China Mining News

Coking coal price to remain elevated in 2019— report??

On the supply side,?Fitch?expects?production misses from Australia to keep the?market tight in the coming quarters as large diversified miners lose their appetite for mining coal.?

China's sway over tech metals under scrutiny after Huawei swoop

China’s grip on the world’s rare earths market is in focus once again amid speculation the dominant producer could choke off supplies as the trade war escalates.

Iron ore is surging, but not all producers are joining the party — opinion

While iron ore prices have surged to a five-year high above $100 a tonne, not all producers of the steel-making ingredient are sharing in the bounty.

Get ready for difficult times, China's Xi warns during trade war

Acrimony has intensified since Washington last week blacklisted Chinese telecom equipment company Huawei Technologies Co Ltd.

What soaring iron ore and faltering copper say about China — opinion

The fortunes of two commodities are beholden to China, the world's biggest importer and user of both iron ore and copper.

Tesla fires sound alarms about safety of electric-car batteries

Recent blazes involving Tesla Inc. and NIO Inc. cars in Greater China are prompting the industry to take steps to alleviate concerns from potential customers.

Is the trade war a catalyst for gold?

Although most of the precious metals sector has trended lower in recent months, gold has held up well.

Chinese outages a reminder of aluminium's dirty secret

The metal touted for its environmental benefits, particularly in the manufacture of lighter cars and trucks, has a big problem with storing its toxic by-products.

UAE and China to strengthen gems and jade bilateral trade

The Dubai Multi Commodities Centre and the China Gems and Jade Exchange signed a memorandum of understanding to create new trading opportunities.

Copper, nickel, zinc prices sink on China car sales, trade war

Near 17% decline in Chinese car sales in April – the 11th monthly drop in a row – compounds impact of Washington-Beijing trade salvoes.

Back on the menu: Chinese steel mills regain taste for high-grade iron ore

Prices of 65% iron-content ore for delivery to China hit a five-year-peak of $110.5 a tonne on Thursday, while its premium to benchmark 62% ore widened to five-month highs.

Investors, autos to fuel platinum deficit in 2019 – Johnson Matthey

Specialist materials firm Johnson Matthey forecast a 127,000-ounce platinum shortfall this year, after surpluses of 372,000 and 44,000 ounces in 2018 and 2017 respectively.

Hold tight for volatility as trade turmoil rattles markets anew

Investors are standing by for a fresh bout of market turmoil as President Donald Trump turns up the heat on Beijing over trade.

Without US-China trade war, copper price would be higher – Antofagasta chairman

A trade war between the United States and China is depressing the price of copper and the red metal would be 5% to 15% higher without the dispute, Jean-Paul Luksic told El Mercurio.

US-China trade war isn’t buckling copper price – yet

But tin, nickel miners and aluminum manufacturers should worry more.

Gold price dip bolsters festive demand in India; premiums slip in China

Gold futures in India fell to 31,240 rupees per 10 grams last week, the lowest in more than four months and down 8.2% from a 2019 high of 34,031 rupees hit in February.

World’s largest hard rock lithium mine to get bigger

Talison Lithium, a partnership between China’s Tianqi and U.S. group Albemarle, obtained an environmental approval for the A$516-million ($361m) expansion of the Greenbushes mine in Western Australia.

China to tighten steel capacity swapping, boost domestic iron ore output

The announcement follows illegal capacity expansions approved by local governments under the cover of capacity swaps.

China’s environmental crackdown buoys lead, zinc

Zinc stocks plummeted from 900,000 tonnes at the beginning of 2014 to around 120,000 five years later - due to a rash of zinc mine closures over the past few years and tighter environmental restrictions in China.

IEA: Renewables growth is stalling

Renewable energy deployment stalled out last year, raising alarm bells about the pace of the clean energy transition.

Trade war has wiped out $22B for materials investors

The S&P Chemical Index lost about $20 billion in market value in two days, while the metals index lost nearly $850 million.

China-US trade war disrupting metal markets, sparking volatility

A swift deterioration in China-US trade talks hit global financial markets this week as investors faced the prospect of an escalation rather than an end to a 10-month-old trade war.

Iron ore tugged between Brazilian supply shock, Trump's trade war

Brazil shipped 18.34 million tonnes of iron ore in April, down 17% from the prior month and a massive 29% from the same month a year earlier.

Arctic nations to meet amid tensions over environment, resources

Countries have been scrambling to claim territory or, like China, boost their presence in the region.

Faltering metals get check-up as industry gathers in Hong Kong

Base metals have had a shaky start to 2019, with a cautious Q1 advance giving way to an April drop on uncertainty about the global economy.