Coal India May Miss Annual Output Goal for FY 18

Coal India Limited (CIL), the largest coal miner in India, produced 54.63 million tonnes of coal in December 2017, falling short of a predetermined target of 58.89 million tonnes, the company said in a...

Australia Expects Iron Ore Price to Fall 20 Percent in 2018

At the beginning of a new year, Australia released its forecast on iron ore prices this year, which is expected to average $51.50 a ton, down 20 percent from 2017, due to climbing global supply...

Oil Rises in 2018 after OPEC Deal on Output Cuts

After major oil producers announced to extend output cuts in October, industry analysts have raised their forecasts for the crude price of the coming 2018. Led by Russia, OPEC members and other oil export countries...

Ford CEO: China Will Take the Lead in Electric Vehicle Area

Electric vehicle has emerged in the auto industry these years as it is a typical case which takes advantages of new energy. UBS's latest global auto survey predicts that “one in five cars sold...

First Chinese Pear Debuts in Chile

Chile is well known for its agricultural products. Agricultural export has been a key diver of Chile’s economy, the export volume of Chile reached $58.5B in 2016, making it the 35th largest exporter in...

India Government Unlikely to Scrap Customs Duty on Import of Solar Panels

India government rejected requests from the Ministry of New and Renewable Energy (MNRE) to cancel tariffs on solar panels imposed last year, according to the minutes of a meeting held earlier this month. Therefore,...

Chile’s Copper Output to Increase 13.9% In Next Decade

As the world’s largest copper-producing country, Chile is expected to see an increase of 13.9 percent in copper production by 2028 from the levels in 2016, as the newly-launched mining projects and expansion of the original...

China’s Secondary Aluminum Demand to Boost

China's infrastructure investment has grew 20% year-on-year to 12.67 trillion yuan for the first 11 months of this year, according to the latest data from the National Bureau of Statistics. The increased infrastructure investment...

Chile will Increase Copper Production by 20% in Next 10 Years

Chile is world's largest copper producer with world-class mining infrastructures and operations technologies. Although the price of copper experienced a continuous decline during 2013 to 2015 period, which led to corporate cost-cutting and dampened...

China’s Jan-Oct silicon exports see remarkable growth

During January-November 2017, China's silicon metal production amounted to nearly 2.19 million tons, an increase of 6.2% over the same period of last year. It was estimated that China will produce a total of...

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EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese...