China’s Q1 gold consumption jumps 93.9% y/y on robust demand

Countries heavily reliant on their extractive sectors need to step up efforts to lure investors or they will see their infrastructure sectors stalled, warn analysts.

Underperforming bellwether joins industrial metals party.

The deal includes a 17% interest in the Port Kembla Coal Terminal, south of Sydney.

Number 1: Producers have negotiated quarterly contracts $70 below the spot price.

"It would of obvious strategic benefit for China to control a major iron ore deposit and add new supply to discipline the market."

The permanent magnet and catalyst sectors will continue to provide the largest markets for rare earths in the next ten years to 2026.

While output was down for most commodities it mines and sales, it has improved earnings forecast for its trading unit.

As seaborne coking (up 227% year-to-date) and thermal coal (up 128%) continue to rally, decline in US domestic prices, exports resume long-term down trend.

The move comes only a few days after it resumed operations at Collinsville mine in Australia's Queensland state.