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Guinea Coup Complicates China’s Desire to Wean Itself Off Australian Imports

So far, Guinean bauxite exports to China appear unaffected by last Sunday's coup and policymakers in Beijing are no doubt hoping it stays that way. They would like to avoid having to turn to Australia for further supplies of the critical metal used to manufacture aluminum.

Chinese Oil Buyers Have a Renewed Appetite for Angola Crude

After a quiet past few months when oil prices slid from the once heady highs, Chinese refiners are showing signs of increased demand for Angolan crude. Traders in Asia and Europe told Reuters that Chinese buyers have been snapping up Angolan oil at higher premiums than in ...

Yet Another Social Media Video Revealing Tensions Between Chinese and Congolese Miners

In what's becoming an increasingly frequent pattern, another video appeared online on Sunday showing a heated exchange between a Chinese and Congolese miner. The video that is now circulating widely on Twitter, Facebook, and YouTube does not provide a lot of contextual information as to ...

When It Comes To Mining, Africa and Australia Are the Primary Sources of Key Minerals and Metals for China

China may be trying to transition to a services-led high technology economy that doesn't rely as much on manufacturing but that shift will take years. In the meantime, Chinese factories still need to rely on vast amounts of minerals, metals, and other mining products to bolster their ...

As Much as China Probably Wants to Shift Its Iron Ore Buys From Australia to Africa, It Won’t Happen Soon

There's been a lot of discussion over the past year about China's desire to eliminate its dependence on Australian iron ore in favour of supplies from countries like Guinea, Algeria, South Africa and Brazil among others. China has been steadily trying ...

Booming Chinese Demand for African Metals and Minerals Pushes Prices to Record Highs

These are good days for Africa's metals and mineral exporters, who are seeing record prices thanks to strong demand, in part, from China and international automakers that produce new energy vehicles. The timing for this latest "commodity supercycle," ...

3 Reasons Why Ghana Should be Anxious About China’s Entry Into The Cocoa Market

Months after news broke that China had entered into the global cocoa market with an initial delivery of 500 kilograms of beans shipped to Belgium from the southern island of Hainan, Ghanaians are still trying to figure out whether they have reason to be ...

Commodity Supercycle Blues

The editorial board of Financial Times published an op-ed yesterday announcing a new commodities supercycle. They argued that the global pivot towards climate-friendlier technologies like electric vehicles is pushing demand for metals like cobalt, lithium and palladium (used in catalytic converters.) In addition, the Biden administration’s new commitments ...

Despite Lots of M&A Activity in the Cobalt Mining Sector, Chinese Imports of the Precious Metal Fell Sharply in 2020

Chinese cobalt imports fell 41.8% last year compared to the volumes shipped from the DRC in 2019, according to the mining news website Argus Media. The lockdowns in response to COVID-19 at the mines in the DRC and at South African ports, from where the precious metal ...

Zambia Stands to Benefit From Rising Copper Prices Due to Heightened Chinese Demand

While Zambia tries to figure out how if/how it plans to restructure its $12 billion debt portfolio, government coffers stand to benefit from resurgent copper prices, a major source of export earnings. The price of copper recently ...
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