"Price weakness could last through China's New Year public holiday next week, typically a time of low demand," said Saxo Bank.

Despite China's ambitious low-carbon goals, President Xi Jinping has said "reducing emissions is not about reducing productivity, and it is not about not emitting at all."

The mining quotas will be shared among the country's four main producers.

China's gold consumption last year rose by over a third from 2020, led by uptake of gold jewelry.

The officials who worked at four mills in Tangshan city near Beijing, China’s top steelmaking hub, were given prison sentences from six to eighteen months.

Global EV sales were on track to hit 6.3 million units in 2021—nearly double the total of 2020.

The opposition Conservatives said the Liberal government should have blocked Zijin Mining from buying Neo Lithium.