November 9, 2023

Jiangxi Copper boosts stake in First Quantum 

The Chinese miner grew its interest in First Quantum to 18.5% from 18.3%, after buying a total of 1.35 million shares this week.

November 8, 2023

Western miners seek premium pricing for rare earth metals to break China grip

The miners believe manufacturers will absorb extra costs due to new ESG-related legislation and tax incentives like the IRA.

November 7, 2023

China’s state-backed iron ore giant says prices are too high

Iron ore has reached “unreasonable” levels that are hurting Chinese steel mills, according to China Mineral Resources Group.

November 7, 2023

Codelco cuts 2024 copper premium to China, changes contract structure

The miner has offered to sell copper at a premium of $89 a metric ton to major Chinese clients for its 2024 contracts, a drop of 36% from this year.

November 7, 2023

Iron ore price retreats as China’s bourse plans to limit trading volumes

Also weighing on sentiment was news of unseasonably cold weather and blizzards hitting northeast China.

November 7, 2023

China extends run of gold buying that’s helped support prices

China topped up its gold holdings for a 12th straight month in October.

November 7, 2023

Albemarle risks losing lithium market to China on weak prices

The US lithium giant controls about 13% of the global market this year, while Chinese producers have grown their share to 63%.

November 6, 2023

Rainfall plays key role in capping Chinese aluminum capacity

Another month, another new record for China's primary aluminum production sector.

November 6, 2023

Battery metals lose luster as surge in supply outpaces demand

The lower metal prices are providing some cost relief to automakers and could lead to cheaper EVs.

November 3, 2023

Elevated local gold prices dent retail demand in India

In India, this week, dealers offered a discount of up to $9 an ounce over official domestic prices.