Sinomine suspends Zimbabwe lithium ops over authorities’ concerns

If global automakers think they can extend their dominance in China into the electric era, they may be in for a shock.

After all, who wants to spend big bucks on a vehicle right now in China?

Industrial commodities in China mostly rose as the number of covid-19 cases fell and the government began to loosen the restrictions.

Overall stocks in LME warehouses have fallen below 900,000 tonnes from levels above two million tonnes in January 2021.

Iron ore bucks the metals price doldrums as China GDP growth slows.

Shanghai took more gradual steps on Friday towards lifting its covid-19 lockdown.

China’s demand for thermal coal is likely to keep falling through the rest of the first half, as virus restrictions continue to mire the economy in a deep slump.

China is facing bigger economic difficulties than in 2020, with some indicators starting to weaken sharply since March, Premier Li Keqiang said.

Although Tharisa's chrome exports to China have not been impacted by logistical issues, bottlenecks remain a worry, the company said.