Iron ore price rises as China demand worries ease

A recovery in steel margins in China eased concerns over weak demand for the metal.

MINING.COM Staff Writer | August 5, 2022 | 9:04 am

Rio Tinto not concerned about Chinese ore-buying company

China is exposed to international iron ore prices as it must import nearly 80% of its annual consumption.

Reuters | August 5, 2022 | 7:47 am

EV sales expected to surpass 2021’s figures despite supply chain disruptions – report

IDTechEx expects the electric car market to surpass 2021 sales of ~6.4 million, as sales for the first half of the year have already reached 3.5 million.

Staff Writer | August 5, 2022 | 6:06 am

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

Bullion rose even after Federal Reserve officials pledged the central bank would continue an aggressive fight to cool soaring inflation.

Staff Writer | August 4, 2022 | 9:51 am

Copper worth nearly half a billion dollars goes missing in China

A group of companies is investigating why a commodities storage site is holding only one-third of the copper concentrate they were financing.

Bloomberg News | August 4, 2022 | 8:22 am

Iron ore price falls as property crisis threatens to drag down steel industry

Almost a third of China’s steel mills could go into bankruptcy in a squeeze that’s likely to last five years, said the chairman of Hebei Jingye Steel Group.

MINING.COM Staff Writer | August 3, 2022 | 8:51 am

Pelosi’s Taiwan trip spurs Chinese battery giant to pause plant debut

Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of batteries for electric vehicles, has been considering at least two locations in Mexico near the Texas border.

Bloomberg News | August 2, 2022 | 1:15 pm