December 7, 2017

China’s Tongling Nonferrous cuts copper output by 20-30 pct

One of China's top copper smelters has reduced production by 20-30 percent to comply with winter output restrictions, a company official said on Thursday.

December 7, 2017

Chinese iron ore and coke futures dive on steel demand concerns

Chinese coke and iron ore futures fell further in trading Thursday, amid growing concerns that steel demand in world's top producer will decline for winter.

December 6, 2017

Steelmakers surge on `precedent-setting’ U.S. import ruling

U.S. Steel Corp. led gains among major American producers of the metal after the U.S. slapped duties on some Vietnamese alloys made with China imports.

December 5, 2017

Indonesia to grab Rio Tinto stake in Grasberg mine

After pumping billions into the Indonesian mine for almost 25 years, Rio might be able to see a decent return as the country’s government plans to acquire the miner’s 40%…

December 4, 2017

Iron ore enters bull market as China’s curbs supercharge steel

Spot ore with 62 percent iron content jumped 3.7 percent to $72.68 a metric ton, the highest since September 14, according to Metal Bulletin Ltd.

December 4, 2017

Chalco enlists state funds, insurers in $1.9 bln debt-for-equity swap

This move by Chalco is the latest example of the Chinese government's efforts to reduce debt at state-owned companies and make them more efficient.

December 3, 2017

Who will fund Adani’s Carmichael coal mine? Not China

The shovels are in the ground at the Carmichael coal mine in Queensland but the bankers have yet to open their wallets.

November 30, 2017

Move over, Tesla! China holds the keys to electric vehicles

As the world’s largest auto market, China was responsible for about half of the sales as the crackdown on polluting industries has propelled renewable alternatives from power generation to consumer…

November 30, 2017

Copper miners, smelters at stalemate over processing charges

China's smelters and international miners have not agreed to terms for next year's treatment and refining charges, likely prolonging negotiations into 2018.

November 29, 2017

Gold production will grow in coming years: BMI

The business intelligence firm says output will pick up, supported by higher gold prices and solid projects in key countries.