Ivanhoe, CITIC complete second major financing for Congo mines

Ivanhoe, CITIC complete second major financing for Congo mines

Canada’s Ivanhoe Mines (TSX:IVN) has received a second major strategic investment of C$612 million (about $490m) from its largest shareholder, China’s state-owned CITIC Metal, that will be used towards speeding up construction of a giant copper...

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China January-July FDI up 7.3% Year on Year in Yuan Terms

China January-July FDI up 7.3% Year on Year in Yuan Terms

Foreign direct investment (FDI) in China rose 7.3% from a year earlier to 533.14 billion yuan ($75.56 billion) in the first seven months of this year, the Commerce Ministry said on Tuesday. In July, FDI into China grew 8.7% from a year earlier to...

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Chengtun Mining to Spend USD145 Million on Indonesia Nickel Smelter

Chengtun Mining to Spend USD145 Million on Indonesia Nickel Smelter

Chengtun Mining Group plans to lay out USD145 million to partake in the  construction of a nickel smelter in Indonesia. This investment will secure its supply of the resource, which is a key constituent of lithium batteries, the Xiamen, Fujian...

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Codelco, Salar Blanco to develop lithium project in Chile’s north

Codelco, Salar Blanco to develop lithium project in Chile’s north

Chile’s Codelco, the world’s top copper miner, has signed a non-binding agreement with foreign-backed miner Salar Blanco to develop a joint lithium project at the little-known Salar de Maricunga salt flat, in the country’s north. The move, said...

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Top 3 Strategies to Generate Income with Options

Top 3 Strategies to Generate Income with Options

NAI500 is proud to announce a new collaboration with the Montréal Exchange (MX), Canada’s oldest exchange, a fully electronic exchange dedicated to the development of the Canadian derivatives market. Their products are tailored to meet domestic...

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CNUC buys stake in Namibia mine from Rio Tinto

CNUC buys stake in Namibia mine from Rio Tinto

China National Uranium Corp Ltd, a subsidiary of China National Nuclear Corp, announced that it has purchased 68.62 percent of the Rossing uranium mine in Namibia from mining giant Rio Tinto, the company said on Thursday. “This cooperation...

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Chinese firms to build gold smelter, refineries in Tanzania

Chinese firms to build gold smelter, refineries in Tanzania

Tanzania said on Wednesday it had awarded licences for the construction of a mineral smelter and two gold refineries to Chinese firms, as part of government efforts to generate more revenues from the nation’s mining industry. Minerals Minister...

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UK authorities invest nearly $100 million into electric vehicle research

UK authorities invest nearly $100 million into electric vehicle research

The U.K. government has announced £80 million ($99.7 million) of investment to develop the “next generation of electric vehicles” and, potentially, hybrid aircraft. Authorities said Monday that the funding would, among other things, help to...

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Canadian lithium junior surges 45% after $460m injection

Canadian lithium junior surges 45% after $460m injection

Shares in Nemaska Lithium Inc soared on Friday after the company announced it has received a letter of intent for a $460m (C$600m) investment from specialist mining investment firm, Pallinghurst. Pallinghurst is contemplating C$200m private...

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China News Weekly 119 – London Metal Exchange adds Huayou’s cobalt to its approved list

China News Weekly 119 – London Metal Exchange adds Huayou’s cobalt to its approved list

Click here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click the button below to subscribe.

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Renault invests $144 million into China’s electric vehicle sector

Renault invests $144 million into China’s electric vehicle sector

Auto maker Renault and the Jiangling Motors Corporation Group (JMCG) have officially set up a joint venture for electric vehicles in China. In an announcement Wednesday, Renault said that the venture would look to “further promote the...

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