NATURAL RESOURCES News April 2021 Anglo American demerger Anglo American is set to demerge its South African coal assets as a result of increased investor pressure in respect of these polluting resources. Anglo American plans to transfer its South African thermal coal...
NATURAL RESOURCES News March 2021 China’s import from Myanmar falls amid unrest According to customs data, China’s imports of copper metal and tin ore from Myanmar fell more than 25% year-on-year in January and February of 2021 due to the unrest. Myanmar accounts for...
NATURAL RESOURCES News March 2021 Price of iron ore drops with China’s pollution crackdown According to S&P Global Platts, the price of iron ore has dropped to US$167.37 after there are indications that the Chinese authorities, including the Ministry of Industry...
NATURAL RESOURCES News March 2021 Australian spend on mineral exploration hits seven-year high According to the annual Australia’s Identified Mineral Resources report (AIMR), the Australian expenditure on mineral exploration increased by 21% to more than $2.6 billion...
NATURAL RESOURCES News March 2021 China’s aluminium production rises China’s primary aluminium output was 6.45 million tonnes in January and February of 2021, which indicates an 8.4% rise compared with the same period last year. According to CRU, such increase in...
NATURAL RESOURCES News March 2021 China repurpsoies infrastructure loans with Bangladesh According to the Financial Times, China’s embassy to Bangladesh wrote to the local authority of Bangladesh informing that China would not consider further projects with high...
NATURAL RESOURCES News March 2021 APAC accounts of 60% of total stone mining and quarrying market According to the Business Research Company’s recent report, Asia Pacific is the largest region in the global stone mining and quarrying marketing (comprising 58.5 percent...
NATURAL RESOURCES News March 2021 Global mining cross-border M&A deals worth US$7.7 billion in Q4 2020 According to analysis by GlobalData, cross border M&A deals in the mining industry totalled US$7.7 billion were announced in Q4 2020, bringing the total...
NATURAL RESOURCES News March 2021 Copper prices to hit record high It is projected that copper prices will surge to an all-time high over the next 12 months owing to strong demand from China’s clean energy drive and years of under-investment in global mine supply....
NATURAL RESOURCES News March 2021 Yansteel-Sheffield JV YGH Australia (Yansteel), a subsidiary of Tangsteel (one of the largest steel manufacturing state-owned enterprises in China) and ASX-listed Sheffield Resources have commenced their joint venture (known as...
