November 20, 2011

MONGOLIA – JV for coal and iron ore projects

A new joint venture has been formed between one of the world’s top oil and commodity traders and one of Mongolia’s largest private natural resources investors. The 50:50 JV between…

November 20, 2011

Searching for 8 missing coal miners stopped

Rescuers decided to stop the search for eight miners Sunday who have been trapped underground for 10 days in a coal pit after a gas leak accident in Southwest China's…

November 20, 2011

Ministry of Land and Resources, China and Swedish Raw Materials Group conclude cooperation agreement

Raw Materials Group (RMG), mineral economists based in Stockholm, Sweden has concluded a cooperation agreement with Information Center of Ministry of Land and Resources (ICMLR) Beijing, China. RMG and ICMLR…

November 19, 2011

China Looks West as India Iron Ore Supply Slumps

China has began looking out for alternative markets to compensate for the Iron Ore trade deficit anticipated from India due to the prevailing crisis, a senior official said...

November 19, 2011

Taiwan’s China Steel in talks to defer ore, coal shipments

19-NOV-2011 Intellasia | Business Week Free newsletter - click here China Steel Corp., Taiwan's largest producer, is in talks with BHP Billiton Ltd, Rio Tinto Group and Vale SA to…

November 19, 2011

China aluminum users may take longer lunar holidays on weak demand

Reuters reported that aluminum fabricators in China may take longer Chinese New Year breaks as product demand is set to stay lukewarm in the coming two months on tight credit…

November 18, 2011

Silver attempts comeback after Thursday’s rout despite margin hike

Marketwatch reports China’s leading market for precious metals trading increased its silver margin requirements Friday to a fresh high amid heightened volatility in precious metals. The Shanghai Gold Exchange lifted…

November 18, 2011

China gains rights to explore 10,000 square km international seabed sulphide ore deposit

China has gained the right to explore a polymetallic sulphide ore deposit located in the southwest Indian Ocean over the next 15 years.

November 18, 2011

Shanghai Gold Exchange to raise silver forward margins

If silver forward contracts hit limit up or down on settlement on Friday, the Chinese exchange said it will lift daily trade limits on silver forward contracts to 15%. The…

November 18, 2011

China’s rare-earth domination keeps wind industry on its toes

Wind turbine manufacturers are scrambling to find alternatives to a key element used in direct-drive permanent magnet generators (PMGs), thanks to skyrocketing prices and diminishing supplies of crucial rare earths.…