Niobium sales expected to increase on imports to China
Production of niobium in Brazil will reach 120,000 tpy by 2016, a 33% increase from 2011 levels, according to estimates released by the country’s mining institute, Ibram.
Production of niobium in Brazil will reach 120,000 tpy by 2016, a 33% increase from 2011 levels, according to estimates released by the country’s mining institute, Ibram.
Demand for cobalt raw material in China will be healthy this year as there is “no stock” in the country, according to the head of Jinchuan International’s nickel and cobalt division.
China Minmetals Corporation, a State-owned enterprise, completed its sale of a 2.5 billion yuan ($402.3 million) three-year dim sum bond in Hong Kong Friday, which attracted more than 12 billion yuan in orders and saw strong interest from central banks. http://www.globaltimes.cn/content/770298.shtml#.UU9LTiBzbIU
There’s good news and bad news emerging from China when it comes to nickel production, says a mining analyst with a keen interest in Sudbury as (is) booming in China.
http://www.thesudburystar.com/2013/03/21/there-will-be-more-nickel-needed
VALE chief executive Murilo Ferreira has forecast China’s iron ore demand will keep rising for the next decade as the nation’s urbanisation continues.
Mr Ferreira said China’s iron ore demand could eventually hit 1 billion tonnes on the back of increased steel production.
Companies in Jiangxi province have acquired nearly 60% of the licenses granted for excavating rare earth mines in China, under the Chinese government’s plan to protect the industry and improve the competitiveness of miners, the 21st Century Business Herald reported.
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20130106000126&cid=1102
As more analysts added their voice to the chatter about BHP Billiton divestments, it appears the Big Australian’s WA nickel assets are safe for now.
http://au.news.yahoo.com/thewest/a/-/breaking/15634923/bhp-nickel-assets-safe/