September 23, 2021

Iron ore price stable while China prepares for ‘possible storm’

Chinese authorities asked local governments to prepare for the potential downfall of debt-ridden China Evergrande Group, according to the Wall Street Journal.

September 22, 2021

Automakers look to hedge against China’s rare earth dominance

European automakers are in discussions with Arafura Resources about sourcing elements outside China.

September 22, 2021

Copper price bounces back on Evergrande deal

The main property unit of the Chinese real estate giant announced a deal over a $35.9 million bond interest payment due on Thursday.

September 22, 2021

Iron ore price back above $100 after Evergrande debt deal

Iron ore will come under more pressure, falling to $80 to $90 a tonne heading into next year, said UBS Group.

September 22, 2021

China vows to end funding for overseas coal power plants

China has been under the pressure from the US and other G-7 nations to halt its overseas support of coal power plants.

September 21, 2021

Ganfeng weighs dropping pursuit of Millennial Lithium

Millennial’s assets have also attracted interest from China Molybdenum, which could consider joining CATL in a bid.

September 21, 2021

Copper price back below $9,000 on Evergrande jitters

The global world refined copper market showed a deficit of 90,000 tonnes in June, compared with a surplus of 4,000 tonnes in the prior month.

September 21, 2021

Russell: Iron ore makes unruly retreat to more normal price levels

Overall, the market appears to be more in evenly balanced than earlier in the year, when supply was disrupted and China’s steel production was hitting monthly records.

September 21, 2021

Iron ore price woes endure as Chinese steel demand faces ‘last hurrah’

Iron ore’s rollercoaster ride this year is set to end with a whimper as the contraction in China’s steel industry heralds further declines.

September 20, 2021

Gold price edges higher as havens rally on growing Evergrande fears

Gold has lost 8% this year as central banks plot a course toward cutting the unprecedented monetary stimulus.