BEIJING -- China's production of 10 major non-ferrous metals rose 3.1 percent year-on-year to 34.6 million tons in the first seven months of 2020, official data showed.
China's non-ferrous metal output grows 3.1% from Jan to July
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Inner Mongolia North Heavy Industries Group Co Ltd (NHL), a major Chinese mining truck manufacturer, rolled the first of 28 units of its 360-metric-ton carrying capacity electric mining trucks off the production line last week for an Australian client.
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Shanghai gold futures close higher
SHANGHAI - Gold futures closed higher Wednesday in daytime trading on the Shanghai Futures Exchange.
The most active gold contract for December 2020 delivery jumped up 12.38 yuan ($1.77) to close at 444.06 yuan a gram.
The total trading volume for eight listed gold futures contracts on the exchange was 431,476 lots, with a turnover of about 189.46 billion yuan.
China launched gold futures in January 2008.
Aussie mining giant BHP posts record iron ore output on strong Chinese demand
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Demand for copper and cobalt set to see rapid growth
China's "new infrastructure" construction plan, particularly charging piles for new energy vehicles, 5G base stations, ultrahigh voltage power and intercity high-speed railways, may boost demand for metals like copper and cobalt, industry experts said.
Thermal coal options trading launched in China's Zhengzhou
ZHENGZHOU - Thermal coal options started trading on the Zhengzhou Commodity Exchange (ZCE) in central China's Henan province Tuesday.
It is the sixth option issued by ZCE, which launched thermal coal futures trading in September 2013.
Chalco to source bauxite from Africa
Move of central SOE to ensure supply of raw materials amid COVID pandemic and further increase self-sufficiency
Aluminum Corporation of China Ltd (Chalco), a centrally administered State-owned enterprise, is set to send its first shipment from a bauxite mine in Boffa, Guinea soon, the company told China Daily in a written statement.
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