March 9, 2012 Euphoria over Molycorp deal may soon turn to despair. China’s grip is as strong as ever and rare earth prices are still dropping Molycorp's mould-breaking deal with Neo Material Technologies sent its shares rocketing in New York on Friday and some industry observers say the tie-up creates a vertically integrated company that will…
March 9, 2012 Molycorp to acquire leading rare earth processor Neo Material Technologies in $1.3 billion deal Molycorp and Neo Material Technologies Thursday announced the signing of a definitive agreement under which Molycorp will acquire Neo Materials for approximately CDN $1.3 billion. This will create one of…
March 9, 2012 Rare earth abundance: China could come close to doubling exports China, the world’s largest supplier of rare earth, may almost double exports this year, meeting quotas set by the government as lower prices continue to stimulate demand.
March 7, 2012 Vale hunts for local support for its vessels access to China Brazilian mining giant Vale (NYSE: VALE) has contacted China's second largest container line China Shipping Group to negotiate a way for its very large ore carriers (VLOCs) to dock in…
March 5, 2012 Body blow for mining heavyweights as China growth expected to slow to near decade low The mining sector's bellwether companies were all beaten down on Monday after China's premier Wen Jiabao delivered a downbeat outlook for the world's second largest economy adding that there were…
March 4, 2012 Australia’s iron ore exports to China up Reuters reports iron ore shipments to Chinathrough Australia's Port Hedland rose modestly in February compared with January, according to data released by the port authority, suggesting steady demand from the…
March 4, 2012 Shanghai copper stocks at highest since Aug ’02 Copper inventories in warehouses monitored by the Shanghai Futures Exchange rose to their highest in nearly a decade, data showed yesterday, suggesting oversupply in top copper consumer China where demand…
March 2, 2012 Trelleborg sealing solutions employed on China’s new ultraclass mine trucks XEMC, which through subsidiary Xiangdian Heavy Equipment is the first dump truck manufacturer in China to sell independently designed and manufactured large mine haul trucks, is utilising advanced seals from…
March 1, 2012 Global nickel surplus may constrain stainless steel pricing Surplus nickel and Chinese nickel pig iron production, may combine to lower nickel prices and keep stainless steel prices in check.
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am
