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BANGKOK — Chinese shares gyrated on Monday, sinking to 5-year lows after market regulators sought to reassure jittery investors with a promise to crack down on stock price manipulation and ...
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While China's total coal imports over January and February surged 23% year-on-year to 74.5 million tons, Russia's sales fell 22% to 11.5 million tons, according to the latest customs data.
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Iron-ore behemoth Fortescue's months-long stock rally suffered a big pullback in February as investors turned sour on the company's earnings growth and high exposure to slumping metal...
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A slump in prices since 2022 is undermining the business case for rare earth projects. ... America's bid to undercut China's grip on the global supply of rare earth minerals critical to high ...
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Xi's plan to nurture emerging tech-heavy industries that will help China pivot from the old economy to the new could also be a focus. ... incomes slump as ample supply combines with poor demand ...
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(Bloomberg) -- Chinese steel production and crude oil refining continued to slump in September, while output of other key commodities rose. Steel mills churned out 77.07 million …
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Commodity Slump: Mining, Metals and Electric Vehicles . October 27, 2023 ... EV production in China runs at around 8,145,000 units a year with another ... Sales, however, are a different story. They've plateaued for much of …
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China's slump is battering its commodities sector, with profits from coal mining to metals production continuing to decline as the property crisis worsens and the economy slows. The steel industry has been hardest hit, with profits at ferrous metals producers dropping 91% over the first seven months of the year, according to data from the ...
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A slump in the price of lithium, a key raw material in electric car batteries, is dragging on China's mining of the ultralight metal which together with a costly extraction process is prompting...
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Water Stress Is Factor in Global Mining Slump, Stranded Assets Floods, dam failures, public opposition batter big hard rock mines. ... spilling more than 40 million liters (10.5 million gallons) of water laden with heavy metals into local rivers. Governments Respond to Water Risk With mounting evidence of the economic, environmental, and social ...
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The raw materials bill for the average EV is now down to $537 compared to $1,342 in August 2023 and a monthly peak of more than $1,900 at the beginning of last year.
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Iron ore futures fell more than 5% to trade below $100 a ton in Singapore, while tin, zinc and nickel paced declines for non-ferrous metals on the London Metal Exchange.
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This summer's steel crisis has prompted China's biggest mills to warn that the industry must adjust to a new era in which demand is expected to decline. That puts iron ore at …
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Inc, Ltd and other mining industry suppliers put on a brave face at a major industry conference this week, trying to stare down plunging commodity prices and shrinking mining ...
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For decades, China has dominated critical minerals, with Canada and the US, among other nations, all too willing to let Beijing do the mining and/ or processing and sell the end-products. The ...
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Catalog; For You; The Star Malaysia - StarBiz. Anglo leads mining slump as China's turmoil batters commodities - . NEWYORK: Anglo American Plc and Glencore Plc led a slump in mining stocks to the lowest in more than a decade as commodity prices tumbled on concern that China's market turmoil will cut demand for raw materials.
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Copper rose 1.6% to $9,116 a ton on the LME as of 11:40 a.m. in Shanghai, heading for its biggest one-day gain in four weeks. Other metals were also up, with aluminum climbing 1.4% and tin surging ...
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Metal commodities have faced selling in the wake of the Chinese economic briefing over the weekend that failed to enthuse markets. All the base metals fell with zinc and tin …
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Global steel slump with roots in China shakes mining towns
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Aluminum dropped as much as 1.6% to hit a two-month low below $2,500 a ton, after data showed China's production of the metal hit a record last month as smelters brought back idled capacity.
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China's steel-industry slowdown looks set to deepen, with BHP Group, the world's biggest miner, and China Baowu Group, the top iron-ore buyer, flagging concerns as demand fades after decades of...
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CMOC Group, which last year overtook Glencore as the world's top cobalt producer, said the return of "rational" pricing in battery metals opened a window for global acquisitions.
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China issued draft rules on Wednesday to regulate its lithium battery market, after rapid expansion in the sector hit industry profits and sparked concerns about overcapacity in international market.
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China's slump is battering commodities producers, with profits from coal mining to metals smelting continuing to decline as the economy slows. Bloomberg - China's slump is battering commodities...
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Battery metal prices are on the floor, and massive expansions by Chinese miners have been instrumental in driving them lower. Now, with many Western rivals cutting output or shutting down...
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By Siyi Liu and Andrew Hayley BEIJING- A slump in the price of lithium, a key raw material in electric car batteries, is dragging on China's mining of the ultralight metal which together with a costly extraction process is prompting a reassessment of output growth and new project plans. Softening EV demand has knocked down […]
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China's slump is battering its commodities sector, with profits from coal mining to metals production continuing to decline as the property crisis worsens and the economy slows. videos Gravitas
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China's two biggest lithium producers remained in the red nine months into the year as the battery-metal downturn continues to squeeze the industry. Tianqi Lithium Corp. and Ganfeng Lithium...
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MARKETS China demand slump is 'real', Merrill says. IS CHINA'S slackening demand for iron ore and other commodities genuine, or a clever ploy to talk...
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BEIJING (Reuters) - A slump in the price of lithium, a key raw material in electric car batteries, is dragging on China's mining of the ultralight metal which together with a costly extraction ...
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A slump in the price of lithium, a key raw material in electric car batteries, is dragging on China's mining of the ultralight metal which together with a costly extraction process is prompting a ...
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China's biggest copper smelters are set to meet in Beijing next week to discuss measures to counter a plunge in ore processing fees to the lowest level in years, including potential production cuts.
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China's steel-industry slowdown looks set to deepen, with BHP Group, the world's biggest miner, and China Baowu Group, the top iron-ore buyer, flagging concerns as demand fades after decades of growth. While both BHP and Baowu's listed unit posted relatively healthy profits on Tuesday, their downbeat comments on the outlook for steel will intensify global …
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Commodities and mining equities have slumped after the four-day get-together of Chinese authorities in Beijing didn't result in any headline grabbing plans to significantly...
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