July 27, 2023

Anglo and Teck underline mining retreat as China dampens profits

Anglo reported a more than 40% fall in underlying earnings to $5.1bn, while Teck posted an even sharper drop in Q2 profit of over 50% to C$1.48 billion ($1.1bn).

July 26, 2023

Iron ore price looks set for a tumble as major stimulus hopes fade

Chinese consumer confidence has been decimated by years of virus lockdowns and delays on new-build properties.

July 26, 2023

Pentagon seeks supply of chip mineral gallium after China curbs exports

The Pentagon plans to issue a first-time contract to US or Canadian companies by year-end to recover gallium.

July 26, 2023

Column: China’s lead exports lift LME stocks but deplete Shanghai

The Shanghai bulls have so far made little impact on the London market.

July 25, 2023

China’s H1 gold consumption up over 16%

The consumption figure excludes reserve purchases by the People's Bank of China.

July 25, 2023

Iron ore profits to drop by a third as miners eye China demand

The world’s biggest iron ore producer is expected report its lowest half year earnings and dividend in three years on Wednesday.

July 25, 2023

Iron ore price rises on China stimulus pledge

A meeting of China’s top decision-making body flagged more help for commodities.

July 25, 2023

CATL’s profit soars 63% amid EV sales boom

Record quarterly sales for top customer Tesla helped propel the Fujian-based company’s profit growth.

July 25, 2023

The little known metals giant that rules a global market

When China’s Vital Materials bought up a $600 million stockpile of critical minerals in early 2020, it barely raised an eyebrow outside the niche world of minor metals.

July 25, 2023

Huayou Cobalt boosts nickel capacity in Indonesia

Huayou also said on Tuesday that its mining unit Huayou International Mining plans to buy a 50.15% stake in privately owned Perlux Limited.