China to crack down on iron ore price gouging as market rallies on post-pandemic hopes
China’s top economic planner will tighten supervision of iron ore pricing after the steelmaking ingredient’s surge in recent months.
China looks to Guinea’s vast Simandou iron ore mine to secure supply
China is making a bigger bet on the huge Simandou iron ore mine in Guinea, which it sees as crucial as it tries to reduce reliance on Australian ore amid geopolitical tensions.
Bulk Buys: Optimism iron ore will take off as China unlocks
By now we’re all familiar of the tale of iron ore in 2022, a ball of confusion heavily influenced by China and its now seemingly eternal ruler Xi Jinping’s hard stance on Covid-19.
Police move in on anti-coal activists at German protest camp
German police on Tuesday (Jan 10) began removing climate activists perched precariously on high structures as they embarked on a “dangerous” operation to evacuate a protest camp that has become a symbol of resistance against fossil fuels.
China-Australia relations: ‘surge’ in Australian coal inquiries amid reports Beijing set to end import ban
Chinese buyers have stepped up inquiries for Australian coal following reports Beijing is set to lift its unofficial import ban, according to traders, analysts and academics, amid a thawing of bilateral relations despite no official announcement.
Nation heats up domestic iron ore biz
China is expected to ramp up domestic iron ore sources while enhancing the utilization of scrap steel and housing more overseas mining assets to safeguard the supply of iron ore, a key raw material for steelmaking, experts said.
Iron Ore Prices to Move Rangebound in Near Term amid Supply Pressure and Pre-CNY Stockpiling
Prices of iron ore posted a three-day losing streak as of January 5, closing with losses of 1.23% at 840 yuan/mt, the lowest in a week. But iron ore prices remained firm at a relatively high level.
Coal’s role expected to decline gradually
Primary energy consumption in China is expected to peak during the 2030-35 period to 6.03 billion ton standard coals and drop to 5.6 billion ton standard coals around 2060, a report released on Wednesday said.
China And Australia To Renew Trading Of Iron Ore, Coking Coal, Other Goods
Today, COVID-hit China finds itself increasingly isolated, not only from the U.S., but most of the world. As a result, its policymakers have prudently decided to return to one of their oldest allies: Australia. The hope is that the country can reclaim supplies of vital elements like iron ore and coking coal.