Iron ore price on track for fifth weekly fall on demand worries

"I think this is just a natural volatility after such a big supply shock"

The action will increase Livent's sale taxes in China but give it greater access to growing markets for lithium in Japan, South Korea and elsewhere.

Was it another false dawn for the nickel market?

While China’s holdings are the sixth largest by country, they account for only 2.4 percent of reserves, compared with more than 70 percent in Germany and the US.

The project encircles the Taldybulak Levoberejnyi Mine, which was recently built by Zijin and contains 3.2 million ounces in reserves and resources at a grade of 7.2 g/t.

China iron ore futures rose to a record on Monday, the first session after a week-long national holiday, on concerns that supply from Brazil, the country's second-largest ore supplier, may decline after a fatal dam accident at a Vale mine.

While there are deficits ahead, the global aluminium demand picture will improve.

Analysts believe the price surge lines up with the market halting up to 40 million metric tonnes of Vale’s iron ore production.

This deal gives Beijing a second chance in Bolivia after Xinjiang TBEA beat six rivals to partner with Bolivia on Coipasa and Pastos Grandes.