LAUNCESTON, Australia China's imports of crude oil and copper surged to records in June, while iron ore hit the highest in 33 months, but the factors that drove the surge are already fading into history.
LAUNCESTON, Australia Lucas Dow, the outgoing chief executive of Adani Enterprises' Australian operations, signed off with a vigorous defence of the company's controversial Carmichael coal mine, and a spray at the venture's numerous opponents.
* GRAPHIC - China copper vs aluminium futures: https://tmsnrt.rs/3dW59Tz
LAUNCESTON, Australia Metals markets appear to have made up their mind that the global economy is likely to have a V-shaped economic recovery, and that China is already in this happy condition.
* GRAPHIC - India's coal imports vs. Indonesia price: https://tmsnrt.rs/2BN6qiC
LAUNCESTON, Australia Seaborne coal prices in Asia have plunged to the lowest in more than a decade as shipments to the region's top importers, especially India, have come under pressure in the midst of the coronavirus-led economic slowdown.
LAUNCESTON, Australia, June 29 Iron ore and gold
may seem unlikely bed fellows, but in the current coronavirus
pandemic they are combining to try and hold up Australia's
reputation as the "lucky country".
LAUNCESTON, Australia Iron ore and gold may seem unlikely bed fellows, but in the current coronavirus pandemic they are combining to try and hold up Australia's reputation as the "lucky country".
LAUNCESTON, Australia A record amount of crude oil is heading from the United States to China next month, but rather than signalling that the trade deal between the two countries is working, it serves to underscore just how far Beijing is from meeting its commitments.
LAUNCESTON, Australia, June 23 Australia's
mining lobby group, the Minerals Council of Australia, long
derided by environmentalists as coal-loving dinosaurs, has
launched a climate action plan that is probably significant for
what it doesn't say than what it does.