December 3, 2013 Molycorp CEO says world needs max three more rare earth mines Molycorp, Lynas and perhaps one other small player are sufficient to meet light REE demand, while there's room for one or maybe two heavy producers outside China, says outgoing CEO…
December 3, 2013 China flexes monetary muscle China’s yuan has overtaken the euro to become the second-most used currency in trade finance.
December 3, 2013 Iron ore price blasts to 3-month high Chinese steel mills are humming and rapidly depleting domestic iron ore mines face tough new environment rules from Beijing translating into surging demand for imports.
December 3, 2013 China’s great appetite for Port Hedland iron ore Shipments reached 22.3 million tonnes from 16.2 million tonnes a year earlier.
December 3, 2013 China’s CNOOC has big LNG plans for British Columbia "24 million tonnes of super-cooled gas per year, or just over three billion cubic feet a day."
December 2, 2013 China to search for rare earths in the Moon The “Jade Rabbit,” China's first lunar rover, is equipped with a round-penetrating radar to measure the Moon's soil and crust.
December 2, 2013 Rio Tinto revises Pilbara expansion "We will deliver the expansion at an estimated capital cost of more than $3bn below previous expectations."
December 1, 2013 Weak stock market debut for Chinese iron ore miner Despite high-profile backing from Hong Kong and mainland billionaires Hengshi Mining Investments' IPO has been a disappointment.
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