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Hottest news review on Chinamining.org in June, 2014
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Top aluminum producer Chalco incurs huge loss in H1
The Aluminum Corporation of China Ltd. (Chalco), the country's largest smelter of the industrial metal, posted a first-half net loss of 4.123 billion yuan (669 million U.S. dollars), a staggering increase of 3.53 billion yuan from a year earlier.

Import license to private firm signals further opening
China's Guanghui Energy announced on Thursday that it has received a crude oil import license from the government, becoming one of only a few private firms to win the sought-after license as the country slowly loosens its grip on the State-controlled market.

PetroChina sees 4% growth in H1 net profit to RMB 68.12 bln
PetroChina Co Ltd, China's largest oil producer, has announced that its net profit grew 4% year on year to RMB 68.12 billion in the first half of this year.

China ex-works Henan alumina prices edge higher to Yuan 2,510/mt
China spot alumina price ex-works Henan basis firmed another Yuan 20/mt ($3.24) Thursday to settle at Yuan 2,510/mt for 70:30 cash and credit payment terms, after rising Yuan 20/mt Wednesday from Yuan 2,470/mt Tuesday.

Today's headlines

· Shanxi Coal fires off $137 million in lawsuits over Qingdao port scandal

· Weak demand for refined oil, gas hits CNOOC, PetroChina

· Chinas iron ore miners in do-or-die battle

· More lenders get green light to import gold

Int'l Highlights

· Thailand's July crude, condensate imports rise 5% on year to 666,591 b/d

· Japan's August gasoline demand falls 5% on year despite peak driving season: JX

· Glencore in talks to mine huge Australian bauxite deposit

· India to turn big importer of iron ore in FY15

Specials

· China Mining 2011

· China Mining 2010

· 2010 Iron Ore Price Talks

· China Mining 2009

     
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