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Top news review on Chinamining.org in May, 2015
To review the most popular news and the key events on Chinamining.org in May, 2015? Please click here.

China oil output set to rise from 2014 record
China's crude oil output looks set to rise this year from a record in 2014 as new production from third largest producer Cnooc helps to counter reductions from its two bigger rivals.

Vale-designed megaship docks in Qingdao after China lifts ban
A huge iron-ore carrier designed by Brazilian mining company Vale anchored at a port in East China over the weekend, local media reported, signifying that the country's bulk shipping industry has entered the era of megaships.

Iron ore price fall a sign China's economic might waning
Iron ore prices dropped to the lowest in more than two months, sending shivers through the mining industry and heightening worries that Chinese economic activity is slowing just as ore piles up at its ports.

Headlines

· Top news review on Chinamining.org in May, 2015

· Vale-designed megaship docks in Qingdao after China lifts ban

· Shanghai oil & gas exchange starts operations

· China to lift ban on entry of miner Vale's mega-ships

· China, France pledge closer cooperation in civil nuclear energy

· Exchange for piped gas and LNG opens

· Construction of China-Russia gas project strengthens energy ties

· Fueling growth across Papua New Guinea

Int'l Highlights

· BP may be takeover target after settling oil spill for US$18.7b

· Australia seeks answers after China rejects coal cargoes

· Iraq's oil export in June reaches highest level in decades

· Russia halts gas delivery to Ukraine over pricing disputes

· Chile copper output rises 2.1 pct in May

· Germany to shut down coal-fired plants, extend power grid: sources

· World's first diamond exchange to be launched in Singapore

· Iraq's oil export in June reaches highest level in decades

Mining Market

· China oil output set to rise from 2014 record

· Copper futures mixed on fallout from European debt crisis

· Iron ore price fall a sign China's economic might waning

· China's crude steel output down 1.7% in May to 69.95 mln tons

· Apparent oil need up as demand grows

· Shanghai rebar futures hit record low as spot drags

· China's demand for Australian thermal coal down 31% on year in fiscal 2015

· China's 10 nonferrous metal output up 8.74% in Jan-May to 20.7 mln tons

New Energy

· Study: Nation first in new renewable power installations

· U.S. Energy Secretary praises U.S.-China clean energy cooperation

· Chinese solar company bucks trend offering favorable working environment

· China electricity giant starts building new hydropower stations

· China nuclear power giant surges 44% on stock debut in biggest IPO in 4 years

· Over 200 Chinese solar energy companies show on Intersolar Europe exhibition

· Qingdao to build provincial largest wind field

· Interview: Encouraging achievements made on Sino-U.S. clean energy cooperation: Chinese minister

Macroeconomic

· Chinese banks lend more to green sector

· China on bold move to build low-carbon energy system

· China's sustainable energy competitiveness tops global ranking

· Shanghai's energy-saving measures pay off

· Chinese investment in Canada rising

· N China looks to wind power for winter heating

· Bank of China becomes 1st Asian bank to directly participate in gold auction

· China's energy output expected to grow in 2015: report

Related industry

· China's cement output down 5.1% to 857.3 mln tons in Jan-May

· China's chemical industry's value added output up 9.1% in May

· China's shipbuilding industry's gross output up 5.5% in Jan-May to RMB 163 bln

· China's new energy car output soars 3 times in May

· China's nuclear power capacity to reach 30m kilowatts by year end

· China's April power consumption up 1.3 pct

· China's chemical industry's value added output up 9.1% in Q1

· China's building materials industry's profit up 2.1% in Q1 to RMB 85.61 bln

Investment News

· Chinese firm to construct first wind power in Djibouti

· Chinese joint venture builds nickel smelter in Morowali

· Zijin Mining Group targets gold miner in Australia in M&A spree

· Pakistan approves construction of 1400MW coal-based power project

· Chinese energy giant helps Ghana develop oil, gas industry

· Shell bolsters business with new Shanghai center

· Chinese company to build world's first tidal energy plant in Britain

· Zhaojin to spend US$299 on newly acquired mine

Companies News

· CNOOC's new production to lift nation's crude oil output from last year's record

· China Shenhua Energy's coal output down 9.9 percent in January-May

· China's Baoshan cuts steel prices for July as demand weakens

· China's top coal firms dismiss merger rumors

· Merger rumor boosts coal firms' shares

· China's Shagang, Dongfang cut ferrous scrap buying prices

· CNNC lists on Shanghai Stock Exchange

· Vital Materials to set up R&D unit in France

Policy News

· China's removal of molybdenum export tax boosts moly metal, scrap trade

· China reforms resource tax for rare earths

· China to adjust resource tax and fees

· China's molybdenum export tax removal to overshadow Japanese term talks

· China to scrap rare-earth export tariff

· Iron mining taxes to be reduced by 60 percent

· China lowers iron ore resource tax to 40 percent

· Environment tax law on fast track

     
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