RBC hikes silver price forecasts

As part of the Beijing’s ongoing plan to reduce the alarming rates of air pollution and reduce the nation’s dependency on the fossil fuel.

Rather than an indication of weakening demand, discounts offered in Shanghai on the London spot price were a function of the weak yuan.

The mining giant believes demand for coal to keep growing over the next 20 years, driven mainly by China and India.

Don't hold your breath.

The price is also about 25% below what India paid last year to the now defunct Belarusian Potash Co., which Uralkali owned jointly at the time with Belaruskali.

The separate company would be listed on the London Stock Exchange, as well as the Australian and South African markets.

Price of steelmaking raw material up 4% on Monday, erasing all of March's steep losses. Forecaster says move back above $130 a tonne on the cards.

China's rare earth industry is responsible for almost 90% of global output, but the nation has been imposed strict export quotas since 2010.

The ruling was sparked by inspections carried out from March 16 to March 20 that detected contaminants in adjacent lakes.