China

Coronado Resources is expecting demand from international markets for its metallurgical coal will climb 14 per cent by 2030.

BHP expects iron ore demand will remain strong due to increases in Chinese steelmaker activity.

The price of Australian iron ore fines has moved back above $US150 ($US196.31) per dry metric tonne after sharp falls in recent weeks.

Yancoal has flagged the possibility of an underground operation at the Mount Thorley Warkworth thermal and coking coal project in New South Wales.

Prices for Australia’s high-grade iron ore fines have increased this week after data on China’s steel output in 2020 was revealed.

New Century Resources is anticipating a rise in zinc prices due to an increase in global demand as governments boost infrastructure projects to drive their economic recovery plans.

Whitehaven Coal is wary of investing in its development projects due to turbulent coal markets that have been amplified by Chinese restrictions on imports from Australia.

With close to 30 years’ experience as a manufacturer of ceramic grinding media, King’s Beads has brought its expertise to Australia’s mining industry.

Investment bank UBS has boosted its forecasts for iron ore prices next year by nearly 20 per cent.

Glencore will supply cobalt to Chinese battery manufacturer Green Eco-manufacture Hi-tech (GEM) for an additional five years after expanding their partnership.

BHP has awarded Shell a contract to fuel five Newcastlemax bulk carriers with LNG.

Prime Minister Scott Morrison has revealed Australia’s best people are working on resolving why $700 million of Australian coal shipments are held off from Chinese ports.

Anglo American has awarded a 10-year charter contract for four LNG fuelled capesize vessels, marking its first introduction of LNG into its chartered fleet.

China’s coal imports have dropped by 47 per cent in October compared with the corresponding period last year as trade tensions with Australia worsened.

Fortescue Metals Group has secured 12 new agreements with Chinese steel mills, procurement partners and financial institutions during the China International Import Expo 2020.

Aurizon managing director and chief executive officer Andrew Harding has anticipated that China’s decline in coal import volume will continue.

Rio Tinto has inked an agreement to develop blending operations within the Port of Dalian in China as it moves to expand its offering to customers across Asia.

Copper prices have rebounded this week as Chinese demand for the metal reached record levels during July.

Coronado Global Resources’ Australian operations have given a standout performance during the June quarter.

Tianqi Lithium has suffered another blow from the softening lithium market after its parent company, Chengdu Tianqi Industry Group, put part of the the company on sale.