China's coal industry still plagued by overcapacity despite price rebound
The supply-demand mismatch in China's coal industry has not seen a substantial change despite prices rebounding this year, an industry association said.
Large lead, zinc deposit found in Xinjiang
A large lead and zinc deposit, allegedly China's largest, has been discovered in northwest China's Xinjiang Uygur Autonomous Region, local authorities announced on Sunday.
China has 31.97 mln tonnes of oil reserves
China had 31.97 million tonnes of national oil reserves at the start of 2016, said a statement by National Bureau of Statistics (NBS) Friday.
Coal output to be hiked, says NDRC
China's top economic regulator-the National Development and Reform Commission-gave the greenlight to bring back onstream some frozen coal production capacity in order to head off coal prices rising excessively, it announced on Wednesday.
Domestic steel output headed for further contraction: report
Domestic steel output fell in August and is likely to contract further during the rest of months this year, an industry report said on Tuesday.
Merge and acquisition
Baoshan, Wuhan Steel merger approved
The merger of Baoshan Iron and Steel Co with Wuhan Iron and Steel Group has been approved by the State Council, the country's asset watchdog announced yesterday.
CNPC backdoor listing estimated at value of $3.7b
China National Petroleum Corp, the country's biggest oil and gas producer, is a step closer to completing a backdoor listing of its engineering assets after its Shanghai-listed target company approved the plan.
China considers tighter regulation of offshore oil exploration
The Chinese government is considering issuing wide-ranging regulations to make offshore oil explorers that harm the marine environment to pay damages.
China considers making mining rules closer to int'l standards
China is considering changes to its mineral deposit classification and reporting rules to bring them in line with international standards and open up its mining sector, government officials have said.