The collapse of a planned $19.5 billion equity tie-up between Chinese state-owned aluminium giant Chinalco and Anglo-Australian miner Rio Tinto will not harm Chinese-Australian commercial and trade relations, a Ministry of Commerce spokesman said on Monday. Rio walked away from the deal with Chinalco earlier this month and instead proposed a $116 billion [...]

The Ministry of Environmental Protection has decided to suspend approval for steel projects in Shandong with immediate effect for their violation of regulations on the environmental protection.
These projects include hot rolled sheet/strip technical reforms belonging to Rizhao Iron and Steel and a five million t/y steel plant at Weifang Iron and Steel.
They failed [...]

China’s top aluminum producer Chinalco, parent of Chalco, said it is still considering participating in Rio Tinto’s USD15.2 billion share placement, and no decision has been made.
     Chinalco is mulling plans for joining Rio’s rights issue but hasn’t made the final decision, the company president Xiong Weiping said Thursday at his first news briefing [...]

In view of the rebounded nickel price, it is marked to see how the production of nickel contained pig iron in China moves. The quantity of nickel ore stocked at wharves in Chinese ports as of the end of 2008 was estimated to be 8 million tonnes but the above stocks of nickel ore are [...]

The imports of molybdenum into China in April of 2009 were known and still indicated the high level. The total quantity of main three molybdenum products imported by China in January to April of 2009 came to 21,975 tonnes, corresponding to 27.2 million pounds on Mo content base.
For a reference, China imported 2,160 tonnes [...]

According to Mr Pu Hongjiu the chairman of China’s Coal Industry Association, with so much exclamation 16 years ago relevant government officials were picturing a large scale coal base somewhere in China’s eastern coastal areas and today which is 16 year’s later.
He said that "I’m so glad to see this dream that had been [...]

Urumqi, the capital of Xinjiang Uygur autonomous region has become a vanguard in the national strategy to develop western China.
The capital composed of eight districts and one county has a population of 3 million people and 47 ethnic groups living in its 14,200 sq km area.
Local statistics show Urumqi’s GDP reached 102 billion [...]