April 28, 2019

China’s iron and steel association warns on over-capacity, shrinking profits

The country's sprawling steel sector, which has cut 150 million tonnes of steel production over the past three years, was "far from achieving its tasks" amid Beijing's supply-side reforms, the…

April 26, 2019

Peru’s Volcan says COSCO Shipping set for $3B port construction deal

Construction of the $3 billion port will start at the end of this year and it will be launched by end-2021.

April 25, 2019

China’s Australian coking coal imports double in March from Feb

Arrivals of Australian coking coal were at 2.23 million tonnes last month, up 92% from 1.16 million tonnes in February.

April 24, 2019

China said to maintain Australia coal go-slow until after polls

China will maintain a slowdown in coal imports from Australia until Beijing has assessed government policy in Canberra after federal elections in May.

April 24, 2019

Deep sea mining boss says new law could be adopted next year

China and a quest for battery minerals have injected momentum into a long U.N. process to agree to a law on deep sea mining.

April 24, 2019

Global aluminium output flatlines as outages offset ramp-ups

A couple of long-running outages together with curtailments in Europe caused aluminium production outside China to dip 1.4%.

April 24, 2019

World’s central banks want more gold as India joins spree

Heightened geopolitical and economic uncertainty pushed central banks to diversify their reserves and focus on investing in safe and liquid assets.

April 24, 2019

Top miners back autonomous systems guidelines

The document divides operations into six levels, from zero (entirely manual) to five (fully autonomous), and assists in the preparation of a business case for autonomous mining, depending on level…

April 23, 2019

China’s Tsingshan expands plans for Zimbabwe steel plant

Tsingshan signed a $1 billion outline agreement to build a 2 million tonne-per-annum steel plant in Zimbabwe in June last year.

April 23, 2019

Citi says US and China will nail deal, aiding commodities

The outlook for commodities is bullish, according to Citigroup, which expects raw materials to be supported by a potential US-China trade deal, improved demand from China, and a weaker dollar.