China’s crackdown on Australian coking coal hurts its steel industry

Ships carrying a total of 6.84 million tonnes of Australian coal are now waiting to discharge at Chinese ports.

Reuters | November 26, 2020 | 8:23 am

CATL to keep close eye on cobalt, lithium, graphite suppliers

The battery giant has partnered with RCS Global Group to promote responsible supply chains.

MINING.COM Staff Writer | November 26, 2020 | 6:20 am

There’s $500 million of coal on anchored ships off China’s coast

More than 50 vessels have been waiting a month or longer to offload coal from Australia.

Bloomberg News | November 24, 2020 | 9:02 am

Speculative heat keeps copper market bubbling

LME three-month metal extended its recovery from the March lockdown lows of $4,371 to $7,331 per tonne, the highest trade since June 2018.

Reuters | November 24, 2020 | 8:36 am

China coal imports to increase in December – report

Wood Mackenzie says seaborne thermal coal imports are expected to grow from 9.5 Mt to 20 Mt in December.

MINING.COM Staff Writer | November 24, 2020 | 6:15 am

Cardinal Resources attracts third bidder in takeover war

A Ghanaian suitor has offered $1.05 per share, becoming the third bid Cardinal receives this year.

Cecilia Jamasmie | November 24, 2020 | 3:56 am

China must ban new coal power plants to meet 2060 goal – report

China’s coal power fleet, already more than 1,000 gigawatts strong, is underutilized and already includes dozens of redundant plants.

Bloomberg News | November 20, 2020 | 2:47 pm

Copper price soars to highest since 2014 on vaccine hopes

As coronavirus infections surge worldwide, fears of further near-term supply disruptions are also fueling gains.

MINING.COM Staff Writer | November 20, 2020 | 12:07 pm

Bull market for base metals likely to remain intact – Rosenberg

“As we were engaging in financial engineering the past ten years in North America to goose earnings per share, China was ramping up their productivity..."

Trish Saywell - The Northern Miner | November 19, 2020 | 3:12 pm

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Over-optimism among China steelmakers behind iron ore’s price plunge

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