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China has established Guangyan International Investment Company, working under the National Development and Reform Commission, to strengthen state oversight of overseas mineral deals and help Chinese miners manage rising geopolitical and producer-nation risks, as Western countries push alternative supply chains for critical minerals.
PBoC steps up gold buying, China exports fill Western metal gapsThe People's Bank of China bought 15 t of gold in June, its largest monthly addition since October 2023, lifting reserves to 2 346 t, according to Heraeus Precious Metals. Meanwhile Chinese aluminium semi-manufactured exports rose 10% in the first five months of the year as Western smelters battled supply shocks linked to the Iran war, and Chinese firms continue expanding smelting capacity in Indonesia.
IMF lifts China growth forecast, flags weaker gold ETF demandThe International Monetary Fund raised its 2026 China growth forecast to 4.6% after a strong first quarter, with 2027 growth expected at 4.1%. Separately, the World Gold Council reports Chinese gold ETFs saw their largest monthly outflow on record in June as improving equity markets and lower gold prices reduced demand, though Asia still posted record first-half inflows.
China Updates
Aim-listed Kodal Minerals has reported that the spodumene production result for the second quarter ended June 30 was below management’s budget, mainly owing to maintenance and breakdown issues with...
Shanghai Platinum Week 2026 has served to highlight that platinum group metals (PGMs) are fundamentally key to the delivery of China’s 15th Five-Year Plan to 2030. China has earmarked close to...
A Malaysian parliamentary group is scrutinizing ASX-listed Lynas Rare Earths' agreement to supply rare earths to the US, as lawmakers weigh implications for the nation’s foreign policy and...
The US will hit Brazil with new 25% duties on its furniture, ethanol, machinery, footwear, sugar and other goods such as pig iron and mining equipment, launching a new wave of tariffs that could...
If the US and Iran do not increase oil flowing through the Strait of Hormuz soon, the world should worry about energy security, International Energy Agency (IEA) executive director Fatih Birol said...
China said on Friday it firmly opposes and strongly disapproves of Britain's decision to nationalise British Steel and urged fair treatment for Chinese firms there. Britain nationalised British...
Record global electricity demand last year was met entirely by low-carbon sources, resulting in fossil fuels generation being substituted rather than supplemented, the Energy Institute’s...
Minerals Council South Africa economist André Lourens notes that the country's mining output contracted the first time in five months in May, which "proved particularly challenging on two fronts"....
The route between Cape Town International Airport (CTIA) and Johannesburg’s OR Tambo International Airport (ORTIA) was the busiest airport pair connection in Africa last year. This is one of the...
There are significant opportunities to develop component manufacturing in Africa to supply vehicle manufacturers, and each country can play a role in the automotive value chain, industry...
China's Zijin has started exporting lithium concentrate from its Manono project in Democratic Republic of Congo, five sources familiar with the matter have told Reuters. "Exports started in June as...
US-based, vertically integrated producer of advanced materials and critical mineral solutions Ionic Mineral Technologies (Ionic MT) has announced the results of an independent preliminary economic...
Chrome is a growing value contributor to the revenue base of Sibanye-Stillwater’s South Africa platinum group metals (PGM) portfolio, delivering margins, resilience and project support. Chrome has...
Pakistan has pledged extra security for its largest operating Chinese-run copper and gold mine after the operator warned that worsening militant violence could force it to halt production within a...
A worsening Ebola outbreak in the Democratic Republic of Congo (DRC) is disrupting travel and delaying meetings tied to a US-backed critical minerals partnership aimed at loosening China's hold on...
US-based private marine technology and deep-sea mining company Impossible Metals has announced its plans to open a new Advanced Marine Robotics Hub, in Pittsburgh, which will serve as a centre to...
Export Finance Australia (EFA) added 40 staff in the financial year to June, as the government-backed agency builds up critical minerals expertise to deliver an A$1.2-billion ($840-million)...
Oil prices rose on Tuesday to their highest in four weeks, as the US reimposed a naval blockade of Iran and renewed attacks between Washington and Tehran heightened concerns over energy flows...
Industrial chemicals wholesaler US Vanadium has been awarded the single-largest contract in the company's history by the US Defence Logistics Agency's strategic materials team, to supply...
Northern Minerals said on Tuesday that Australian Treasurer Jim Chalmers has ordered three offshore investment firms, including Hong Kong Ying Tak, to refrain from exercising their voting rights in...
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