Measures to limit emissions and diversify China’s economy are having real results on the nation’s coal usage, according to Sarah Liu, deputy general manager of Fenwei Energy.
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Walkabout challenges claims of slowing Chinese graphite demand
According to Walkabout Resources, a previously reported “sudden and material decrease” in spot prices for all graphite flake sizes in China has not occurred.
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Syrah to slash production in response to volatile graphite market
Syrah Resources plans to take “immediate action” in response to the sudden decrease in graphite prices, which may plummet further later this year.
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Iron ore price hit by biggest monthly drop in eight years
The seaborne iron ore price has experienced its largest one month drop in almost eight years as shipments increased to China sparking supply pressure.
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Lynas posts record production in preparation for rare earths demand
Lynas Corporation has increased its global presence as a rare earths producer, posting record production and a surge in profit in the 2019 financial year.
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Accelerating EV growth drives lithium sector
The electric vehicle boom is imminent as countries around the world continue to reduce emissions output, but is the lithium sector prepared for what’s to come?
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Economic fears push Aussie gold price to new heights
The Australian dollar gold price has moved above $2300 an ounce for the first time in history as fears surrounding the United States–China trade wars have again impacted global economic markets.
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BHP maintains ‘emerging Asia’ is key to economic success
BHP has revealed its future economic and commodity outlook, viewing an ‘emerging Asia’ as the key destination for its vast portfolio of materials.
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China closes on Japan as Australia’s major LNG customer
Japan was the largest consumer of Australian liquefied natural gas (LNG) in the 2019 financial year, followed closely by China.
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Chinese juggernaut seeks WA gold sector investment
Western Australia has welcomed the Golden Gateway joint venture (JV) between China’s leading gold producer and Perth-based PCF Capital Group.
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Attacks on mining leave John Howard ‘perplexed’
Former Australian Prime Minister John Howard is perplexed by the attacks that are made on the mining industry despite its contribution to the country’s wealth.
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Fortescue delivers record shipments as Chinese demand spikes
Fortescue Metals Group has achieved record quarterly shipments from the Pilbara as the iron ore giant continues to capitalise on strong Chinese demand.
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Altura to expand lithium project with Chinese backing
Altura Mining is set to receive a $22.4 million boost from China-based shareholder Ningbo Shanshan to advance its lithium project in Pilgangoora, Western Australia.
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Northern Minerals boosts Browns Range pilot development
Northern Minerals will launch an ambitious ramp up of exploration and development at its Browns Range rare earths project in Western Australia after securing new funding.
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Beyondie investment decision looms for Kalium Lakes
Kalium Lakes expects to make a final investment decision (FID) for the Beyondie sulphate of potash (SOP) project in Western Australia this quarter following a funding approval from the German Government.
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MMG flags price slump on back of US-China trade war
Chinese-backed MMG has blamed the US-China trade dispute for a fall in base metal prices during the June quarter that affected the company's results.
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Surging iron ore drives mineral export value towards 2020 peak
The Australian Government expects commodity export earnings to peak a year later than expected due to a swing in the global iron ore price and a slight weakened exchange rate against the United States dollar.
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Explorer to Strike while iron ore is hot
Surging iron ore prices have driven Strike Resources’ decision to restart work on a number of its iron ore projects in Australia and Peru.
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Value of mining capital raising deals increases during 2019 first quarter
The value of capital raising deals in the mining industry has increased significantly in the first quarter this year to more than $US11 billion ($15.7 billion), according to GlobalData.
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LNG supply to Asia driving record export levels
Liquified natural gas (LNG) now dominates Australia’s petroleum production due to high demand from Asia, according to energy advisory firm EnergyQuest.
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