China’s No.1 maker of batteries for EVs to build plant in Germany

Having trouble viewing this email?  View online China News Digest Wednesday 11 July 2018 Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America China's No.1 maker of battery cells for EVs to build plant in Germany A German battery plant could help ease an expected negative impact in the workforce employed by the local automotive industry. read » Copper price takes another huge hit Bears ignore soothing words about US-China trade war dropping copper to near 1-year low in frenzied trade. read » Former Rio Tinto exec jailed for corruption in China let free The ex-head of iron ore business in China, Stern Hu, spent almost nine years in a Shanghai prison after a 2010 conviction for corruption and industrial espionage. read » Indonesia extends Freeport operating permit for Grasberg Discussions over long-term rights should wrap up at the end of July. read » Glencore hammered as US requests documents in corruption probe Shares fell as much as 13% after the miner and commodities trader was told by US Department of Justice to produce documents on Nigeria, Congo and Venezuela. read » Lithium demand from battery makers to almost double by 2027 Strong demand growth will be largely focused on high-grade lithium, according to research firm Roskill. read » Automakers spending $255B on EVs a 'pile-up of epic proportions' Battery materials can charge mining's next supercycle but new study says automakers will "throw away tens of billions" making electric vehicles no-one wants. read » Global copper output up 7.1 pct in first three months of 2018 Miners around the globe produced 330,000 more tonnes of copper between January and March this year than in the same period of 2017, helped by higher production in world's leader Chile. read » Indian regulator approves Nutrien's sale of stake in SQM to Tianqi The Competition Commission of India green-lighted the $4.1 billion deal reached in May between the Canadian potash giant and China's Tianqi Lithium. read » Invesco turns to Trump playbook for signs of a metal rebound Escalating trade conflict between the U.S. and China has sent industrial metals to oversold territory. read » Zambia delays projects to cut debt and woo IMF back to talks The IMF has warned the southern African nation is at high risk of debt distress, while investors have grown skeptical about the amount of external loans. read » Metal markets are preparing for a new world disorder Donald Trump's attempts to re-balance global trade have already sent the metals world into a tizzy and as countries respond to U.S. tariffs and sanctions, the disarray is set to increase. read » US probe darkens Glencore horizons from Africa to Americas Investigation is casting a wider net with the addition of Venezuela and Nigeria to its investigation, increasing the likelihood that Glencore's management will get bogged down in a lengthy legal process. read » China's Baowu to move some iron, steelmaking capacity to middle and southern regions China's top steel maker China Baowu Steel Groups move is in line with Beijing's goal push to relocate heavy industries from polluted and crowded regions to places with less environmental pressure. read » Chinalco halts Guangxi rare earth operations after environmental lapses It is not the first time Chinalco, China's biggest state-owned aluminium producer, has run afoul of the country's ever stricter environmental regulations. read » Tenaris laying off Canada workers as Trump's steel tariffs bite Teneris will lay off 40 workers at its TenarisAlgomaTubes plant in Ontario and adjust output there because of the U.S. tariffs on steel and aluminum imports. read » China Zinc smelters plan to cut output by 10% Smelters seek to address low zinc prices and treatment charges. read » Zinc's horror run continues on rising supply, trade-war angst Zinc continued to slide after entering a bear market amid concern about increased supply and declining demand. read » Gold seen fighting back as dollar rebound is poised to reverse While trade tensions haven't yet provided much support, an escalation combined with a slide in the dollar could lift prices. read » Take the long-term view in a late-cycle market Inflation is set to get an even bigger jolt now that Trump has formally approved 25 percent tariffs on as much as $50 billion of Chinese goods. 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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