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Aluminum stockpiles surge 30% as growth decelerates

Aluminum inventories in China, the largest user, rebounded 30 percent in the past three weeks and analysts expect further increases as physical trading has slowed along with the nation’s economic…

Baotou Rare Earth shares plunge

The share price of Baotou Steel Rare-Earth Hi-tech Company, China’s leading rare earth producer, plunged after it announced that its rare earth refineries would suspend production for one month as…

Imported iron ore stocks fall in China

Inventories of China’s iron ore at 25 major ports dipped 0.12 percent week-on-week to 93.07 million metric tons in the week ending Oct 17, according to the Xinhua-China Iron Ore…

Suspension set to make rare earths even rarer

China’s biggest producer of rare earths is set to impose a temporary suspension of production at its processing plants. Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-Tech Co, the country’s biggest…

Vale lowers Q4 iron ore price

Iron ore producer Vale SA has decided to lower the price of fourth-quarter iron ore orders from Chinese steel mills due to the falling spot price, according to an insider…

Chinalco looks to list Peru mine in $1b HK IPO

Aluminum Corp of China (Chinalco), the country’s top aluminium producer, is looking to list its Peruvian copper mining assets in Hong Kong in a deal that could raise up to…