Australia reassures on China iron ore processing changes

And US$6 billion over budget.

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Molycorp, Lynas and perhaps one other small player are sufficient to meet light REE demand, while there's room for one or maybe two heavy producers outside China, says outgoing CEO Constantine Karayannopoulos.

China’s yuan has overtaken the euro to become the second-most used currency in trade finance.

Chinese steel mills are humming and rapidly depleting domestic iron ore mines face tough new environment rules from Beijing translating into surging demand for imports.

Shipments reached 22.3 million tonnes from 16.2 million tonnes a year earlier.

"24 million tonnes of super-cooled gas per year, or just over three billion cubic feet a day."

The “Jade Rabbit,” China's first lunar rover, is equipped with a round-penetrating radar to measure the Moon's soil and crust.

"We will deliver the expansion at an estimated capital cost of more than $3bn below previous expectations."