Chinese mining news

According to Wood Mackenzie’s latest report, compared to other base metals, China’s copper market appears to be better cushioned from the country’s power crunch.

Vale and XCMG Machinery has signed a Memorandum of Understanding for potential supply of equipment, including zero-emission, and autonomous equipment.

Anglo American plc has released its production report for the third quarter ended 30 September 2021.

Gold price, lithium demand, and China’s appetite for copper dominated much of the discussion at Mines and Money Online Connect @ IMARC running from 19 – 21 October.

ALLU has announced that it has acquired a business license in China to establish its own entity to manufacture and operate from.

Epiroc has won a large order for mining equipment and service from Dazhong Mining Co. Ltd in China.

Eastern Iron has executed a non-binding MOU with Yahua to form a strategic partnership for the acquisition and development of lithium projects.

Global rough diamond production is expected to recover by 1.4% to reach 112.99 million carats (ct) in 2021 following its decline in 2020, owing to the COVID-19 pandemic, according to GlobalData.

According to GlobalData, global bauxite production is set to grow by approximately 4% in 2021, supported by rising output from Australia and Guinea.

Defense Metals Corp. has announced the execution of a non-binding memorandum of understanding with Sinosteel Equipment & Engineering Co., Ltd to assess the economic and technical feasibility of full-scale mine development at the Wicheeda Rare Earth Property.