Articles Tagged "China"

Lynas Reports Increased Revenues, but Still Drawing Skepticism

Rare Earth – The share price of Australia's Lynas Corporation is down 75 percent year-to-date, so investors were no doubt happy to see some positive news in the company's first-quarter results. But although Lynas reported a respectable increase in both revenues and production, also decreasing its operating costs, it's still facing some struggles.

Inland China Steel Mills Could Increase Iron Ore Demand

Iron – According to Mining.com, a report from Nick Pickens of Minerals Value Service stated that inland steel makers in China could have a capacity for up to 300 million tonnes of iron ore demand. Though that supply could also come from longer term agreements or captive mines, there is some possibility that those producers could look to seaborne supply as a competitive alternative, according to Pickens.