Search results: China

Premier African Minerals will start shipping spodumene concentrate from its Zulu lithium mine in Zimbabwe to China by March 2023 after signing an offtake deal with Suzhou TA&A Ultra Clean Technology Co, chief executive George Roach...

The iron ore price rose on Thursday after China’s central bank said it would take monetary policy steps to help businesses hit by the covid-19 outbreak and support a recovery in consumption. Returning from a five-day Labour Day break,...

RioZim, which had been banking on Chinese financing to build a major coal-fired power plant, says it is now looking for alternative backers as China pulls back on funding such projects overseas.The effort by RioZim, one...

LAW firms from around the world are advising as Chinese company Zhejiang Huayou Cobalt acquires Arcadia Lithium Mine in Zimbabwe, majority-owned by Australian-based Prospect Resources, in a deal worth $422 million. Prospect says the transaction highlights the...

CHINESE authorities have aggressively waded into the standoff between Beijing’s companies operating in Zimbabwe and the “superfluous” non-governmental organisations, boasting that without the world power’s investments, Harare would be “candle lit” and struggling without internet.China has...

THE Chinese embassy in Zimbabwe has claimed that some unnamed Western media outlets were on a smear campaign to discredit its investments.This follows media coverage of various incidents involving relocation of locals in areas where Chinese...

President of the People's Republic of China Xi Jinping yesterday pledged to end all coal-fired power projects abroad.Shantel Tyne ChisangoThe Republic of China has been investing in coal-fired power projects in Zimbabwe, the Lusulu 1 Binga...

The Iron ore price rebounded on Tuesday from a seven-month low after data showed China’s imports in August picked up for the first time in five months, rising 10.1% over July. China imported iron ore worth a...

Iron ore’s rapid retreat in recent weeks shows once again that price pullbacks can be as disorderly as the exuberance of rallies, before the fundamentals of supply and demand reassert themselves.Depending on which price for the steel-making ingredient...

Copper prices jumped on Monday as floods in China sparked demand hopes at a time when inventories are falling. Copper for delivery in September rose 4.5% from Friday’s settlement price, touching $4.602 per pound ($10,120 per tonne)...

China’s major copper smelters lowered production in June by 3.6% from the previous month due to seasonal maintenance, state-backed research house Antaike said on Monday. Copper for delivery in September fell 0.5% from Friday’s settlement price, touching $4.321 per...

Iron ore prices continued surging on Monday, propelled by recovering global steel demand. According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China were changing hands for $217.85 a tonne on Monday, up 1.4% from Friday’s...