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Hottest news review on Chinamining.org in June, 2014
To review the most popular news and the key events on Chinamining.org in June, 2014? Please click here.

China aluminum: ADC12 spot offers slip on thin trade, weak buying
Offers for Chinese domestic spot aluminum alloy ADC12 slipped Tuesday in thin trade with little physical buying interest during the current summer lull, industry sources said.

China allows 3 more banks including StanChart to import gold -sources
China has allowed three more banks, including a foreign lender, to import gold, sources with direct knowledge of the matter said, as the world's top gold buyer gears up for its strongest effort yet to gain pricing power of the metal.

China's July coal output declines on year, but rises on month to 301 mil mt
China's July coal production fell year on year but rose slightly from June on improved sales amid higher air-conditioning demand, Fenwei Energy reported, citing the latest official data released on Friday.

Headlines

· Hottest news review on Chinamining.org in June, 2014

· China Plan to Cut Wholesale Power Price May Help Coal Producers

· Qingdao Port sued by metal firm

· Rare earth alliance to take on Hitachi

· China's Jiangxi province finds 154,968 mt copper, silver reserves

· China's demand for overseas crude to expand this year

· China should take cues from rare-earth ruling

· Beijing cuts coal use by 7 pct in H1 in anti-smog push

Int'l Highlights

· Mexico environment official says mining company lied about chemical spill into rivers

· India's Q1 gold jewellery exports up 23%, even as global falls

· JSW Steel to acquire Welspun Maxsteel for R1,000 crore

· Rio Tinto weighs stake in closed Papua New Guinea copper mine

· Australia miner Oz says copper find could reap billions in revenue

· Indian steel industry on the rebound

· Australia's Newcrest sees gold output flat at best in FY2015

· Crude prices plummet on easing geopolitical risks

Mining Market

· Shanghai copper edges lower towards key chart level

· China aluminum: ADC12 spot offers slip on thin trade, weak buying

· China cuts retail oil prices

· China's July refined copper output jumps 19% on year to 634,000 mt

· China's July coal output declines on year, but rises on month to 301 mil mt

· Coal prices set to stay low on mainland China for next 12 months

· China's refined copper output up, aluminium at record

· China may cut oil price on crude retreat

New Energy

· Beijing-Tianjin-Hebei region to harness offshore wind power

· Hanergy buys US developer of solar cells

· Guizhou gets approval to explore shale gas

· China adds 3.32 GW of solar capacity in H1

· China adds 3.32 GW of solar capacity in H1

· China finds shale gas challenging, halves 2020 output target

· New-energy vehicles exempted from tax

· China sets solar power target for 2014

Macroeconomic

· China allows 3 more banks including StanChart to import gold -sources

· Xi's Mongolia visit will upgrade links between countries

· China's FDI inflows falter again in July

· Xi's upcoming visit to further ties: Mongolian lawmaker

· China's GDP growth eases in July

· China's fixed asset investment rises 17 pct in July

· Energy and mining giants push up China's M&A deals in July

· China orders factory safety overhaul

Related industry

· China's building materials industry's profit up 21.8% in H1 to RMB 141 bln

· China's power consumption up 3% in Jul to 509.7 TWh

· China's jet fuel demand growth to hold steady

· China's cement output up 3.6% in H1 to 1.14 bln tons

· China's chemical industry's output up 11.1% in H1

· China's wind power output up 8.8% in H1 to 76.7 TW-h

· China's building materials sector continues to slow

· Additional funds for new-energy vehicles from 2016

Investment News

· China's Zijin Mining looks to purchase gold projects in Africa

· China Molybdenum looks for more overseas mining acquisitions

· Warburg, Baosteel agree deal

· CNPC completes Iraq pipeline despite strife

· Sinopec gets refinery contract

· PNG nickel mine reopens after rioting

· China's PNG nickel mine shutdown unlikely to impact 2014 output

· China's MCC shuts Ramu nickel mine in PNG after attacks

Companies News

· China Hongqiao secures term shipments to replace Indonesia bauxite - CEO

· China Coal Energy's output drops 0.7% in Jul to 10.17 mln tons

· PetroChina reviews multi-billion-dollar LNG push

· Zijin Mining not optimistic on gold and copper prices

· CNPC facing court case over $1.2b

· China Molybdenum Posts 66% Growth in H1 Profit; Northparkes Mine Contributes Greatly

· China's Baosteel keeps stainless coil export prices flat

· Sinopec to mix oil and water at Easy Joy locations

Policy News

· China bans high-ash coal

· China to roll out policies to cut coal output - media

· China to end imported steel tax policy

· Rare earth quotas, tariffs 'set to end'

· China to change coal tax to price basis this year: Tax chief

· China scraps tariffs on oil exploration facilities

· China's commerce ministry to weigh in on global mergers with new rules

· China's coal tax reform on track

     
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