China Top Stories

Huayou seeks $2.7 billion for Ford-backed Indonesia nickel plant

The fundraising comes as benchmark nickel prices trade near a four-year low amid weaker demand from the stainless steel market.

Bloomberg News | November 7, 2024 | 5:05 pm

China’s central bank pauses gold purchases for sixth straight month

Bullion prices have surged about 33% this year, on track…

Reuters | November 7, 2024 | 7:35 am

China’s steel demand shifts to higher grade ore, Rio Tinto exec says

"The demand for high grade ore continues to be strong,"…

Reuters | November 6, 2024 | 5:37 pm

Rio Tinto to trial Chinese battery swapping technology at Oyu Tolgoi

Battery swapping allows an electric vehicle to quickly exchange a…

Staff Writer | November 6, 2024 | 9:41 am

World’s biggest cobalt miner is gloomy on the EV metal’s future

The adoption of cobalt-free LFP batteries has gained momentum in…

Bloomberg News | November 6, 2024 | 6:20 am

Syrah Resources’ losses deepen as China glut hits graphite demand

Syrah said it had not sold any graphite to China in the first half of the year amid "intense competition".

Reuters | September 9, 2024 | 6:47 am

China’s central bank pauses gold purchases for a fourth month in August

China's gold holdings stood at 72.8 million fine troy ounces at the end of last month.

Reuters | September 7, 2024 | 6:36 pm

China lodges WTO complaint over Canada’s EV and metal tariffs

Canada announced last week it would impose 100% tariffs on Chinese-made EVs effective October 1.

Bloomberg News | September 6, 2024 | 7:05 am

Iron ore price flicks higher from lowest close in nearly two years

The flick higher on Friday ends five days of losses amid torrid conditions in China’s steel market.

Bloomberg News | September 6, 2024 | 6:57 am

Trafigura’s top China iron ore traders leave group

The departures came after global prices of the key steel-making ingredient tumbled almost 40%.

Reuters | September 6, 2024 | 6:45 am

Chinese lithium producers embrace hedging to manage volatility

Several companies have unveiled their hedging exposure via lithium carbonate futures during the recent earnings season.

Bloomberg News | September 5, 2024 | 10:20 am

Iron ore price sinks as steel group warns of ‘flash in a pan’ recovery

Iron ore slumped to its lowest level since 2022 and traded near $90 a ton.

Bloomberg News | September 5, 2024 | 9:26 am

Global gold ETFs saw fourth month of inflows in August, says WGC

A stronger gold price and recent inflows pushed the total assets under management to a month-end peak of $257.3 billion in August.

Reuters | September 5, 2024 | 7:43 am

Column: West plugs defences as China cranks up aluminum output

China's primary aluminum smelters are producing record amounts of metal and the domestic market surplus is spilling out of the country.

Reuters | September 4, 2024 | 2:50 pm

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