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China's Coal Inventories Rise, Losses Widen
China's coal producers faced greater inventories in the first half of the year as an economic slowdown and lingering oversupply continued to weigh down the sector, according to data from the National Development and Reform Commission (NDRC). |
Lynas restructuring leads an all-Australian rare earths market tide
The share performance of the only two producers of rare earths outside of China Lynas Corp. (ASX: LYC) and Molycorp (NYSE MKT: MCP) in the past two would have suggested that the REE market has picked up some favourable winds. |
China's Coal Industry Says Times Are Hard, Outlook Worse
More than 70 percent of China's coal firms are making losses, the head of the coal industry association said on Thursday, with prices eroded by falling demand growth, a worsening supply glut and a war on smog. Wang Xianzheng, the chairman of the China Coal In... |
China to Shut down 1,700 Small Collieries
China's work safety watchdog on Thursday vowed to close over 1,700 accident-prone small coal mines in a bid to enhance safety and reduce casualties. |
E-commerce Lifts Chinese Steel Firms
Taobao, a C2C online platform owned by e-commerce giant Alibaba Group Holding Ltd, now provides not only small items but also bulk commodities such as steel products. E-commerce business, highly accepted by the market, is transforming the surplus steel indust... |
New Norms Signal Support for Chinese Nuclear Plants
China's top energy regulator on Thursday announced 164 industry standards, about half of which are related to nuclear power, a signal that the country will support its nuclear sector with new approvals for plants. |
China stokes plans for railway in S. America
China is laying the tracks for the further development of Latin America and boosting relations with the region following President Xi Jinping's proposal for a Peru-Brazil transcontinental railway and the signing of a China-Brazil rail agreement. |
`Status Quo likely` for Rare Earth Export Quotas
The Ministry of Commerce has announced the second batch of rare earth export quotas for this year, and it has shown no signs of expanding the quotas this year, even amid rising global demand for the minerals. |
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