China expected to control nearly one third of world’s lithium supply by 2025 – research

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East China’s Jiangxi province, a major rare-earths production base, will step up crackdown on illegal mining of strategic minerals such as lithium and rare earths in a special action that will run through the end of Oct 2023.
China’s coal imports in the first two months of 2023 surged 71% from a low base a year earlier amid stock replenishment on expected of rising demand after the country ended its zero-COVID policies.
China’s average price of battery-grade lithium carbonate fell by 1,500 yuan to 366,000.0 yuan/ton on Tuesday, hitting a new low of more than one year and falling for 27 consecutive days, according to data from consultancy Shanghai Metals Market.
China’s coal imports in the first two months of 2023 surged 71% from a low base a year earlier amid stock replenishment on expected of rising demand after the country ended its zero-COVID policies.
China will strengthen monitoring of changes in key international and domestic commodity markets and important consumer goods markets, increase the supply of important consumer goods and stablize prices.
China’s National Mine Safety Supervision Bureau kicked off special safety production rectification for open-pit mines that are in normal production, under construction,
Chinese coal miner Yankuang Energy said its operating income is expected to reach 203.18 billion yuan in 2022, an increase of 33.68% from a year earlier.
Shares of China National Offshore Oil Corporation (CNOOC) gains 3.5% to close at HK$11.98, marking a new record high. Sinopec gain 3.5%
Shares of Chinese coal companies slide across the board in the A-share market, with Shanxi Coking Coal sliding 5.3% as of 10:40
Yunnan province, a major aluminium production hub in China, has completed the second round of production curbs on electrolytic aluminium companies in six months.
The first shipment of Australian coking coal is set to arrive at a southern Chinese port on Wednesday night following breakthrough trade talks between the two countries this week.
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China’s most-traded fuel oil futures contract on the Shanghai Futures Exchange, for May delivery, tumbled 5.1% to close at 2,606 yuan per tonne.
Chinese aluminium producers are trading lower, with China Nonferrous Metal Industry’s Foreign Engineering And Construction Co.,Ltd sliding nearly 4% in Shanghai, as of 10:30 am local time, Yunan Aluminium down more than 2%, Shandong Nanshan Aluminium down 1%.
Global gold demand hit highest in a decade in 2022, boosted by soaring purchases from central banks and other investors seeking shelter
China’s coal imports from Russia fell in December amid logistics issues and weaker demand amid COVID outbreaks. Some 6.89 million tonnes of
Saudi Arabia remained the top oil suppliers to China followed by Russia, as Chinese refiners snapped up low-cost Russian supplies while Western
China’s coal imports from Russia fell in December amid logistics issues and weaker demand amid COVID outbreaks. Some 6.89 million tonnes of
China’s total crude oil and natural gas imports fell 2.6% in 2022 from the previous year, while the average import price jumped by more than 40% after the Russia-Ukraine tensions drove up international energy prices.
China’s annual coal imports declined in 2022 for the first time since 2016 and import volume hit the lowest since 2019 amid rising domestic coal production and surging coal prices overseas.
CNOOC, China’s largest state-owned offshore oil driller, said it aims to achieve a record production of 650 – 660 million barrels of oil equivalent (boe) in 2023, with domestic production to account for 70% and overseas production 30%, according to a filing to the Hong Kong Stock Exchange outlining its annual strategic outlook.
China’s crude steel output is estimated to have reached 1.01 billion tonnes in 2022, falling by 2.2% from the previous year, said
Russian President Vladimir Putin said that Russia had become one of China’s leading suppliers of oil and gas, with 13.8 billion cubic metres of gas shipped to China via the Power of Siberia pipeline in the first 11 months of 2022.
China’s annual coal consumption is expected to reach a peak of 4.08 billion tonnes in 2024, accounting for 50% of the country’s total primary energy mix, according to a report released by a research institute of China’s energy giant Sinopec Group.
China’s silicon wafer prices tumbled this week, with the prices of M6 and M10 monocrystalline silicon wafer sliding 15% – 20% from previous week, according to an industry association.
Tianqi Lithium slid as much as 5.8% in Hong Kong, before paring loss to 4.6%, while its Shenzhen-traded shares are sliding nearly 4% down.
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