Short news minerals
November 21, 2013 Category Automotive Metals & Minerals, Short news minerals
- Inner Mongolia produced 1.08 billion metric tons of raw coal in 2012, and its total proven coal reserves were more than 808 billion tons by the end of 2011, according to statistics from the regional Bureau of Land and Resources. Four of China’s five biggest open-pit coal mines are located in Inner Mongolia: Jungar in Ordos, Yimin River in Hulunbuir, Yuanbaoshan in Chifeng, and Horin River in Tongliao. The odd man out is located in Pingshuo in Shanxi province.
- China’s iron ore price will continue to drop in the fourth quarter of this year amid a fall in demand. Demand usually shrinks in the fourth quarter, and the corresponding slack season for steel production may bring a short-term recession in demand for iron ore, according to a report in the Shanghai Securities News. The domestic demand for iron ore rose in the first three quarters.
Recent News
- KURT VANDEPUTTE (UMICORE) APPOINTED CHAIRMAN OF THE BOARD OF THE FLANDERS-CHINA CHAMBER OF COMMERCE (FCCC)
- Webinar: “Knowing Your Chinese Partner” – May 26, 2021, 10 am – 12 am
- EMA starts rolling review of CoronaVac, WHO approves Sinopharm vaccine for emergency use
- The Global Times warns not to politicize the Comprehensive Agreement on Investment (CAI)
- Hainan to become biggest duty-free market in the world