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Langfang gas combined-cycle power plant, China

By: Sheila Barradas     16th February 2018 China's State Power Investment Corporation is building an 800 MW combined-cycle power plant in the Anci Economic Development Zone of Langfang City, in Hebei province. 

China will crack down on illegal coal mining in 2018 – safety watchdog

By: Reuters     12th February 2018 China will carry out "special action" in 2018 to crack down on illegal coal mining to ensure safe mine operations and reduce output capacity, the State Administration of Work Safety said in a statement on Monday. Coal mines that fail to meet safety measures or operational standards will be... 

On-The-Air (09/02/2018) 

By: Martin Creamer     9th February 2018 Every Friday morning, SAfm's AMLive's radio anchor Sakina Kamwendo speaks to Martin Creamer, publishing editor of Engineering News and Mining Weekly.  Reported here is this Friday's At the Coalface transcript: Kamwendo: China's colossal Clean Air Revolution is poised to give massive support to... 

China gives new incentives to boost high-quality coal capacity

By: Reuters     9th February 2018 China plans to increase high-quality coal supply by allowing mines to boost capacity if they shut outdated production processes, the latest effort by authorities to further streamline the industry and stabilise coal prices. Coal companies will be encouraged to close inefficient and polluting... 

Smelters expected to reduce zinc processing fees amid mine supply shortage

By: Reuters     8th February 2018 Zinc smelters are set to accept lower fees for processing concentrate into metal when annual contracts are hammered out next week at a conference in California, as a crunch in mine supply stretches into a third year. Treatment charges (TCs), the fees miners pay smelters to process their ore, are... 

China iron-ore imports hit 2nd-highest on record on restocking

By: Reuters     8th February 2018 China's iron-ore imports jumped to the second highest level on record in January as the world's top buyer built stockpiles ahead of the Lunar New Year holiday and the lifting of steel production curbs next month. Shipments of the steelmaking raw material in January climbed 19% from December to... 

China aims to meet 2020 target for steel capacity cuts this year, warns on resumption

By: Reuters     7th February 2018 China aims to meet its target for reducing steel production capacity two years earlier than planned, the industry ministry said in a statement on Wednesday, as the world's top steel producer ramps up its years-long push to reduce excess output. The original plan called for reducing 150 million... 

Chinese State-owned energy companies to form coal, power trading JV

By: Reuters     6th February 2018 Six Chinese State-owned energy companies will form a joint venture to trade coal and electricity and invest in an electric transmission system to better connect Shanxi and Jiangsu provinces. The announcement follows the Chinese government's plans to streamline its state-owned coal industry by... 

China's gold consumption rises 9.4% in 2017 – state TV

By: Reuters     1st February 2018 Gold consumption in China grew by 9.41% from the previous year to 1 089 t in 2017, state television CCTV reported on Thursday, citing figures from the China Gold Association. Sales of gold jewellery in China were up 10.35% to 696.5 t, while those of gold bars – bought as a safe-haven investment... 

Ansteel executive named China Minmetals' new chairperson

By: Reuters     29th January 2018 The former head of China's Anshan Iron and Steel Group (Ansteel) has been named the new chairman of metals group China Minmetals, the State-Owned Assets Supervision and Administration Commission (SASAC) said on Monday. Tang Fuping replaces He Wenbo, who leaves Minmetals having served as chairman... 

China unveils vision for 'Polar Silk Road' across Arctic

By: Reuters     26th January 2018 China on Friday outlined its ambitions to extend President Xi Jinping's signature Belt and Road Initiative to the Arctic by developing shipping lanes opened up by global warming. Releasing its first official Arctic policy white paper, China said it would encourage enterprises to build... 

Consultancy to partner with black entrants as they acquire Tier 1 coal assets

By: Martin Creamer     26th January 2018 Project delivery and engineering consultancy WorleyParsons RSA is once again answering the call for transformation and broader economic participation of previously disadvantaged South Africans. The company’s latest initiative is black entrepreneur development in coal, which will be its key focus... 

Chinese steel mills win domestic iron-ore pricing in some 2018 contracts

By: Reuters     25th January 2018 Chinese steelmakers have succeeded in a push to include domestic iron-ore price indices in some 2018 annual supply contracts with global miners, four industry sources said, as the world's top buyer boosts its clout over pricing of major commodities. The move marks a major step in the evolution... 

China's 2017 coal imports from Russia surge after N Korea ban – customs

By: Reuters     25th January 2018 China's coal imports from Russia and Mongolia soared in 2017, customs data showed on Thursday, as the two countries filled a supply gap caused by a series of trade sanctions on North Korea. Arrivals from Russia surged 36.3% from 2016 to 25.3 million tonnes, data from the General Administration... 

Eyeing China, US moves to strengthen Indonesian defence ties

By: Reuters     23rd January 2018 US Defense Secretary Jim Mattis said on Monday he would explore deepening defence ties during a visit to Indonesia, a country that appears increasingly ready to assert its sovereignty in the contested South China Sea. Mattis, ahead of talks in Jakarta, raised the possibility of greater maritime... 

China's proposed dual-credit scheme can reshape the EV market – WoodMac

By: Henry Lazenby     19th January 2018 China's electric vehicles (EV) market has grown exponentially to overtake the US as the world's largest EV market, thanks to heavy government subsidies to spur growth in the emerging automotive sector. However, research and consultancy firm Wood Mackenzie (WoodMac) warns that these subsidies are... 

China's Dec coal output hits 2-year record over firm demand in winter

By: Reuters     18th January 2018 China's December coal output rose from November to hit its highest level since December 2015, as miners boosted output to meet increasing demand after Beijing softened winter coal burning restrictions in northern homes due to gas shortages. The world's biggest coal miner produced 314.87-million... 

China govt curbs drop avg daily steel output to 12-mth low in Dec

By: Reuters     18th January 2018 China's average daily steel output fell 1.9% in December from the previous month, official data showed on Thursday, touching the lowest level in a year as government-imposed production curbs deepened. Total output climbed to 67.05-million tonnes in December from 66.15-million tonnes in November,... 

Australian LNG exports surge on strong Chinese demand

By: Megan van Wyngaardt     16th January 2018 Australian liquefied natural gas (LNG) exports hit 56.8-million tonnes last year, jumping 26.3% from 44.9-million in 2016, owing to a watershed year of exports to China. Combined with higher oil prices, the increase in volumes pushed up Australia’s 2017 LNG export revenue by 44.1% to... 

China's State-owned coal firms target 12.65Mt of capacity cuts – Xinhua

By: Reuters     15th January 2018 China's central government-owned enterprises will target coal capacity cuts of 12.65-million tonnes in 2018, the official Xinhua news agency reported on Monday. The Xinhua report, which followed a meeting of the heads of companies controlled by China's State-owned Assets Supervision and... 

Chinese coal imports rise in Dec on looser customs curbs

By: Reuters     12th January 2018 China's coal imports rose in December from the previous month, as Beijing loosened curbs on shipments brought in through some ports to ease supply shortages of the fuel. Arrivals of coal, which include lignite, reached 22.74-million tonnes last month, up from 22.05-million tonnes in November,... 

World's top commodity engine roars to record with Xi at helm

By: Bloomberg     12th January 2018 China continues to gobble up the world’s commodities, setting new records for consumption of everything from crude oil to soybeans. In a year of flux marked by industrial capacity cuts, environmental curbs and financial deleveraging, demand for raw materials has continued to grow in the world’s... 

South Africa, China celebrate 20 years of diplomatic relations

By: Anine Kilian     8th January 2018 South Africa and China this month celebrate 20 years of formal diplomatic relations. The countries have signed a significant number of bilateral cooperation agreements in areas including trade, investment, economic and people-to-people relations over that period.    The Department of... 

Coal dwarfs battery metals in mining deals despite war on pollution

By: Reuters     8th January 2018 Coal and iron-ore dominated mining takeovers in 2017, Thomson Reuters data shows, with buyers favoring the heavily polluting devil they know over the uncertainties of a battery-powered future. While the biggest deal was in Brazil, China was a top player despite planning to reduce domestic coal... 

China steel futures steady, mill output cuts continue

By: Reuters     12th December 2017 Chinese steel futures held steady on Tuesday, but prices for steelmaking raw material iron ore dropped as steel mills in the world's top producer cut output. China's government has vowed to clear its air, ordering 28 cities to curb industrial production, prompting a shortage of supplies in some... 

World's No 1 miner sees bigger role for carbon-capture systems

By: Bloomberg     7th December 2017 BHP Billiton, the world’s biggest mining company, said wider use of systems that trap carbon emissions will be needed to meet international climate goals, even as investments in the technology stall. “We have knowledge of geology, markets and economics, so there’s probably something we can bring... 

Chinese auto group dips toe in SA’s diesel-taxi waters

By: Irma Venter     1st December 2017 Beijing Automotive Works South Africa (BAW SA) will test a new diesel minibus taxi in the local market through sales at four selected dealers in Johannesburg, Cape Town, Durban and KwaZulu-Natal’s South Coast. Should the market accept the vehicle, availability would grow to most of the 28 BAW... 

BAIC’s investment into South African vehicle assembly project bolstering bilateral investment

By: Anine Kilian     28th November 2017 Chinese vehicle manufacturer Beijing Automotive Group’s (BAIC’s) decision to invest in a vehicle assembly plant, in the Coega Industrial Development Zone (IDZ), near Port Elizabeth, could help drive further investment by Chinese firms in South Africa. This is according to South African Embassy in... 

BHP targets cost cuts; sees upside in copper, steel prices

By: Reuters     28th November 2017 Top global miner BHP Billiton said on Tuesday it will drive further cost cuts across its Australian business, and forecast strong price support from China for steelmaking raw materials. BHP will target $1.6-billion in productivity gains at its Australia iron-ore, copper and coal units over the... 

Ncondezi signs non-binding agreement to develop Mozambique project

By: Anine Kilian     9th November 2017 Aim-listed solar energy equipment supplier Ncondezi Energy has signed a non-binding offer (NBO) with China Machinery Engineering Corporation (CMEC) and General Electric (GE) South Africa to develop, construct and operate the integrated Ncondezi 300 MW coal-fired power project and openpit coal... 

BAW introduces SA assembled diesel taxi

By: Irma Venter     8th November 2017 Beijing Automotive Works South Africa (BAW SA) will test a new diesel minibus taxi in the local market through sales at four selected dealers in Johannesburg, Cape Town, Durban and KwaZulu-Natal’s South Coast. Should the market accept the vehicle, availability would grow to most of the 28 BAW... 

Congo halts Sicomines' copper exports, orders local refining

By: Bloomberg     9th October 2017 The Democratic Republic of Congo ordered Sinohydro Corp. and China Railway Construction Corp.’s local mining venture to stop exporting unprocessed copper and cobalt and refine all its metals within the country. Sicomines must ship “only high-value products” as the government looks to “ensure the... 

Open Mineral Exchange revolutionises commodity trading through innovative online platform 

By: Henry Lazenby     4th October 2017 A group of former traders at commodity giant Glencore has created an innovative new cloud-based mineral exchange to make it easier for producers and users to trade physical commodities – cutting out the often costly middle man. “We are reinventing the industry,” Open Mineral Exchange (OME) COO... 

Government visits China for SEZ study tour

     29th September 2017 Last month, members of the special economic zone (SEZ) advisory board from the Department of Trade and Industry (DTI) visited Beijing, in China, for a week-long study tour.  

TOO MANY BICYCLES IN BEIJING

     29th September 2017 Katie Melua’s ‘Nine Million Bicycles’ song may have been a smash hit globally, but bike-sharing schemes across many Chinese cities have now officially become a national menace. Across Chinese cities, sidewalks are filling up with bicycles, owing to the poor regulation of the popular sharing... 

Rare earth metals electrified by China's illegal mining clean-up

By: Bloomberg     7th September 2017 Rare earths are booming again as a clampdown on wildcat miners in China crimps supply in the world’s biggest producer while the clean energy boom bolsters their use in everything from electric vehicles to wind turbines. Prices for “light” rare earths including neodymium and praseodymium have... 

Higher aluminium prices lift Rusal Q2 core earnings

By: Reuters     25th August 2017 Russian aluminium giant Rusal reported a 48% rise in second-quarter core earnings on Friday due to a higher aluminium price, and pointed to a positive outlook for the second half as supply in China tightens. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to... 

Obscure metal used to fight crusaders has surged 67% in a month

By: Bloomberg     24th August 2017 It’s turning out to be a great year for minor metals. Rechargeable-battery ingredient cobalt has gained 83%, while ruthenium, used in the chemical industry and electronics, is up 63%. The latest star is vanadium, an obscure silvery-grey metal thought to have been used to harden steel as far back... 

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