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.

December 28, 2020

China state planner says to ensure gas, coal supplies ahead of cold spell

Top coal-producing regions like Shanxi and Inner Mongolia were urged to expand mining.

December 22, 2020

Iron ore price frenzy grips China’s mammoth steel sector

Prices for iron ore have more than doubled in 2020, putting the steelmaking raw material on track to be the top-performing major commodity for a second straight year.

December 21, 2020

China to abolish access restrictions on foreign investment in energy sector

Country to fully lift access restrictions on foreign investment in coal, oil, gas, power generation and new energy businesses, according to white paper.