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Chinese regulators approve Sinopec’s plan for grassroots refinery

NATURAL RESOURCES Newsletter-Issue 018 February 2015 Chinese regulators approve Sinopec’s plan for grassroots refinery Download PDF China’s National Development and Reform Commission (NDRC) has approved plans by Sinopec Beijing Yanshan Petrochemical Co. Ltd., a...

China scraps decade-old rare earths export quotas

NATURAL RESOURCES Newsletter-Issue 016 January 2015 China scraps decade-old rare earths export quotas Download PDF On 31 December 2014 the Chinese Ministry of Commerce announced details of its plan to replace the controversial quota system regulating the export of...

HKEx Group and China Merchants Group signed MOU

NATURAL RESOURCES Newsletter-Issue 015 January 2015 HKEx Group and China Merchants Group signed MOU Download PDF On 22 October 2014, Hong Kong Exchanges and Clearing Ltd (HKEx), the London Metal Exchange (LME), LME Clear Ltd, China Merchants Group Ltd (CMG) and China...

LME “Ring” to remain open beyond 2015

NATURAL RESOURCES Newsletter-Issue 014 July 2014 LME “Ring” to remain open beyond 2015 Download PDF On 23 June 2014, following a six month review and consultation period, the London Metal Exchange (LME) announced it plans to maintain and further invest in...

Baosteel faces competition in bid for Aquila Resources

NATURAL RESOURCES Newsletter-Issue 013 June 2014 Baosteel faces competition in bid for Aquila Resources Download PDF Baosteel Resources Australia Ltd (Baosteel) has announced they will not improve their US$1.3 billion takeover bid for Australian explorer Aquila...

HKEX to launch its first asia commodities contracts

NATURAL RESOURCES Newsletter-Issue 012 May 2014 HKEX to launch its first asia commodities contracts Download PDF Hong Kong Exchanges and Clearing Limited (HKEx) have announced that it plans to launch its commodities business with four futures contracts that will be...

Rio Tinto walks away from massive pebble copper-gold project

NATURAL RESOURCES Newsletter-Issue 011 April 2014 Rio Tinto walks away from massive pebble copper-gold project Download PDF Rio Tinto (Rio) has announced that it is pulling out of the Pebble Mine copper and gold project in the Bristol Bay region of Alaska. The project...

Glencore in Talks on Russneft Debt-for-Equity Deal

NATURAL RESOURCES Newsletter-Issue 010 March 2014 Glencore in Talks on Russneft Debt-for-Equity Deal Download PDF Glencore Xstrata PLC (Glencore) is in talks to convert US$900m of debt in Russian oil producer RussNeft OAO NK (RussNeft) into an equity stake of...

SouthGobi’s 2013 coal output more than doubles

NATURAL RESOURCES Newsletter-Issue 009 February 2014 SouthGobi’s 2013 coal output more than doubles Download PDF Hong Kong listed SouthGobi Resources Ltd (SouthGobi) more than doubled its coal production in 2013 after the resumption of its Mongolian operations....