Chinese mining news

If 2021 was the year of rebound for metals and mining commodities, then 2022 is shaping as the year of rebalance, says Wood Mackenzie, a Verisk business.

A recent analysis from Rystad Energy has shown that EV producers and suppliers could be facing a major cost headache starting this year as battery-grade lithium prices skyrocket.

MineHub Technologies Inc. has announced that the MineHub platform has been used by BHP and China Minmetals in the first cross-border copper concentrate trial shipment processed on blockchain technology.

Western weaknesses in lithium-ion supply chains will slow electric vehicle adoption and demonstrate China’s dominance of the EV market, says GlobalData.

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.