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Most popular news from Chinamining.org in March, 2016
To review the most popular news in China's mining industry in March, 2016

Inner Mongolia coal output in sharp decline
China's second-largest coal-producing region, Inner Mongolia, saw a 16.8-percent decline in coal output in the first four months of the year as it pushed forward supply-side reform.

China not encouraging mass steel exports: association
China does not seek to boost steel exports, a Chinese association said on Tuesday in an attempt to mitigate worries that the country is dumping its steel products to ease a domestic supply glut.

Many steel plants back at work
Several underperforming domestic steel mills have resumed operation after prices increased over the past month, experts said on Sunday, noting that most of those mills are not "zombie" companies.


· Most popular news from Chinamining.org in March, 2016

· China not encouraging mass steel exports: association

· US investigations of Chinese mills imprudent, protectionism the problem: MOFCOM

· Many steel plants back at work

· Washington's protectionism not cure for steel woes but to hurt manufacturing

· President offers to help Mozambique

· China resumes environmental approval of coal-to-gas projects

· 27.6 bln yuan allocated to resettle redundant steel, coal workers

Int'l Highlights

· Israel's gov't approves deal to develop gas field

· Aussie steel producer increases profit guidance, sights improved market conditions

· Russia wants to bypass Ukraine, Slovakia with gas supplies: expert

· Australia faces competition from Malaysia, Guinea as key bauxite supplier to China

· Zimbabwe gold output surges in Q1

· Chile's Q1 coal imports soar 71% on year to 2.884 mil mt

· Low oil prices hold down New Zealand manufacturing costs

· Oil prices hold near 2016 highs on supply disruptions, despite rising inventories

Mining Market

· Inner Mongolia coal output in sharp decline

· Steel, iron ore fall to 12-week lows

· Russian oil exports to China hit record high in April

· China's May iron ore imports stay robust, majors squeeze rivals: Russell

· China's April coal offtake from Australian Port Waratah terminals surges 43% on month

· China's CISA calls for iron ore miners to focus on long term co-survival with steel mills

· China seeks coal production capacity cuts by state-owned companies

· China's coastal freights rise in week to May 17

New Energy

· China's thermal power overcapacity likely to worsen: Fitch

· China's newly added solar power capacity rise 52%

· Kenya to construct power lines to increase renewable energy output

· ABB eyes opportunities in China's clean-energy drive

· Chinese tech firm leads Ghana's solar energy breakthrough

· Make wind power pledges more than hot air

· China's shale gas market defies global trends, sees increased output

· Shale gas output soars in nation as govt aims to improve energy structure


· Chinese premier meets Mozambican president

· China's strategic economic planning worth studying in LatAm, says ECLAC

· Northwestern China introduces Belt and Road initiative to Italy

· China's investment boosts Peru's GDP: Peruvian PM

· China's economic reform expected to slow energy demand

· China reports less production accidents in Q1

· Economic Watch: China eyes more say in global gold pricing with new benchmark

· Chinese provinces' energy intensity on the decline

Related industry

· Chinese construction industry expects sluggish growth: Moody's

· China's CRRC wins Pakistani cargo train deal

· Cambodian, Chinese firms sign MoU on chemical fertilizer plant

· China-funded power transmission lines inaugurated in southern Cambodia

· Chinese power plant replaces coal with straw

· China's largest cement maker sees profit slump

· Ship recyclers' revenue slips as scrap-steel prices plunge

· Hebei to close more polluting firms

Investment News

· China Molybdenum plans to raise $2.8b

· China's 1st overseas alumina oxide project starts operation

· China-built thermal power plant in BiH begins test run

· Hongqiao starts China's first overseas alumina production in Indonesia

· Chinese metal miner steps up overseas buying

· Papua New Guinea copper mine cost rises, GRAM says

· CNPC, ENH to Cooperate on Oil & Gas Projects in Mozambique

· Iran fields to be developed by Sinopec, CNPC

Companies News

· China Sinopec to triple Chongqing shale gas capacity to 15 Bcm/year by 2020

· CNPC and Chongqing Municipal Government sign strategic cooperation agreement

· Baosteel urges US regulator to reject complaint

· Chinese coal giant's emissions to fall after upgrades

· New Sinopec Group exec

· Minmetals appointment

· China's Magang cuts ferrous scrap buying price $5/mt

· China top coal producer reports less profits in Q1

Policy News

· China to boost resource tax reform

· China to simplify approval process for gold imports, exports

· China central bank releases priorities for 2016

· Incentives offered for Chinese mining companies who want to upgrade

· China bans imports of DPRK raw minerals, aviation fuel exports

· China issues additional export quotas for special metals in 2016

· China to levy anti-dumping duties on imports of acrylic fibers, steel

· Steelmakers' dilemma: To keep plants running or cut losses

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