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China to Restructure Rare Earth Industry
Feb 1, 2016China is the world's largest producer and exporter of rare-earths. These are elements which are critical to the manufacturing of high-tech products, including smartphones, wind turbines and car batteries, among other things. However, ...
Tags: Rare Earth, smartphones
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Indonesia Plans to Build 14 Dedicated Coal Terminals to Prevent Illegal Coal Exports
Jun 4, 2014Indonesia, the world's largest exporter of thermal coal, plans to build 14 dedicated coal terminals in the islands of Kalimantan and Sumatra in a bid to curb illegal coal exports, a government official said Monday. Around 50 million-60 ...
Tags: thermal coal, coal terminals
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The First Shipment of Iron Ore From Goa Has Made Its Way Onto The Spot Market Tuesday
Apr 10, 2014The first shipment of iron ore from Goa has made its way onto the spot market Tuesday, weeks after the February 17 auction held by the Indian state, following an extended ban on ore exports. Singapore-based trader Unicore Resources ...
Tags: Iron Ore, Goa's mines
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Iron Ore Handling Has Commenced at Mormugao Port in The Indian State of Goa
Apr 4, 2014According to the Indian government's Press Information Bureau (PIB), iron ore handling has commenced at Mormugao Port in the Indian state of Goa with an iron ore shipment of 70,000 mt destined for China, following the easing of the ban by ...
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The World Trade Organization Has Ruled in Favour of The US
Mar 30, 2014The World Trade Organization has ruled in favour of the US, Europe and Japan in a dispute with China over its export restrictions on rare earth. China's rare earth industry – responsible for almost 90% of global output – ...
Tags: Rare Earth, rare earth export
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China's Share in Global Production Has Decreased Steadily in Recent Years
Mar 18, 2014While China continues to be the rare earth industry leader, producing about 92% of the global output, its share in global production has decreased steadily in recent years, a study by Germany's Federal Institute for Geosciences and Natural ...
Tags: Rare Earths, mining, industry leader
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China's Rare Earth Industry Suffered a Sharp Drop in Profits in 2013
Feb 26, 2014China's rare earth industry suffered a sharp drop in profits in 2013 despite modest revenue growth, a report said. Industry revenue was close to 77 billion yuan (12.6 billion US dollars) last year, up 7.9 percent, but profits fell 28.1 ...
Tags: Rare Earth, Mineral
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China Will Make More Efforts to Consolidate The Rare Earth Industry and Promote Mergers
Jan 14, 2014China will make more efforts to consolidate the rare earth industry and promote mergers led by 6 major producers, an official told Xinhua on Thursday. Following restructuring efforts in recent years, the rare earth industry now has six ...
Tags: Rare Earth Industry, Iron, Steel
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Sesa Goa Received Permission From The Monitoring Committee
Dec 31, 2013Indian iron ore producer Sesa Goa has announced that it has received permission from the monitoring committee appointed by India's Supreme Court to resume mining activities at its Karnataka mine. Accordingly, the company has commenced its ...
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Smuggling Case Has Again Raised Concerns About China's Illegal Rare Earth Mining
Dec 25, 2013The recent crackdown on a major rare earth smuggling case has again raised concerns about China's illegal rare earth mining and trading. In November,customs of Baotou City in north China's Inner Mongolia Autonomous Region,the world's ...
Tags: rare earth smuggling, illegal rare earth, rare earth mining and trading
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Chinese Rare Earth Miners Are Being Forced to Phase out Excessive Production Capacity
Dec 24, 2013Chinese rare earth miners are being forced to phase out excessive production capacity as rising overseas suppliers chip away at their dominance in the global market. Russia announced in April its plan to invest $1 billion in rare earth ...
Tags: Rare Earth, Mineral
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Iran's Government Is Considering Imposing a Tax of up to 40 Percent on Iron Ore Exports
May 28, 2013Iran's government is considering imposing a tax of up to 40 percent on iron ore exports to benefit from the increase in iron ore sales to China, according to Reuters. During the first quarter of the current year, Iran's iron ore exports ...
Tags: iron ore, raw mat, China, Iran, Middle East, quotas&duties, trading
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Some Miners in Indonesia's East Kalimantan Region Have Been Deferring Loadings
Apr 8, 2013Some miners in Indonesia's East Kalimantan region have been deferring loadings of thermal coal cargoes by seven to 10 days amid rains, sources said Friday. Several vessels are being diverted to East Kalimantan from South Kalimantan, which ...
Tags: Asia Thermal Coal, Miners, Chemicals
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China's 2013 Rare Earth Mining Target Is Only Half That of 2012, at 46,900 Tons
Apr 1, 2013To prevent an oversupply of rare earth materials, China's 2013 rare earth mining target is only half that of 2012, at 46,900 tons. China's export quota has been around 30,000 tons since 2010 and the actual export volume has been lower due ...
Tags: rare earth mining, rare earth, mining
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Chinese Buyers Remained on The Sidelines
Mar 7, 2013Chinese buyers remained on the sidelines as they continued to scout for thermal coal cargoes at cheaper prices with no rush to conclude deals amid huge stockpiles at ports and power companies, sources said. Despite the lack of demand, ...
Tags: ASIA THERMAL COAL, Bargains, Imported Coal