US MINES act seeks to curb Russia, China grip on critical minerals

Mining News Pro - Republican congressman Ken Calvert (CA-42) this week introduced the Monitoring and Investigating Nations Exploiting States (MINES) Act to “hold China and Russia accountable for their efforts to monopolize critical mineral resources around the world, particularly in developing nations.”

China rust belt province plans $87 billion clean energy overhaul

Mining News Pro - A northeastern province that was once one of China’s major coal and industrial hubs has launched a 600 billion yuan ($87 billion) plan to expand clean energy production.

Vale Indonesia signs HPAL deal with China’s Huayou

Mining News Pro - Nickel miner PT Vale Indonesia on Tuesday signed an agreement with China’s Zhejiang Huayou Cobalt to build a second high-pressure acid leach (HPAL) plant to produce nickel material used in batteries to power electric vehicles.

Rio Tinto, China Baowu to develop Australian iron ore project for $2bn

Mining News Pro - Rio Tinto Ltd said on Wednesday it would team up with its biggest customer China Baowu Steel Group to develop an iron ore project in Western Australia for $2 billion as it looks to prop up its production from the Pilbara region.

China is thinking about mining the MOON !

Mining News Pro - China plans to launch three unmanned missions to the moon over the next 10 years, as it seeks to rival the US in the new era of space exploration.

China’s iron ore imports

Mining News Pro - China’s imports of iron ore in August rose 5.5% from the prior month, customs data showed on Wednesday, even as operating rates at blast furnaces only slightly improved.

China’s iron ore imports

Mining News Pro - China’s imports of iron ore in August rose 5.5% from the prior month, customs data showed on Wednesday, even as operating rates at blast furnaces only slightly improved.

Metals rout deepens as China lockdowns add to growth fears

Mining News Pro - Base metals slumped, with copper falling further after capping its fifth consecutive monthly loss — the longest downward streak since the 2008 financial crisis — after China’s lockdown of megacity Chengdu added to demand woes.

Iron ore price down as China’s covid

Mining News Pro - The iron ore price fell on Thursday pressured by worries over fresh covid-19 restrictions and property sector troubles in China squeezing demand for ferrous metals.

China’s Sichuan, Chongqing resume power supply to industry

Mining News Pro - China’s Sichuan province and Chongqing city have resumed normal power supply for industrial and commercial usage, reported state broadcaster CCTV on Tuesday, reducing concerns over tight supplies of the battery metal lithium.

Iron ore price below $100 on China steel curbs

Mining News Pro - The iron ore price fell below $100 a tonne for the first time in over five weeks on signs that the crisis in China’s steel industry is worsening.

Iron ore price rises as China cuts lending benchmarks

Mining News Pro - The iron ore price rose on Tuesday after China cut benchmark lending rates and lowered the mortgage reference by a bigger margin in a move to support its property market.

China lithium prices near record as power cuts squeeze market

Mining News Pro - Prices of lithium in China are close to a record high as a power crisis in the nation’s major hub for the vital electric-vehicle battery ingredient threatens an already-tight market.

Copper price down on manufacturing slowdown in China

Mining News Pro - The copper price slipped on Monday as worries about a manufacturing slowdown in China dominated sentiment.

Australian miners to benefit from China stimulus

Mining News Pro - As China looks to emerge strongly from recent COVID lockdowns, Australian miners are set to welcome the economic return of their biggest export customer.

China hikes 2022 rare earth quota by 25% on rising demand

Mining News Pro - China raised its annual rare earth mining output quota by a quarter to a fresh record high in the wake of rising global demand.

Gold price drops with China slowdown, Fed minutes in focus

Mining News Pro - Gold dropped on Monday as investors assessed signs that China’s economy is struggling to recover ahead of minutes from the US Federal Reserve later in the week.

Copper price falls on demand worries in China

Mining News Pro - The copper price fell on Monday as worries about demand in China surfaced due to weak economic data and a firmer dollar.

BHP hits profit record and sees demand healing in China

Mining News Pro - BHP Group, the world’s biggest miner, posted its highest ever full-year profit on record commodity prices, and will push ahead with growth options on a stronger demand outlook in China.

Iron ore price falls as traders weigh demand prospects in China

Mining News Pro - The iron ore price fell on Friday as traders weighed demand prospects in China.

Iron ore price rises on improved China steel margins

Mining News Pro - Iron ore prices rose on Monday, extending their gains as improved steelmakers’ margins in China encouraged mills to gradually restart idled blast furnaces and boost imports of the steelmaking ingredient.

China July rare earth exports down 8% year on year

Mining News Pro - China’s exports of rare earths in July fell 8% from the corresponding month a year ago, data from the General Administration of Customs showed on Sunday.

China July copper imports rise on-year as price slump spurs buying

Mining News Pro - China’s imports of copper rose 9.3% from a year earlier, customs data on Sunday showed, as a sharp drop in the price of the metal triggered buying appetite amid falling domestic inventories.

Copper worth nearly half a billion dollars goes missing in China

Mining News Pro - A group of Chinese companies are investigating why a commodities storage site in northern China is holding only one third of the copper concentrate they were financing, according to people familiar with the situation.

Gold price hits one-month high on rising US-China tensions

Mining News Pro - Gold prices continued to rise on Thursday as geopolitical tensions between the US and China intensified, boosting global demand for the safe haven metal.

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