BEIJING China's gold consumption fell 38% year-on-year in the first half of 2020, hurt by the coronavirus and a slowing economy, although demand started to recover in the second quarter, the China Gold Association said on Tuesday.
BEIJING China raised its mining quota for rare earth minerals by 6.1% in 2020 to a record annual high, the natural resources ministry said, in the effort to ramp up production of the prized minerals.
BEIJING, July 14 China's monthly imports of
soybeans leapt to a record high in June, jumping 71% from a year
earlier, customs data showed on Tuesday, as a flurry of cargoes
arrived from top supplier Brazil.
BEIJING, July 8 China's Nanjing Iron & Steel Co
Ltd said on Wednesday it has completed its first
blockchain-backed trade in iron ore after booking a $16.87
million shipment of the steelmaking ingredient from a joint
venture of miner Rio Tinto.
SINGAPORE/BEIJING A stunning V-shaped recovery in the price of copper is looking stretched as top consumer China enters its summer construction slowdown and fears of supply disruptions from the coronavirus have been mostly priced into the market.
BEIJING China's top copper smelters on Friday cut their floor treatment and refining charges (TC/RCs) for copper concentrate in the third quarter by 3.6% from a year ago, according to two people with knowledge of the matter, amid concerns over tight supplies.
BEIJING China's top two copper smelters clinched copper concentrate supply deals with miner Antofagasta for the first half of 2021, two sources with direct knowledge of the matter said on Thursday.
BEIJING Aluminum Corp of China Ltd, known as Chalco, said on Thursday it would implement "flexible production", a phrase used to refer to output cuts, at three alumina production lines accounting for about 10% of its total capacity.
BEIJING China is dragging its feet in releasing new codes governing high-grade copper and aluminium scrap imports, leaving scrap metal firms abroad confused and without a clear way into their key market.
BEIJING Officials in Beijing are carrying out tests to detect traces of coronavirus on all food and parcel delivery workers in an effort to rein in a new outbreak, state-backed media reported on Saturday.