互联网收集(Internet Sources)

Completion of Tunnel 4 Marks Major Progress in World’s Largest Magnesium Alloy Production Base Project in Anhui

After 376 days of construction, the No. 4 tunnel of Anhui Baomag’s mineral transport corridor project has been successfully completed on July 26, marking significant progress in the construction of the world’s largest magnesium alloy production base. This milestone brings Anhui Baomag closer to becoming the world’s largest, most advanced, and most comprehensive magnesium alloy […]

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Codelco to Await Feasibility Study on El Abra Copper Mine Expansion Project

According to mining website reports citing Reuters, Maximo Pacheco, chairman of Chile’s state-owned copper company Codelco, stated on Wednesday that the company will wait for the feasibility study on the expansion of the El Abra copper mine before assessing financing strategies. The American mining company Freeport-McMoRan, which owns 51% of the mine, plans to invest

Codelco to Await Feasibility Study on El Abra Copper Mine Expansion Project Read More »

Saudi Arabia to Issue Five New Exploration Licenses for Largest Mineralized Zone, Rich in Gold, Silver, Copper, and Zinc

Saudi Arabia has opened its largest mineralized zone to date, covering an area of 4,788 square kilometers, and will issue five new exploration licenses. This accelerates the exploration and development of Saudi Arabia’s mineral resources, valued at 9.3 trillion riyals (approximately $2.4 trillion). According to a statement from the Ministry of Industry and Mineral Resources,

Saudi Arabia to Issue Five New Exploration Licenses for Largest Mineralized Zone, Rich in Gold, Silver, Copper, and Zinc Read More »

Germany’s Scholz to Discuss Key Raw Materials in Serbia Visit

According to Reuters, a German government spokesperson stated that German Chancellor Olaf Scholz will visit Serbia on July 19 and hold talks with Serbian President Aleksandar Vucic. Key raw material supplies will be an important theme of this visit. Scholz, along with European Commission Vice President Maros Sefcovic, will attend a key raw materials summit

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Hybrid Vehicle Sales Surge Boosts Demand, Leading to a Significant Increase in Investment in This Precious Metal!

According to media reports, investors are pouring money into platinum-related funds at the fastest pace in four years, betting on renewed interest in hybrid vehicles and solid demand for traditional internal combustion engine cars. Data shows that in the second quarter, holdings in physical platinum-backed exchange-traded funds (ETFs) surged by about 444,000 ounces, equivalent to

Hybrid Vehicle Sales Surge Boosts Demand, Leading to a Significant Increase in Investment in This Precious Metal! Read More »

General Administration of Customs: China’s Total Goods Trade Imports and Exports Value Increased by 6.1% Year-on-Year in the First Half of the Year, Reaching a New Record High with Continuous Positive Quarterly Trends.

In the first half of this year, under the strong leadership of the CPC Central Committee with Comrade Xi Jinping at the core, China adhered to the general principle of pursuing progress while ensuring stability, fully, accurately, and comprehensively implemented the new development concept, accelerated the construction of a new development pattern, and solidly promoted

General Administration of Customs: China’s Total Goods Trade Imports and Exports Value Increased by 6.1% Year-on-Year in the First Half of the Year, Reaching a New Record High with Continuous Positive Quarterly Trends. Read More »

Shipping Prices Soar 343%: Red Sea Crisis Triggers Major Shakeup in Global Shipping Market

In the second quarter, which is typically a low season for the international shipping market, an unusual phenomenon occurred. Due to the ongoing Red Sea crisis, global container shipping prices soared, greatly impacting the futures market. The main futures contract of the Shanghai Shipping Exchange Containerized Freight Index (European Line) has increased by 343.79% year-to-date,

Shipping Prices Soar 343%: Red Sea Crisis Triggers Major Shakeup in Global Shipping Market Read More »

High Gold Prices Threaten Demand? This Major Consumer’s Appetite is Impacted

After rising more than 1% on Wednesday, the spot gold price returned to around $2,360 per ounce, with a year-to-date increase of 14%. Yesterday, the World Gold Council (WGC) stated in its “2024 Mid-Year Outlook Report” that gold has performed very well year-to-date, outperforming most major asset classes. However, for the second half of the

High Gold Prices Threaten Demand? This Major Consumer’s Appetite is Impacted Read More »

Southern Copper to Restart Peru’s Tia Maria Mine Project on Monday, Expected to Produce 120,000 Tons of Copper Annually

Southern Copper, a subsidiary of Grupo Mexico, announced that it will restart the Tia Maria mine project in Peru’s Islay province on Monday. The project had been on hold for years due to environmental concerns from local communities. An internal document released by Grupo Mexico and Southern Copper on Friday informed employees to commence work

Southern Copper to Restart Peru’s Tia Maria Mine Project on Monday, Expected to Produce 120,000 Tons of Copper Annually Read More »

Uzbekistan’s AGMK to Invest $15 Billion to Increase Electrolytic Copper Production

Uzbekistan copper producer AGMK announced on Thursday that it plans to invest $15 billion in expansion to increase its electrolytic copper production from the current 148,000 tons per year to 400,000 tons by 2030. On May 20, copper prices for the power and construction industries hit a historic high of $11,104.50 due to speculative buying

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