Graphite – Industrial Minerals' Simon Moores reported yesterday that China's Heilongjiang province, the world's top flake graphite-producing region, has officially announced plans to start consolidating graphite mines in the next 18 months.
Articles Tagged "China"
Rare Earth – The Wall Street Journal reported that China's Ministry of Commerce today plans to appeal the World Trade Organization's (WTO) ruling that the country's rare earth element (REE) export restrictions are in violation of global rules.
China's State Reserve Bureau reportedly plans to move forward with a new round of REE stockpiling and may also move to build up its REE export controls. Some analysts believe REE prices are set to rise as a result.
Coal – The future does not look good for coal miners as increasing government regulations, environmental concerns and public opinion in favor of energy alternatives threaten the resource's market share.
Rare Earth – Xinhuanet reported that in the first quarter of 2014, Inner Mongolia Baotou Steel Rare-Earth Group Hi-Tech Co. Ltd.'s (SSE:600111) net profit sunk 71.71 percent from the year-ago period, hitting US$11.26 million.
Iron – Reuters reported that BHP Billiton plans to raise its production of iron ore this year in an attempt to acquire more of the Chinese market for the metal.
Gold – A recent World Gold Council report concludes that "China's gold market development is solid, on-going and for the long term."
Copper – Copper for delivery in three months fell 0.8 percent or $52.90 to $6,613 per tonne on the London Metal Exchange, Bloomberg Businessweek reported.
Copper – Reuters reported that Glencore Xstrata plc (LSE:GLEN) has sold its interest in the Peruvian Las Bambas copper mine to a Chinese consortium led by MMG Ltd. (HKEX:1208).
Copper – Mining.com reported that Chinese imports of copper and iron appear to have been largely unaffected by surprisingly weak economic data from the Asian nation.