August 27, 2021

Bacanora Lithium accepts Ganfeng’s $391 million takeover offer

The deal hands China’s largest lithium producer control over the Bacanora mine in Mexico, slated to begin production in 2023.

August 26, 2021

Iron ore price rises on China steel demand optimism

China’s success in stamping out latest covid-19 outbreak also bolstered the outlook for commodities from copper to oil.

August 25, 2021

Iron ore price up amid signs of resilient demand in China

Base metals have rebounded this week as Beijing’s success in containing a sprawling covid-19 outbreak shored up confidence in the demand outlook.

August 25, 2021

Copper price rises as Chinese buyers come back to the market

Indicators in the physical market suggest the country’s appetite for copper is picking up rapidly.

August 25, 2021

Aluminum price near 3-year high after Jamaica refinery blaze

The metal has surged 32% this year, second only to tin among the six base metals traded on the LME.

August 25, 2021

China coal approvals seen adding to confusion on climate action

Local authorities approved 24 plants with a combined capacity of 5.2 gigawatts, a 79% decline from the same period in 2020.

August 24, 2021

Iron ore price jumps 7% on hopes of more support from Chinese government

China’s central bank chief vowed to stabilize the supply of credit and boost the amount of money supporting smaller businesses and the real economy.

August 24, 2021

Chalco profits soar on higher aluminum prices, production

Chalco also lifted output of that material by 14.3% year on year to 8.25 million tonnes.

August 23, 2021

US critical mineral imports up 7.9% y-o-y in Q2 – report

S&P Global Market Intelligence reports the volume of critical minerals flowing into the country in H1 2021 surpassed the 316,108 tonnes imported in H1 2020 by 41,209 tonnes.

August 23, 2021

Iron ore price down as China’s steel output slows

Pressured by rising supply and cuts in steel production, iron ore has fallen roughly 40% since mid-July.