Yunnan Copper Released notice on Nov.22nd, saying the company and its subsidiaries have attained 85.6678 million yuan government grants related to earnings from January to October 2017.
Zhuzhou Smelting Group released notice on Nov.20th, the company plans to construct a zinc smelting project of annual capacity of 300,000 tonnes in Hengyang City.
Li Guohong, general manager of Shandong Gold Group says the company plans to produce over 55 tonnes gold every year in 2020.
As per data from Barclays Bank, surge of raw materials price leads to investment volume of bulk commodities firstly breaking $300 billion since 2013.
Zhang Bo, CEO of China HOngqiao Group says, because of China’s supply-side reform, the company has closed all aluminium plants required by local governments.
In the latest Fortune Top 500 Rankings, the company ranks at 120th with the 1st in the metals industry.
Poland Copper said on Wednesday, the company lowers capital investment to 510 million złoty with previous estimation of 1020 million.
Schvartsman, CEO of VALE said, despite the prospect that rechargeable battery of electric cars may stimulate nickel demand, VALE is not going to add investment on nickel operation.
Kobe Steel said on 15th, a copper pipe product of its subordinate Kobe Steel Copper Pipe Company was cancelled Japan Industrial Standard (JIS) certificate.
Zhang Bo, CEO of China Hongqiao Group says the company has closed all aluminium plants as per requirement of local government.
Nickel supply and demand is balanced this year, and the price is estimated to go up next year.
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