Bloomberg reported that this year, Erdenes Tavan Tolgoi LLC will start mining the West Tsankhi coal area, located in Mongolia, in order to get out of debt and pay off Aluminum Corporation of China Ltd. (NYSE:ACH).
Bloomberg reported that China has suspended production at all Sichuan coal mines following a May 11 explosion that killed 28 workers and injured 18 others. The stoppages are not likely to affect coal prices nationwide.
Bloomberg reported that state-owned China Resources (Holdings) Company Ltd. plans to integrate China Resources Power Holdings Company Ltd. (HKEX:0836) and China Resources Gas Group Ltd. (HKEX:1193) by having China Resources Power acquire China Resources Gas. The move is part of a planned shift away from coal.
Nemaska Lithium's president and CEO, Guy Bourassa, discusses the Whabouchi deposit and the emerging market of lithium hydroxide for the rechargeable battery industry.
Bloomberg reported that West Texas Intermediate oil slipped 1 cent as data from Europe and China showed a slowdown in global manufacturing and equities continue to rise for a 3rd day.
Galaxy Resources Ltd (ASX:GXY) announced that its Jiangsu Lithium Carbonate Plant has reached 386t in the first half of April 2013.
Mineweb reported that Noble announced at a recent conference that they expect China's coal imports to rise by nearly 70 percent by 2015.
The acquisition of Talison Lithium by a privately owned Chinese firm with state-owned affiliates was completed on March 26, giving the Asian powerhouse control over one-third of global lithium supply.
Galaxy Resources Ltd (ASX:GXY) announced that its lithium carbonate plant in China has produced 425 tons in its first month of production, which is 31% of its design output.
The Guardian reported that a group of Ecuadorian politicians have auctioned off over 3 million hectares of Amazonian rainforest to representatives of Chinese oil companies in Beijing.
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