Jiuquan to Transfer All Steel Assets Into Sino-Foreign Venture
Jiuquan Iron & Steel Group, the second-biggest steelmaker in northern China, agreed to transfer all its steel and mining assets into a venture with Netherlands- registered metals group International Mineral Resources BV.
Jiangxi Copper says Afghan project worth $4.4 bln
Jiangxi Copper Co, China's top integrated copper producer, said its copper mining project with China Metallurgical Group Corp in Afghanistan will have a total investment of $4.4 billion.
Sasol, Shenhua to jointly produce motor fuel from coal in China in 2016
South Africa's Sasol, the world's biggest producer of motor fuel from coal, and China's top coal company Shenhua Group will jointly produce motor fuel from coal in China in 2016, a Sasol official said Friday.
Chinese energy official attributes surging oil price to speculation
The fluctuation of crude oil prices is closely related to the global financial market and the surge of oil prices should not only be ascribed to rising energy demands of fast developing countries, a Chinese energy official said Saturday.
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