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Hottest news review on Chinamining.org in June, 2014
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Company plans $2.8b smelter facility
China's Tsingshan Group plans to invest $2.8 billion to set up a high-capacity ferro-nickel smelter plant in Indonesia by mid-2017, with the aim of producing 2 million tons of stainless steel per year.

Iron ore mine support in 2015
China will see less iron ore mine closures in 2015 thanks to government support to the industry, which has been suffering from low prices, global rating agency Fitch said Friday.

CNOOC Q1 sales revenue down 40 pct on falling prices
Sales revenue of China National Offshore Oil Corp. (CNOOC) went down 39.9 percent to 35.5 billion yuan ($5.8 billion) in the first quarter, the company said on Friday.

Steel mills backed by falling iron ore prices
Plunging iron ore prices are providing a lifeline for some of China's biggest steel mills, but raising the prospect of a rising tide of exports and increased friction with the EU and countries such as India.

Today's headlines

· China detains gangs accused of smuggling 440,000 tonnes of oil

· China's coal imports decline by 42 percent

· Black coal's green development

· Early to talk about Russia-China western route gas contract signing in May ---- Kremlin

Int'l Highlights

· Uganda may not meet 2018 target for oil output start: central bank

· Global refined cobalt supply in 2014 up 6.8% on year at 91,754 mt: CDI

· After Q1 profit jump, POSCO says rivals' exports to squeeze steel prices

· BHP defers 2017 iron ore production boost, costs fall


· China Mining 2011

· China Mining 2010

· 2010 Iron Ore Price Talks

· China Mining 2009

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