Lynas blames US-China trade war for rare earths market volatility

Teck Resources LimitedLimited ("Teck", TSX: TCK.A and TCK.B, NYSE: TCK) and the National Agricultural Technology Extension Service Center of the Ministry of Agriculture of China (NATESC) announced today that they have signed an agreement to demonstrate and promote zinc fertilizer use in China.

Mr Tom Albanese CEO of Rio Tinto as saying that company has shrugged off concerns about a slow down in Chinese demand for commodities, reiterating its faith in the Asian superpower's industrialization.

State-run Korea Resources Corp. (KORES) is planning to invest at least US$532 million (600 billion won) in mining projects abroad this yea, particularly in the coal sector of Indonesia and North America, reports Bloomberg.

Zinc fundamentals in China look promising according to a new report sourced by Intierra.

Bloomberg reported bleak news from a leading Asian analyst who says there is no doubt that China's economy is already landing hard.

China's annual gold production continues to grow comfortably maintaining its position as the world's biggest gold miner assuming official statistics tell the full picture - which they may not!

Hope for the beleaguered iron ore sector has come in the form of higher prices and signs that steel demand is picking up in China, Reuters reports.

The U.S., Japan and the European Union have filed an official complaint at the World Trade Organization this morning, urging the body to take actions against China’s restrictions on these metals. President Obama warned China that it would not be allowed to gain a competitive advantage in world trade by "skirting the rules."

MarketWatch quotes  Nomura economist Zhiwei Zhang as saying:  "Overall, economic conditions are getting weaker at a fast pace. The slowdown is happening faster than the government expected."