— Blocks 3 and 4 are being developed by the Simfer consortium of Rio Tinto and China's Chalco Iron Ore Holdings (CIOH). The latter is 75% owned by the Aluminium Corporation of China (Chinalco), with Baowu Steel Group (20%), China Railway Construction Corporation (2.5%) and China Harbour Engineering Company (2.5%) …
China is the world's largest importer of iron ore, with imports exceeding 917 million tons in the first 10 months of 2022. China's major steelmaker Ansteel broke ground on a 22.9 …
— 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.
— 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 outbound mining mergers and acquisitions activity has risen significantly over the past 10 years, reaching $7.13 billion in 2019. Interest in cobalt and …
— For the White House, tackling Chinese dominance is a strategic priority: China is home to 70 per cent of rare earths mining and 90 per cent of processing capacity, according to the International ...
— Beyond its status as Lithium Americas' largest shareholder, Ganfeng has a tight relationship with China's state-owned banks, which helped the company fund mining projects in South America and ...
— China's JCHX is best known as a global mining contractor and services provider to operations like Kamoa-Kakula and Konkola but is rapidly increasingly its influence in Africa as a copper mine in its own right. ... the company will own 80% of the Lubambe copper mine with the Zambian Government retaining its 20% stake. ... it can …
— KAZ Minerals to sell 19.4% stake in Koksay copper project to China's NFC. Image: KAZ Minerals owns and operates the Bozshakol copper mine along with the Aktogay and Koksay copper mines in …
— 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 ...
— Copper production from the mine commenced in December 2013, followed by zinc production in October 2016 after the completion of the zinc expansion project. In 2019, Zijin Mining acquired Nevsun …
— The acquisition in Zambia comes a few months after Chinese company MMG, backed by state-owned mining giant China Minmetals Corporation, bought Botswana's Khoemacau copper mine for about …
— The Gaocheng mine is an operating silver-zinc-lead underground mine in Guandong province, China. Canadian precious metals mining company Silvercorp Metals owns a 95% interest in the property …
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%.
— The Bayan Obo mine located in the Inner Mongolia region of China is the world's biggest rare earth element (REE) mine both by recoverable reserves and production. It accounts for more than 40% of …
— Namibian state mining company, Epangelo Mining, owns 10% of the Husab project while Chinese state-owned China Guangdong Nuclear Power Holding Corp. is a major owner with 90% interest.
— Maine has a restrictive mining law passed in 2017, which forbids open pit mines of more than 1.2 hectares. Wolfden is the first mining company to apply for re-zoning of its landholding under this law.
— Zijin Mining is a China-based multinational mining company. It engages in the exploration, mining, and smelting processing of gold, copper, zinc, and other metal mineral resources.
— A site close to Kruger National Park in South Africa is becoming a testing ground for US attempts to fight China's global dominance in critical minerals. Washington has committed to finance a...
Swakop Uranium – moving towards a world-class Namibian uranium mining company . Swakop Uranium (SU) is a partnership between the Republic of Namibia and the People's Republic of China of which 10% is held by the Namibian State owned Epangelo Mining Company and 90% by Taurus Minerals Limited, jointly owned by China General Nuclear …
— Canada has begun supplying the world with minerals critical to a greener economy with the country's first rare earth mine, Nechalacho Mine located in N.W.T., delivering concentrated ore.
— China's Sinomine Resource Group on Friday launched a $200 million project to build a plant and expand existing mining operations at its recently acquired Bikita lithium mine in Zimbabwe.
— Chinese companies (red on map) have invested significantly in both domestic and international mine projects. Map shows mine location and headquarters …
Our Story Founded in 2009, MMG's vision is to create a leading international mining company for a low carbon future. We mine to create wealth for our people, host communities and shareholders with an ambition to grow and diversify our resource, production and value, by leveraging Chinese and International expertise. We are guided …
— 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 ...
— China Baowu Steel Group (Baowu) has raked in CNY10bn ($1.4bn) through a bond issue, a major chunk of which will be used to fund the Simandou iron ore project in Guinea, according to a Reuters report. ... Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up …
China Shenhua is an integrated energy company that operates primarily through its coal division. The company operates several coal mines and is involved in the production and transportation of coal and coal products. In the first quarter of 2023, China Shenhua continued to show strong financial performance. The company's …
— RENO, Nev. (AP) — President Joe Biden's administration has conditionally agreed to loan more than $2 billion to the company building a controversial lithium mine in Nevada with the largest known U.S. deposit of the metal critical to making batteries for electric vehicles key to his renewable energy agenda.. The U.S Energy Department …
— 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 ...
— Over and above direct foreign investment in mining projects around the world China, has splashed more than $16 billion on buying overseas copper companies and assets since 2010.
— A Chinese state-owned company has controlled a lead and zinc mine in Duddar in Pakistan's Balochistan Province since 2014. The mine gives steady work to some locals, paying around $100 a month, which is good for the impoverished area. Other residents just feel exploited.
— The world's biggest mining project, a $20bn iron ore, rail and port development in a remote corner of west Africa, is expected to start this year after a 27-year wait beset by setbacks, scandals ...
