July Hebei Steel PMI Shows Weak Supply and Demand, Mills Concentrate on Maintenance and Output Cuts
Hebei province's steel industry continued to show a pattern of weak supply and demand in July.
Source: KLF Mining
ironflash
Fast-moving market developments, company updates and policy signals.
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Major Gansu Ferrosilicon Producer Shuts All Furnaces, Cutting Daily Output by 700 Tonnes; Ferrosilicon Futures Rebound Sharply
On August 4, according to Mysteel, a large Gansu-based producer shut down all furnaces, cutting daily ferrosilicon output by about 700 tonnes, triggering a sharp rebound in ferrosilicon futures.
Source: KLF Mining
manganeseflash
Shida Shenghua to Build Three Major Lithium Battery Materials Projects: Adding Lithium Salt and Additive Capacity
Shida Shenghua will invest in three lithium battery materials projects, adding new lithium salt and additive capacity.
Source: kuanglifang.cn
lithiumflash
POSCO Holdings' Lithium Business Posts First Profit in Eight Years, Faces H2 Challenges
POSCO Holdings' lithium business turned profitable for the first time in eight years, with sales volume up 2.6-fold and revenue up 3.9-fold.
Source: kuanglifang.cn
lithiumflash
Roof Fall Accident at Zhongjin Lingnan's Fankou Lead-Zinc Mine, Production Suspended for Rectification
A roof fall accident occurred at Zhongjin Lingnan's Fankou lead-zinc mine, and production has been suspended for rectification.
Source: KLF Mining
generalflash
Shengxin Lithium Energy Shares Rise, Company Discloses Progress in Lithium Salt and Solid-State Battery Businesses
Shengxin Lithium Energy's share price rose as the company disclosed progress in its lithium salt and solid-state battery operations.
Source: KLF Mining
lithiumflash
CITIC Securities: Gold Prices Expected to Return to Upward Channel Within the Year
CITIC Securities expects gold prices to return to an upward channel within the year, viewing the current pullback as a temporary correction in a bull market.
Source: KLF Mining
goldflash
Mariana Minerals Secures $310 Million in Financing to Advance Copper-Lithium Project
Mariana Minerals secured $310 million in financing to advance its copper-lithium project.
Source: kuanglifang.cn
copperflash
Canada Posts Trade Surplus for Fourth Consecutive Month, Gold Exports a Key Driver
Canada recorded a trade surplus for the fourth consecutive month, with gold exports as a major driver.
Source: kuanglifang.cn
goldflash
Copper price breaks US$14,000 mark: US import wave tightens global supply
Copper price breached US$14,000 as US import demand tightens global supply.
Source: KLF Mining
copperflash
Gabon Q1 extractive sector output falls; manganese rises 8.4% against trend
Gabon's extractive sector output fell 2.9% q/q in Q1 2026, while the manganese production index rose 8.4% on higher Moanda output.
Source: kuanglifang.cn
manganeseflash
Gabon cuts VAT on local rebar to accelerate steel reindustrialization
Gabon reduces VAT on locally produced and sold rebar from 10% to 3% to boost its steel industry.
Source: kuanglifang.cn
ironflash
El Niño worsens Indonesia drought, pressuring global coal supply chains
As El Niño strengthens, global coal markets face serious challenges from disrupted river transport and tighter supply.
Source: KLF Mining
coalflash
BHP WA iron ore talks collapse; 48-hour strike to begin
BHP and unions fail to resolve pay talks at FWC, with stoppage and port loading suspension at Port Hedland extended to 48 hours.
Source: KLF Mining
ironflash
Wildcat advances rapid Tabba Tabba lithium build: 4.5 Mt/y capacity
Wildcat targets 4.5 Mt/y throughput and up to 565,000 t/y spodumene concentrate at Tabba Tabba, with rapid construction planned.
Source: kuanglifang.cn
lithiumflash
Black Sea port deadlock causes Ukrainian iron ore exports to collapse
Ukraine's iron ore exports collapse amid Black Sea port standoff.
Source: kuanglifang.cn
ironflash
Nornickel cuts 2026 global nickel market surplus forecast
Nornickel revises down its 2026 global nickel market surplus forecast.
Source: kuanglifang.cn
nickelflash
US copper buying spree hits 12-year record; global copper market faces reshaping
US copper stockpiling reaches a 12-year high as global copper market structure faces reshaping.
Source: KLF Mining
copperflash