, prompts safety checks

At least 10 people have died and six are missing after a coal mine accident in the city of Pingdingshan, in central China.

January 12, 2024

China coal mine accident kills at least 8, rescue ops underway

Preliminary investigation showed the accident occurred due to a coal and gas outburst at the mine.

January 12, 2024

China’s 2023 iron ore imports hit a record high on rising demand

The world's largest iron ore consumer brought in a total of about 1.18 billion metric tons in the past year.