Iron ore price drops on steel output control worries

Benchmark iron ore futures in China tumbled on Friday and logged their fourth straight weekly fall.

MINING.COM Staff Writer | July 9, 2021 | 8:35 am

Copper price rises as dollar retreats

Copper prices ticked up on Friday as the US dollar pulled back from a three-month high.

MINING.COM Staff Writer | July 9, 2021 | 8:20 am

Chinese battery maker EVE to invest in lithium production

EVE, based in Huizhou in southern China, said in an exchange filing it planned to take 28.1% equity in Jinkulun Lithium Industry Co, which makes lithium metal in China.

Reuters | July 9, 2021 | 7:43 am

Elon Musk’s China battery partner is now richer than Jack Ma

Zeng Yuqun, the founder of CATL, has overtaken Alibaba co-founder in the wealth rankings, a symbolic moment in the rise of China’s green billionaires.

Bloomberg News | July 8, 2021 | 9:57 pm

Iron ore price retreats as steel production cuts spark demand concerns

A major steel producer in eastern China had been urged to idle its blast furnaces after a central government inspection, according to Reuters.

MINING.COM Staff Writer | July 8, 2021 | 8:32 am

Copper price jumps after China’s auction fetches $10,500 per tonne

More sales will be arranged in the near term to ensure market stability, the National Food and Strategic Reserves Administration said in a statement.

MINING.COM Staff Writer | July 7, 2021 | 9:12 am

Home: Forgotten tin tops energy transition metals leader-board

Copper may grab the supercycle headlines but it’s the tiny tin market that outperformed all other base metals in the first half of this year.

Reuters | July 7, 2021 | 8:27 am

China’s state metals reserves auctioned off in double-quick time

The first round of China’s much-anticipated state metal reserves auctions needed only one of two days allotted for all the copper and aluminum on offer to be sold.

Reuters | July 7, 2021 | 8:18 am

China to sell more metals from reserves to ensure stable prices

China is releasing metal from state stockpiles as part of its campaign to restrain prices after factory inflation in May hit its highest level in 13 years.

Bloomberg News | July 7, 2021 | 7:10 am

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Historically low stocks behind spike in zinc price for delivery tomorrow

Global copper smelting climbs in January to one-year peak – satellite data

Column: China’s zinc and lead exports plug Western supply gaps

Zinc price slumps on jump in inventories and weak Chinese demand

Iron ore price retreats on China demand rethink, price curbs worry

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