Potash – It might be awhile before the market sees a potash industry recovery. However, according to a special report from TD Economics, the road to recovery exists somewhere amidst the haze of uncertainty.
Articles Tagged "China"
Iron – Mineweb reported that on Monday, the Mexican government began a "major crackdown" on the Knights Templar drug cartel's illegal iron ore smuggling activity. Mining is reportedly one of the group's main sources of income.
Iron – Reuters reported that iron ore exports to China from Australia's Port Hedland rose to 21.34 million tonnes in February, up 36 percent from the year-ago period. In the previous month, they came to a total of 23.31 million tonnes.
Zinc – Bloomberg reported that zinc rose to its highest price since February 20, 2013 after China retained its 7.5-percent economic growth target.
Nickel – Bloomberg reported that after China retained its 7.5-percent economic growth target, nickel rose to a nine-month high.
Coal – Celsius Coal Ltd. (ASX:CLA) announced that it has signed a non-binding memorandum of understanding (MOU) with Xinjiang Bayi Iron and Steel Group and China Minmetals Group, both of which are potential offtake customers.
Dundee's Ned Goodman sees China's recent gold buying as a means for the country to eliminate the US dollar as the reserve currency.
Cobalt – Metal Bulletin reported that in the next few weeks, the last annual long-term intermediate cobalt contracts between miners and Chinese buyers are likely to be signed.
Magnesium – Platts reported that this week, spot export offers for Chinese magnesium ingot on a FOB basis fell on the back of thin trade and weak overseas buying interest.
Manganese – Shanghai Metals Market reported that in January, China imported 1.54 million metric tons (MT) of manganese ore. That's an 11-percent decline from the previous month.