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

China coal production falls in first 4 months of year
Coal production in China, the world's biggest coal-consuming nation, fell by 6 percent in the first four months of this year as the economy slows and the government makes a concerted push to reduce carbon emissions.

China's aluminum import premiums slip to $130-$150/mt CFR basis
Chinese import premiums for Good Western aluminum slipped further this week to $130-$150/mt CFR plus LME cash, down from $150-$200/mt last week and also from $260-$280/mt in April.

Chine ferrochrome: Domestic spot price wait for steelmakers' June purchase prices
The domestic spot price of 50% Cr Chinese high-carbon ferrochrome was assessed at Yuan 6,350-6,500/mt (equivalent to 78-80 cents/lb) -- including 17% VAT and delivery -- on Wednesday, unchanged from a week ago, as the market waited for major Chinese stainless steelmakers to settle their June purchase prices.

Headlines

· Hottest news review on Chinamining.org in April, 2015

· Gansu signs $2.1b agreements at Production Capability Cooperation

· Gold fund set up for nations along Silk Road

· Copper manufacturers benefit from new technology

· China discovers huge oil deposit

· China coal firms raise prices as summer peak approaches

· Province's new focus for selling iron, steel

· Peru seen as a potential key provider of minerals

Int'l Highlights

· Norway's $900 billion sovereign fund told to reduce coal assets

· Iron ore firm Fortescue soars on China investment talk

· Kazakhstan seeks $3 billion in Chinese loans for copper, aluminium projects

· Oil prices rise amid positive demand forecast

· Tata Steel Thai unit sees return to net profit in 2015/16 on rise in demand, prices

· Mali's mining earnings drop on lower gold production, prices

· Tokyo Gas targets more US shale gas investments

· Oil price drop holds down New Zealand producer prices

Mining Market

· China coal production falls in first 4 months of year

· Chinese April LNG imports reach 1.5 mil mt, significant cuts to Qatar volumes

· China's aluminum import premiums slip to $130-$150/mt CFR basis

· Chine ferrochrome: Domestic spot price wait for steelmakers' June purchase prices

· China's coal production falls 6.1 pct

· China data: Apr crude imports from Mideast rise to record 4 million b/d

· China manganese: Export offers halt downward trend on higher domestic price

· SHFE copper rises despite concerns over China slowdown

New Energy

· Chinese companies eye US wind market

· No new wind projects for areas with much wind power wasting

· Chinese wind earnings under pressure with fifth of farms idle

· China, Russia to cooperate in hydropower development

· Xilingol starts construction for clean energy transmission

· China to further develop shale gas industry

· China renews subsidies for shale gas exploration

· China to become world's second-largest shale gas producer by 2035: BP

Macroeconomic

· China, Chile ink multi-billion-USD currency swap deal

· Profits at China's State firms continue declines

· China not seeking to move outdated capacity abroad: NDRC

· Li urges enhanced industrial investment cooperation with Brazil

· China, Latin America solidify cooperation with premier's visit

· China, Ireland agree to boost cooperation

· China's Jan.-April fixed asset investment up 12 pct

· Country on target to meet its annual energy saving goal

Related industry

· 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

· China fast tracks nationwide rollout of Phase 5 motor gasoil, gasoline to 2017

· Building materials output down

· China to build world's first fourth-generation nuclear power plant

· China's chemical industry's output up 8.8% in Jan-Feb

Investment News

· China's Zijin buys stakes in gold, copper projects

· Zijin to buy DRC stake

· Baosteel's Fortescue Metals Group interest: logic means buy now, build tomorrow

· Chinese firm wins contract to explore coal in East Kenya

· Brazilian mining giant Vale signs MoUs with Chinese firms

· Sinopec, BP sets up marine fuel joint venture

· CNPC signs agreement to develop oilfield in Abu Dhabi

· China, UAE oil firms sign $330 mln worth oilfield development project

Companies News

· Sinopec, PetroChina lower East China ex-works orthoxylene prices by Yuan 350/mt

· China's Liuzhou Steel chairman charged with corruption

· China Molybdenum's 2014 moly oxide sales surge 78%, concs plunge 50% on year

· CNOOC's overseas LNG supply base begins operation

· Enterprise stresses environmental protection

· Steel plant lauded for capacity was never approved

· CNNP share offer approved by CSRC

· Nuclear giant eyes over $2.6 billion from IPO

Policy News

· 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

· China's coal fees cut, tax collected as procedure is streamlined

     
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