China lithium top player boosts investment in emerging Australian miner

Having trouble viewing this email?  View online China News Digest Wednesday 9 May 2018 Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America China lithium top player boosts investment in emerging Australian miner Chinese companies continue to aggressively try securing steady supply of lithium, a key ingredient in the making of batteries that power electric cars. read » WGC latest report shows how weak gold demand has been this year Global demand dropped so much between January and March that the period became the weakest first quarter since the 2008 financial crisis. read » Australia's Galaxy hires JP Morgan to advise on $376m-lithium project options Australian lithium producer Galaxy Resources said it was evaluating "strategic options" for its project in Argentina, which remains in the feasibility stage. read » China says Chile move to block $5bn SQM lithium deal could be harmful If China's Tianqi grabs a stake in Chile's SQM, the world's lowest cost lithium miner, it would mean the top three producers would control at least 80% of the total market, Chile's government has said. read » Global bauxite production to grow: BMI A new report issued by BMI research states that global bauxite production growth will accelerate over the coming years. read » Biggest miner says China's shift to quality iron-ore will hold BHP forecasts reforms in China's steel sector will continue to hand an advantage to suppliers of higher-quality iron ore and coking coal as consumption of the alloy keeps growing well into the next decade. read » China's iron ore rises on renewed steel output; 2nd day of foreign trade Utilisation rate at mills climb back to November level. read » Qatar steps in to buy Rosneft stake after China deal collapses Qatar Investment Authority stepped in after the sellers — a consortium of QIA itself and mining giant Glencore Plc — told CEFC it wouldn't proceed with the original deal announced in October. read » China opens iron ore market to the world in pricing, image push China to allow foreign investors in iron ore futures from Friday. read » Mongolian Copper Corp considers international fight for Erdenet mine State seeks enforced acquisition of MCC's Erdenet stake. read » War on coal making the world's top mine owners a lot richer Anglo American Plc, Glencore Plc and BHP Billiton Ltd. are generating the highest profits in years from their coal mines. read » Mint American Eagle gold coin sales at weakest April since 2007 Meanwhile, silver coin purchases for the month rose 10 per cent higher than last year. read » China's metals trade is facing a year of upheaval: Andy Home China's trade in industrial metals looks set for significant upheaval this year as the country adapts to fast-evolving supply chains. read » Why the lithium bears are wrong What the bears seem to have in common is the belief that a rush of new lithium supply will soon hit the market. read » Asia Gold-Buyers unimpressed by price dip; India shifts to premium Physical gold demand lacked vigour in most Asian hubs this week amid a slight dip in prices. read » What to watch in commodities: aluminum, shale, Ag giants, China Aluminum remains in focus almost a month after the U.S. introduced sanctions against United Co. Rusal, then eased off. read » Jiangxi Copper Q1 profits rise 41.5 pct y/y on higher copper prices Jiangxi Copper Co, one of China's top copper producers, posted its biggest quarterly profit in 3-1/2 years on Friday thanks to higher copper prices. read » Up to 500,000 tonnes of alumina being exported from China as Rusal crisis bites The sanctions against Rusal, world's second-biggest aluminium producer, have up-ended the supply chain as companies cut contracts to use Rusal metal. read » US sanctions on Rusal shatter aluminium's supply chain: Andy Home By extending the sanctions deadline to Oct. 23, 2018, the Treasury Department has given Rusal and the aluminium market some much needed breathing space. read » Increased production at Chinese domestic coal mines lead to decline in thermal coal prices Since a price ceiling was imposed at China's main coal import harbour Qinhuangdao in mid-February, seaborne prices for coal have started to decline. read » Australia's Fortescue iron ore shipments, price fall in Q3 The iron ore producer reported a 2 percent fall in third-quarter iron ore shipments on reduced demand in China. read » Chalco Q1 profits fall 19.4 pct on lower aluminium prices Chalco produced approximately 3.61 million tonnes of aluminium last year, according to a filing to the U.S. Securities and Exchange Commission last week. read » Mining firms from China to Canada watch as Greenland holds election China already actively seeking opportunities. read » Commodities are flashing a once-in-a-generation buy signal Since the commodities supercycle unwound nearly 10 years ago, many investors have been waiting for the right conditions to trigger mean reversion and lift prices. read » Mining firms from China to Canada watch as Greenland holds election Chinese interest in Greenland comes after Beijing expressed ambitions to form a "Polar Silk Road" by developing shipping lanes opened up by global warming. read » Read more China news on MINING.com » Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. 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