CHINA – POLITICS AND GOVERNMENT

Miners tipping China’s winter halts to ease

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Original article by Peter Ker, Brad Thompson, Mike Smith
The Australian Financial Review – Page: 15 & 20 : 28-Oct-19

Fortescue Metals Group COO Greg Lilleyman says China’s annual winter shutdown of industries such as steel-making is likely to have less impact on commodity prices than in recent years. He adds that it is hard to predict the extent of the shutdowns, given that much of the responsibility for implementing the policy to improve air quality has been delegated to provincial governments. South32 CEO Graham Kerr says that some winter production cuts are likely, but he adds that China is also likely to prioritise economic growth.

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG, SOUTH32 LIMITED – ASX S32, WOOD MACKENZIE

Our miracle delivers Aussie dream: China

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Original article by Ben Packham
The Australian – Page: 1 & 4 : 1-Oct-19

China’s ambassador to Australia, Cheng ­Jingye, says China does not want to dominate the world, but to build a better life for its citizens. Speaking on the eve of the 70th anniversary of China’s communist revolution, Cheng said that although China is now the world’s second biggest economy, it could be another 30 years before it can regarded as developed. He says Australia would do well to remember that it has China to thank for its economic success, and that there needs to be greater mutual respect between the two countries.

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China: iron ore import prices too high

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Original article by Michael Smith
The Australian Financial Review – Page: 13 & 16 : 8-Jul-19

The price of iron ore for delivery to China recently peaked at $US126 per tonne. However, the iron ore price retreated on 5 July after the Chinese government indicated that it could intervene after the nation’s steel mills claimed that futures traders are manipulating the iron ore market. The China Iron & Steel Association’s vice-president Qu Xiuli is said to have indicated that the government intends to address ‘irregularities’ that have been identified by the nation’s steel makers. The reports prompted a sharp fall in the share prices of BHP and Rio Tinto.

CORPORATES
CHINA IRON AND STEEL ASSOCIATION, BHP GROUP LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG, MYSTEEL.COM LIMITED, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE

Rare Earths Battle Looms as U.S. Aims to Counter China Export Threat

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Original article by
Bloomberg – Page: Online : 6-Jun-19

The US-China trade war may escalate after China’s National Development & Reform Commission signalled that it will look at imposing export controls on rare earths. The US Commerce Department has responded by releasing a report which outlines a range of options to ensure continued supply of rare earths minerals, which are used in many consumer goods. China accounts for more than 70 per cent of global production of rare earths.

CORPORATES
CHINA. NATIONAL DEVELOPMENT AND REFORM COMMISSION, UNITED STATES. DEPT OF COMMERCE, CITIGROUP INCORPORATED, MP MATERIALS, LYNAS CORPORATION LIMITED – ASX LYC, CHINA RARE EARTH HOLDINGS LIMITED, CHINA NORTHERN RARE EARTH GROUP HIGH-TECH COMPANY LIMITED, JL MAG RARE-EARTH COMPANY LIMITED

Palmer urges firmer action against China over coal tests

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Original article by Peter Ker
The Australian Financial Review – Page: 13 & 18 : 13-Jul-15

China recently increased stricter standards for coal imports, and is now testing shipments for the presence of trace elements such as fluorine, arsenic and mercury. China has already rejected at least one coal shipment from Australia, and federal MP Clive Palmer says Australia should impose a tariff on iron ore exports to China in response to the new testing regime. Meanwhile, there is speculation that Canada will take the matter to the World Trade Organization.

CORPORATES
WORLD TRADE ORGANIZATION, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, CHINA. MINISTRY OF COMMERCE, CANADA. DEPT OF FOREIGN AFFAIRS, TRADE AND DEVELOPMENT, ANGLO AMERICAN COAL, WARATAH COAL INCORPORATED, CITIGROUP INCORPORATED

Vale China deal puts Rio, BHP on notice

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Original article by Angus Grigg
The Australian Financial Review – Page: 23 : 17-Feb-15

China will provide the 400,000-tonne Valemax-class iron ore transport ships with access to its ports, overturning a ban that has been in place for three years. China Metallurgical Industry Planning Association chairman Li Xingchuang says the move is likely to boost the market share of Brazil’s Vale. Macquarie Group’s Graeme Train adds that Vale could also overtake BHP Billiton and Rio Tinto as the world’s lowest-cost producer of iron ore

CORPORATES
BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, VALE SA, MACQUARIE GROUP LIMITED – ASX MQG, CHINA. MINISTRY OF TRANSPORTATION AND COMMUNICATIONS, CHINA METALLURGICAL INDUSTRY PLANNING ASSOCIATION, CHINA OCEAN SHIPPING COMPANY, CMES