Construction work is tentatively due to start on a dual-gauge rail line between China and the Republic of Mongolia. Reports indicate that the rail line will increase coking coal transport by up to 30%. Current estimates say the project will begin in April, with completion scheduled for 2028. Avoid reactive purchasing metal in uncertain demand […]
Tag: China
Rare Earths MMI: Rare Earths Market Rattled by Myanmar Earthquake and Tariffs
The Rare Earths MMI (Monthly Metals Index) moved sideways, edging up by a slight 1.82%. The global rare earth market has taken a significant hit lately, thanks to a combination of natural disasters and big geopolitical moves. A strong earthquake in Myanmar and the recent wave of U.S. tariffs have thrown this somewhat delicate industry […]
The Global Copper Race Heats Up: India Moves into Zambia’s Mining Sector
Much like neighboring China has been doing for decades, India is now making inroads into the African continent to mine copper reserves, among other mineral assets. It is a move that is sure to shake up the already-competitive international copper market, where multiple nations continue to show significantly increased interest in Africa. Staring in the face […]
Chinese Agency Admits Rare Earth Rule May End, Will the U.S. Seize the Throne?
A rare earth metals report by none other than a state-backed research institute is not only likely to unsettle the Chinese authorities, it has also come as a bolt out of the blue for the rest of the world. A report by the Chinese Academy of Sciences released a few days ago said China’s dominance […]
Aluminum Trade War Heats Up: How Will China and India React to U.S. Tariffs?
The world now waits to see how two aluminum market leaders, China and India, will react to U.S. President Donald Trump’s imposition of 25% tariffs on metal imports. Between them, these two nations produce about 50 million metric tons (MT) of aluminum yearly. However, China significantly outpaces India, alone producing about 43 MT per year. […]
China Slams the Brakes on Steel: What This Means for Global Markets
It was an intervention that was the subject of rumors, and now it’s coming true. China, the world’s largest steelmaker and consumer, recently announced it would be “restructuring” its steel industry through cuts in crude steel output, a move many analysts and experts call China “protecting its own turf.” Stay up to date on changes […]
Rare Earths MMI: Oval Office Blowout: Will the Ukrainian Rare Earths Deal Still Happen?
The Rare Earths MMI (Monthly Metals Index) experienced a spike in price action month-over-month, rising by 7.4%. The recent tariffs on China, the top global supplier of rare earths, caused a short-term upward trend for many of the elements in the index. Meanwhile, Ukraine’s mineral reserves have attracted considerable international attention, particularly from President Trump. […]
War, Politics and Minerals: How Ukraine’s Rare Earths Became a Global Battleground
Today’s global rare earths supply chain is lopsided, with only a few nations, helmed by China, firmly in control of production and processing. Now, rapidly unfolding developments involving the United States, Ukraine and Russia could introduce a new dimension to this otherwise highly imbalanced supply chain. Subscribe to MetalMiner’s weekly newsletter and conquer metal market […]
Are Trump’s Tariffs Causing a Global Metal Market Earthquake?
The so-called “Trump Tariffs” have shaken things up for metal traders worldwide. At least three countries in the Asia Pacific region will see significant impacts from U.S. President Donald Trump’s 25% tariff imposition on steel and aluminum. In addition to increasing the rate to 25% from the previous 10%, President Trump also removed exemptions and […]
China Puts the Brakes on Copper Smelters. Will It Ease the Industry’s Supply Strain?
Throughout 2024, China worked to control its rapidly growing copper smelters, which were lowering profit margins amid a bustling copper market. In response, China has released new, more stringent regulations for the construction of new copper smelters. The move aims to keep excess capacity in check. However, it’s a slowdown rather than a complete halt […]
