November 17, 2023

CMOC sees electricity as constraint on Congo expansion

To improve the power supply, CMOC has been looking to tap hydropower projects and other new energy sources.

November 16, 2023

Nickel crisis shows LME could learn from China, Minmetals says

The LME has drawn fire from all sides since a massive nickel short squeeze caused prices to quadruple in a few days in March 2022.

November 16, 2023

Citi delivers around $155 million worth of zinc for rent deal

The US bank is expanding its footprint in metals after it agreed a similar zinc deal in August.

November 16, 2023

China’s controls on graphite exports “a loud wakeup call” for the US, says Graphex CEO

While there is a need for 200,000 tonnes of graphite to meet demand, the reality is, the current US supply capability is zero.

November 16, 2023

Death toll in China coal firm office rises to 26; at least 38 injured

President Xi Jinping urged the authorities to ensure more safety measures are put in place to avoid such incidents.

November 15, 2023

China’s Zhejiang province signs $5.14bn worth of deals with Indonesia

Deals were signed in areas such as new energy equipment manufacturing, metal material production and financial services.

November 15, 2023

Codelco cuts cocktail party, tables in key Asia copper event amid restructuring

Codelco chairman has said the company is reassessing the costs of upgrades to the life of its mines.

November 15, 2023

Major Chinese copper trader sees glut weighing on prices in 2024

“We are not very optimistic about copper prices,” said the head of copper trading at Shanghai Wooray Metals.

November 15, 2023

Hong Kong ousts Dubai as biggest hub for Russian gold trade

The city has long been a key conduit for bullion entering the Chinese mainland — the world’s biggest consumer market.

November 15, 2023

Iron ore price back above $130 on China stimulus

Beijing plans to provide at least $137 billion in low-cost financing to the nation’s urban village renovation and affordable housing programs.