China insight

Saudi Aramco, Baosteel, PIF sign agreement on new steel plate manufacturing complex

The complex is expected to advance the regional steel industry ecosystem with an estimated annual production capacity of up to 1.5 million tons.

Saturday, May 6, 2023

Implats says metal output “at lower end” as loses refining capacity to Eskom curtailments

IMPALA Platinum (Implats) said refined platinum group metal (PGM) production would come in at the lower end of its three to 3.15 million ounce forecast for the 2023 financial year ended June 30 largely owing to power interruptions.

Saturday, May 6, 2023

India's Britannia Industries Q4 profit tops view on strong demand

Indian bread and biscuits maker Britannia Industries Ltd on Friday reported a bigger-than-expected 47% jump in quarterly profit as strong demand and past price hikes helped expand margins.

Saturday, May 6, 2023

Wyloo extends offer period of Mincor takeover

Mining exploration company Wyloo Metals has extended the offer period for its on-market takeover bid for all of nickel producer Mincor Resources' shares.

Thursday, May 4, 2023

China speeds up digital, green transformation in coal industry

Thanks to the digitization of the coal industry, miners no longer need to enter the deep mineshafts via walking or riding an outdated small train.

Thursday, May 4, 2023

Higher CPI, lower PPI require nuanced understanding

From the perspective of policy measures, the immediate task is to boost confidence of market entities rather than implement a strong stimulus.

Thursday, May 4, 2023

China's industrial capacity utilization rate at 74.3% in Q1

The figure dropped by 1.4 percentage points from the previous quarter, according to the National Bureau of Statistics.

Thursday, May 4, 2023

Q1 coal import surge unlikely to continue

Renewable energy use, low season, curbs on inflows, green drive factors.

Thursday, May 4, 2023
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