China has copper flying like a FANG stock

Industry body sees demand rising as economic growth lifts consumers’ incomes.

Today’s interim injunction prevents Mineralogy from stripping its Chinese business partner from its iron ore mining rights in the Pilbara.

Top iron ore miner Vale expected claw back market share from Australian competitors thanks to its Serra Sul mine and use of Valemax mega-carriers.

Mega-carriers docking in China will see Brazilian giant Vale double export volumes to China over the next five years.

New company would still have its primary listing in Australia, with secondary listings in South Africa and the UK.

Shanghai Metals Market warns slim profits and continuous declines in steel prices have dampened Chinese mills’ appetite for iron ore.

Fresh data suggests it is still too early to celebrate a recovery in the sector.

Iron ore is the lifeblood of industrial development with China’s ‘build it and they will come’ policy driving prices to a high of over $180 per tonne in 2011. Flash forward and iron ore prices have slumped to break below $80 per tonne, the lowest level in 5-years.

Diamonds from Rio Tinto’s Argyle mine in Western Australia will be showcased across China in an unprecedented fashion from next month, headlined by a special white and champagne diamond encrusted tiara.