China insight
Glencore closes sale for Cobar copper mine
After selling its CSA copper mine in Cobar, New South Wales, to Metals Acquisition Corp (MAC) for $US1.1 billion ($1.64 billion) earlier this month, Glencore and MAC have officially closed the sale. |
China’s auto sector recovers in May, and Cold rolled steel (CRC) prices rise
China’s EV sales rose by 60.2% year on year to 717,000 units in May. Cold rolled steel (CRC) prices rise from six-month low. |
Centaurus secures full nickel rights at Jaguar
Base metals developer Centaurus Metals has reached an agreement with Vale Base Metals to acquire all of the offtake rights for the nickel products from its Jaguar project, in Brazil, in exchange for an increase in Vale’s net operating royalty over the project... |
Jindal Stainless ropes in Dassault Systemes to manage production, operational functions
Jindal Stainless Ltd (JSL) on Thursday said it has roped in France-based Dassault Systemes to manage "end-to-end" production and operational functions at its Hisar and Jajpur units. |
EU and Chile to develop lithium and green hydrogen projects
Lithium is a key material for electric-car batteries. |
Hwange coking coal production commences
United Kingdom resources firm, Contango Holdings Plc commenced production of coking coal at its Lubu Project in Matabeleland North at the back of heightened demand for the product on the local market. |
Indonesia must take advantage of US-China trade war: Minister
Indonesia and the US are discussing the facilitation of Indonesian nickel products exports to the US through the Indo-Pacific Economic Framework. |
EV Nickel doubles Shaw Dome resource in Ontario
An updated resource at EV Nickel’s Shaw Dome project in northern Ontario adds more than 24 million tonnes of contained metal to the W4 deposit over a previous estimate in 2010. |
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