United Kingdom

Tom Daly

China's Jiangxi Copper gets $213 mln loan from parent after stake buy

12 Dec 2019

* Top smelter says funds are for working capital, loan repayments

ASIA COPPER WEEK-Freeport sets lower 2020 treatment charges with Chinese copper smelters

21 Nov 2019

* Charges fall on tight supply, rising smelting capacity (Add smelter's comment)

ASIA COPPER WEEK-China metals group in talks with Shanghai exchange on scrap futures - official

21 Nov 2019

SHANGHAI, Nov 20 China's scrap metal body is working with the Shanghai Futures Exchange (ShFE) to have scrap copper listed as a tradable product, the head of the industry association said on Wednesday.

ASIA COPPER WEEK-Chinese smelters need treatment charges higher than current spot rate

20 Nov 2019

* Low sulphuric acid price adds pressure on smelters (Recasts, adds details from Daye Nonferrous Metals in paragraph 3)

UPDATE 2-China Hongqiao to move about 1/3 of its aluminium capacity to Yunnan

14 Nov 2019

QINGDAO, China, Nov 14 China Hongqiao Group , the world's biggest aluminium supplier, will move almost a third of its smelting capacity to Yunnan in southwest China from Shandong province, its chairman said on Thursday, cutting its reliance on coal-fired power.

UPDATE 1-China Oct aluminium output slips on smelter shutdowns

14 Nov 2019

SHANGHAI/QINGDAO, Nov 14 China's aluminium production in October fell 0.7% from the previous month, official data showed on Thursday, as smelter shutdowns continued to weigh on output.

UPDATE 2-China raises annual rare earth output quotas to record high

08 Nov 2019

* Mining quota at 132,000 T, smelting and separation at 127,000 T

Indonesia ore ban to hit China nickel pig iron, stainless steel output – analysts

06 Nov 2019

* Export ban to limit China's NPI production, boost Indonesia's

UPDATE 2-China's GEM eyes nickel, cobalt output from Indonesia by August 2020

05 Nov 2019

* GEM to need 36,000 tonnes of cobalt for battery ops in 2025 (Adds details on nickel and cobalt needed by GEM, quotes, details on plant output targets)

China's Zijin buys Freeport's copper-gold assets in Serbia for up to $390 mln

04 Nov 2019

BEIJING, Nov 4 Zijin Mining , one of China's biggest gold producers, said on Monday it would buy partner Freeport McMoran Inc's copper-gold assets in Serbia for up to $390 million, substantially boosting its resources of both metals.

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