China's Ganfeng grabs SQM's stake in Argentinean lithium project

Having trouble viewing this email?  View online China News Digest Wednesday 15 August 2018 Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America China's Ganfeng grabs SQM's stake in Argentinean lithium project The $87.5-million deal is the latest Chinese acquisition of a lithium project in South America, following Tianqi Lithium's decision to buy 24% of SQM for $4.1 billion, which has not yet been approved by Chile's antitrust regulator. read » Copper price falls as China investment grows at slowest pace on record Called off strike at world's largest copper mine adds to pressure on copper price now down nearly 20% in little over two months. read » Auto industry's use of lithium-ion batteries to grow seven-fold by 2025 The need to store electricity, generated by renewable energy sources such as wind and solar, will also help demand to grow, the Metal Bulletin says. read » Graphite: China's H1 exports of natural graphite up 9% on previous year Demand for spherical graphite continues to grow rapidly for use in the anodes of lithium-ion batteries. read » Coal miners to see improved finances: Fitch The market research firm states that despite coal being an increasingly targeted commodity on environmental protection grounds, the demand remains strong. read » Sole supplier puts cobalt (and EV) market at risk: IEA For the International Energy Agency, having the Democratic Republic of Congo as the supplier of almost 60 per cent of the global production of cobalt is a risky business. read » Rio Tinto down despite $7.2bn cash return to investors Company said first-half profit grew 12% to $4.42 billion, below the $4.53 billion forecast by analysts. read » Falling Chinese electric car production wrenches lithium price The world's automakers "don't worry about lithium supply anymore" – Simon Moores. read » Copper price bears shrug $280B China stimulus package And Chuquicamata stoppage, looming Escondida strike. read » China may end up inadvertent winner from Trump's aluminium tariffs: Russell It's probably not what U.S. President Donald Trump had in mind when imposing tariffs on aluminium imports, but it looks likely that some of the big winners from the 10% import tax will be China's producers. read » Soviet collapse echoes in China's Belt and Road Like the Soviet Union in the 1970s, China is coming to the end of a long labor-force boom and hoping that an orgy of investment will keep the old magic going while stabilizing its fraying frontiers. read » Shanghai rebar dips from 6-yr high; tradespat escalates Rebar open interest falls to lowest in 4 months. read » More northeast China cities cancel alumina projects amid public backlash China alumina, aluminium output set for repeat curbs this winter. read » Saudi Arabia and Iran reignite the oil price war The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. read » China's Shandong province cuts steel and coal capacity in environment plan Shandong's Environmental Protection Bureau said it would cut pig iron production capacity by 600,000 tonnes and crude steel by 3.55 million tonnes by the end of this year. read » Barrick Gold makes China investor push as markets slump Barrick Gold Corp will make a bigger push to attract institutional investors in China under a new deeper-ties pact with Shandong Gold, aimed at bolstering its shareholder base, executives told Reuters. 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. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com China News Digest". You mayunsubscribe at any time. The information contained in “China News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “China News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.