Resistance forces take control of China-backed nickel mine in northern Myanmar ... took control of a major Chinese-backed nickel-mining project in the country's north late last month, a spokesperson for the NUG has confirmed. ... China-owned company wins contract to expand Shwe gas project off Myanmar's west coast. July 24, 2024 ...
Located in Central Peru at an average elevation of 4,600 meters, the Toromocho Project is one of the largest copper mines in the world, and the first greenfield copper mine developed by a Chinese corporation abroad. It is owned by Minera Chinalco Peru S.A., a subsidiary of the state-owned Aluminum Corporation of China (Chinalco). Starting from 2020, …
In November 2021, Shengxin Lithium Energy acquired a 51% stake in Max Mind, and its subsidiary Zimbabwe Sun Company owns the mining warrants for a total of 40 rare metal blocks located in the Sabi Star lithium tantalum mine project …
The unconfirmed suspensions could cut some 8%, or around 5,000-6,000 metric tons, of China's monthly LCE production. Lithium miner stocks soar as CATL adjusts output at key mine - MINING
FILE - Tiehm's buckwheat grows in a greenhouse in Gardnerville, Nevada, Tuesday, May 21, 2024. The endangered desert wildflower stands in the way of a mining company's plans to dig for lithium to help speed production of batteries for electric cars and other green energy projects. (AP Photo/Scott Sonner, File)
Baowu bought an undisclosed stake from Winning Consortium Simandou, which owns the two northern blocks of the project, the Chinese steel mill said in a statement on Thursday. The consortium...
In the framework of the Mbalam-Nabeba iron ore development project, Cameroon's National Mining Company (Sonamines) will be in charge of the mining ... It will make due diligence to set up a consortium, possibly with Chinese firms Yiantian Port, China Railways Corporation Co (CRCC), Metallurgical Construction Corporation (MCC), China Baowu ...
In addition to holding stakes in assets located in Australia, Mexico and Ireland, Ganfeng operates one spodumene mining project in China. Last month, Ganfeng Lithium signed a new joint venture agreement with Bacanora …
The company expects to generate an estimated $125 million in wages annually during the life of the mine and is investing in the community through future job training …
The company logo of Zijin Mining Group Co Ltd, China's biggest listed gold producer, is displayed at a news conference following its annual results in Hong Kong, China March 29, 2016.
Among the more significant investments was the $227 million acquisition by the Jinchuan Group and the China-Africa Development Fund of a 45% stake in Wesizwe Platinum, a junior mining company. At the time of the acquisition, the Chinese investors also helped raise a $650 million project finance facility to develop Wesizwe's Frischgewagde mine.
Chinese miners Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co. are defying low lithium prices to develop a deposit of the battery metal with a Zimbabwean …
Prices for the battery material will likely pick up slowly in the next year before recovering strongly from 2026 and 2027 as production surpluses give way to deficits, Barnard said.
China has found a major uranium deposit in Ordos region of Inner Mongolia holding an estimated 30,000 tonnes of the metal, state television reported on Saturday (Dec. 4). (Reuters Dec. 4, 2010) Sichuan Province Dringwa mine project, Dzögé County, …
The company operates two producing mines in China: the CSH Gold Mine in Inner Mongolia Region, and the Jiama Copper-Polymetallic Mine in Tibet Region.
Ioneer Ltd.'s Rhyolite Ridge Lithium-Boron Project in Nevada has received its federal permit from the Bureau of Land Management, according to a company statement Oct. 24.
Chinese construction companies will invest up to $7 billion in infrastructure projects as part of an agreement over their Sicomines copper and cobalt joint venture in the Democratic Republic of ...
China's impact on Africa's mining industry Why Africa? For China, a country importing roughly $4bn worth of minerals, ores, and metals every month according to data from Trading Economics, African investment is a bit of a no brainer. For starters, China is generating massive, massive demand for metallic and mineral goods.
The controlling shareholder of the company is China Nonferrous Metal Mining Group Co., Ltd. (hereinafter referred to as "China Nonferrous Metal Group"). It is a large central (Chinese state-owned) enterprise directly under the State-owned Assets Supervision and Administration Commission (direct management). It is engaged in the development of non …
Democratic Republic of Congo's (DRC's) State-owned miner has submitted a bid for Chemaf Resources' unit in the country, months after saying it intended to block a previous deal to sell the ...
Myanmar Wanbao Mining Company Ltd., Yangon Office 70 (I) Bo Chein Street Pyay Road, Hlaing Township Yangon, Myanmar Tel +951 654757, 507239: Funding sources: Wanbao Mining Company which runs the mineral …
Chinese miners have announced a flurry of deals in South America and Africa. On July 11, Ganfeng Lithium, which supplies Tesla, disclosed that it has agreed to acquire Argentina-focused mining group Lithea …
Zambia plans to establish an investment company that will control at least 30% of critical minerals production from future mines. Mines Minister Paul Kabuswe unveiled a strategy on Thursday that ...
Ioneer received final federal approval for a lithium mining project in rural Nevada, part of the Biden administration's effort to boost domestic production of a mineral critical for electric ...
In January 2023, Bolivia announced a $1bn project with CATL, China's largest battery manufacturer, and major mining company China Molybdenum. In April 2023, China's …
The two firms own a 74 per cent stake in Bikita Minerals, whose major asset is the Bikita lithium mine project in Zimbabwe. The acquisition however is still to be subject to the review of the governments of China, Mauritius, and Zimbabwe, Sinomine added, noting that once the internal restructuring and share repurchase of Bikita Minerals is ...
Chinese mining giants join forces with Zimbabwe on lithium mining project Chinese mining companies are moving forward with developing a lithium deposit in Zimbabwe. Despite a sharp decline in lithium prices, the companies are conducting a feasibility study for a mine and processing plant at Sandawana.
Major Chinese copper and gold producer Zijin Mining Group said a slowing global economy, geopolitical tensions, and resource nationalism could restrict its overseas deal-making ambitions. Net ...
Zijin Mining completed the acquisition of a 60% interest in the Bisha copper-zinc mine in 2019. Currently, it holds a 55% interest in the project, while the Eritrean National Mining Corporation(ENAMCO) holds the remaining 45%.
Chinese companies own or otherwise have significantly invested in six of 16 active lithium mining projects in Argentina, including four of the six most developed projects. Investment in these mines helps to further cement the People's Republic of China's dominance and control over the lithium industry, a mineral critical for the green-energy transition, particularly in the …
China Hyway Group Limited was incorporated in Hong Kong in 2008 with a registered capital of HK$1.5 billion. It is a diversified international group company engaging in construction, contracting, trading, logistics, energy, minerals, comprehensive agriculture and …
To grow its economic strength, China aims to become a global leader in exploiting these minerals to develop renewable energy sources. 14 To extract these minerals, Chinese state-owned companies have been recruiting Tibetan laborers, including herders and farmers, into industrial-sector jobs. 15 The recruitment of farmers and herders is usually referred to as "rural …
The Algerian firms will own 56% of the new company while the Chinese companies will own the remaining 44% stake. Said to be the country's first integrated project in the field of mining and fertiliser production, the PPI …
Construction of the mine is expected to employ about 500 workers, with about 350 full-time employees when the mine is fully operational — a boon for tiny Esmeralda County with a population of ...
China Baowu Steel Group has completed its purchase of a stake in the Simandou project in Guinea, as China's top steelmaker looks to expand its interest in the world's largest untapped iron ore ...
China Mining Energy Group is set to embark on a copper mining venture in the Chust district of Uzbekistan's Namangan region. The partnership is poised to inject 121 billion sum ($9.5 million) into the project, boosting its budget …
The US Geological Survey says China produces 98% of the world's gallium and 60% of its germanium. Both are used to make semiconductor chips, which power the world's …
Here are some of the largest Chinese mining companies. Note that the stocks of these companies trade on the Hong Kong Stock Exchange or the Shanghai Stock Exchange. Despite a slowing economy and...
