United Kingdom

Tom Daly

Zinc treatment, refining charges seen high on rising mine supply

17 Oct 2019

KUNMING, China Zinc treatment and refining charges are expected to stay at high levels due to rising mine supply from Australia and South Africa, Chinese smelters, overseas miners and traders said this week at an industry gathering in China.

China copper smelters hike fourth-quarter treatment charge floor ahead of 2020 talks

17 Oct 2019

KUNMING, China/SINGAPORE China's top copper smelters on Thursday raised their fourth-quarter floor treatment and refining charges (TC/RCs) by 20% from the previous quarter, according to three people with knowledge of the matter.

UPDATE 2-China copper smelters hike Q4 treatment charge floor ahead of 2020 talks

17 Oct 2019

* Smelting closure, more Indonesian supply push up floor price

China lead producer Yuguang eyes move into battery manufacturing

16 Oct 2019

KUNMING, China Henan Yuguang Gold and Lead , China's largest lead producer, plans to set up a lead-acid battery production line as part of a downstream expansion, a company official said on Wednesday.

China Hongqiao turns to Yunnan for 'green aluminum' potential

16 Oct 2019

KUNMING, China China Hongqiao Group has agreed to set up a "green aluminum" industrial park in Southwest China's Yunnan, according to a statement on Wednesday, as the top aluminum producer seeks to capitalize on the province's hydropower resources.

Codelco holds China copper premium steady at $88 per tonne for 2020: sources

09 Oct 2019

BEIJING/JOHANNESBURG Chile's Codelco, the world's biggest copper producer, has agreed with some Chinese customers to keep its physical copper premium for 2020 unchanged from this year at $88 a tonne, according to two people with knowledge of the matter.

China's August nickel ore imports from Indonesia surge 26.5% ahead of ban

25 Sep 2019

BEIJING China's nickel ore imports from Indonesia rose 26.5% year-on-year in August, customs data showed on Wednesday, as stainless steel producers stocked up on raw materials ahead of a ban on exports from the Southeast Asian country.

China has enough oil inventories to last about 80 days: NEA

20 Sep 2019

BEIJING China has around 80 days of oil in storage, including those in its strategic petroleum reserve (SPR), oil storage at oil firms and commercial stocks, a National Energy Administration (NEA) official said on Friday.

Exclusive: London Metal Exchange to delay ban on tainted metal until 2025 - sources

18 Sep 2019

LONDON/BEIJING The London Metal Exchange (LME) will postpone plans to ban metal tainted by human rights abuses until 2025, giving producers three more years to comply with guidelines and the exchange time to rethink its approach, industry sources said.

UPDATE 1-China Moly wins Fanya metal auction, investors await return of funds

17 Sep 2019

* China court auctions off 28,336 T of ammonium paratungstate

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