China insight

Masteel Group expects an annual net profit in 2020 about 1.979 billion yuan

The net profit attributable to shareholders of listed companies after deducting non recurring profit and loss is about 1.418 billion yuan

Monday, February 1, 2021

Europe, China coal demand supports Russian exports

Russian coal exports were practically flat on the year in 2020, as strong July-December demand offset a weak first half.

Monday, February 1, 2021

Contango progresses with activities at Zimbabwe project

London-listed Contango Holdings has continued to advance the Lubu coking coal project, in Zimbabwe.

Monday, February 1, 2021

Drive towards carbon neutrality must be done holistically, says Glencore exec

Given the global nature of production and consumption, there is a need to think about one's carbon footprint in a holistic way and companies pursuing a transition strategy should undertake this in a way that includes vulnerable people.

Monday, February 1, 2021

Kyrgyzstan bans foreign companies from future mining projects

Kyrgyzstan on Friday banned foreign companies from future large mining projects, although existing licences are unaffected, in the first major order by its new president.

Monday, February 1, 2021

Development diversified to reduce emphasis on coal

The four traditional economic pillars of coal mining, coking, metallurgy and coal-fired electricity generation are the major battlefields for this transformation

Monday, February 1, 2021

China's imports of iron ore from Russia increased significantly last year

China's imports of bulk commodities such as oil, gas and iron ore from Russia increased significantly last year.

Monday, February 1, 2021

ArcelorMittal to restart blast furnace No.2

ArcelorMittal to restart blast furnace No.2.

Friday, January 29, 2021
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