Ganfeng to build new 50,000 tonnes-per-year lithium plant
Ganfeng will set up a joint venture company in the city of Fengcheng for its latest plant, which will convert spodumene into lithium battery materials.
Ganfeng will set up a joint venture company in the city of Fengcheng for its latest plant, which will convert spodumene into lithium battery materials.
Chinese imports fell nearly 9% in May with further weakness expected in coming months, putting pressure on prices for the steelmaking material.
The union has requested a one-time signing bonus equivalent to "1% of dividends paid to the mine's owners".
The figure is part of a plan drawn up to resolve a lawsuit from the state over water use and related damage to a sensitive area.
Iron ore's big three shielded from worst of corrrection as steelmaking ingredient holds above $200 a tonne.
Preliminary testing carried out by the University of British Columbia shows the Turnagain nickel project has potential for significant mineral sequestration of CO2.
Mined production last year was 771,000 tonnes, twice as much as the world’s second largest producer the Philippines.
Capex budgets are on the rise after major mining companies were able to weather the covid-19 pandemic.
Yangshan copper premium fell to $30.50 a tonne, its lowest since February 2016, indicating weakening demand for imported metal into China.
The deal, which ends a two-year standoff between the parties, will explore financing options for the mine.