December 31, 2020

MINING.COM MINUTE: Biggest stories of the week

First gold poured at Canada’s newest gold mine; Turkish farmers eye $3 billion profit from gold find; Iron ore outperformed all commodities in 2020

December 31, 2020

China to build overseas iron ore mines to ensure supply

Country aims to build one or two globally significant overseas iron ore mines by 2025

December 31, 2020

China to allow imports of new-standard steel scrap

Country will allow imports of recycled steel raw materials from Jan. 1.

December 30, 2020

Miners praise US spending bill that funds rare earth

The pandemic aid and spending package signed by Donald Trump includes more than $800 million to fund rare earth.

December 30, 2020

Iron ore price drops on China’s appeal to cut steel output

Benchmark iron ore futures in China fell nearly 6% on Wednesday, after the country urged the steel industry to produce less crude steel next year.

December 29, 2020

China Datang nears deal for Indonesian power projects

The state-backed energy giant has bought a majority stake in PT Dian Swastatika Sentosa’s thermal power plants in Indonesia for $394 million.

December 29, 2020

Global zinc production to rebound – report

High prices by historical standards have encouraged investment into a pipeline of new projects and restarts, which will continue to come online in 2021, Fitch forecasts.

December 29, 2020

Brazil, Australia iron ore shipments set 2020 record

The total volume dispatched to global destinations from Australia and Brazil was 29.7 million tonnes from December 21-27.

December 29, 2020

Tianqi Lithium agrees extension on $3bn of loans

The agreement eases the immediate financial pressure on Tianqi.

December 29, 2020

Top five China commodities to eye for growth in 2021

A China-led economic recovery should boost demand for copper, iron ore and gold in 2021 after covid-19 roiled global markets in 2020.