Advertisements
//
archives

Mining & Energy

This category contains 64 posts

China plans massive sea lab 10,000 feet underwater in South China Sea


China is speeding up efforts to design and build a manned deep-sea platform to help it hunt for minerals in the South China Sea, one that may also serve a military purpose in the disputed waters. Such an oceanic “space station” would be located as much as 3,000 meters (9,800 feet) below the surface, according … Continue reading

China says it leads the world by achieving 102 seconds of nuclear fusion at 50 million degrees Celsius


The following is based on a translation of a report in Chinese media: According to chinanews.com’s report, China’s EAST physical experiment in Hefei, Anhui Province has achieved plasma electric generation by nuclear fusion for 102 seconds at a temperature of 50 million degree Celsius This is longer than the 60 seconds EU and Japanese scientists … Continue reading

China building 3 more large deep sea oil rigs to explore for oil in South China Sea


The following is based on a translation of a report in Chinese media: Global Times says in its report yesterday that it took 6 years and 6 billion yuan (USD940 million) for China to build its first homegrown deep sea drilling platform HD-981. The “9” in 981 means drilling ship, “8” means deep water while … Continue reading

China to invest $78 bn to build 110 nuclear power plants by 2030, will overtake US


China plans to build 110 nuclear power plants by 2030 with an investment of over $78 billion overtaking the US which has 100 such plants amid criticism that Beijing is yet to implement enough measures to develop safety controls in existing projects. China will build six to eight nuclear power plants annually for the next … Continue reading

China to build world’s first hybrid fusion-fission reactor before 2030


The following is based on a translation of a report on a Chinese news site: A report on akjunshi.com says the China Academy of Engineering Physics in Sichuan has completed the conception design of the world’s first hybrid fusion–fission reactor. As the institute is in charge of developing China’s nuclear weapons, it must have actual … Continue reading

Contaminated oil sent to China may be blended and grey marketed to an unsuspecting refinery


Contaminated oil stored at a pipeline terminal in Martinez, California has won rare export approval, and some is headed for China. This is an unusual event since California consumes all the oil it can produce or import. Where will it be used in China? According to the GCaptain shipping site, approximately 1 million gallons of oil … Continue reading

China to commence building world’s first fourth generation nuclear power plant, and already has plans to export them


The following is based on a translation from Chinese media: China has completely mastered the technology of its fourth-generation high temperature gas-cooled nuclear reactor, and is now able to make more than 95% of it. It built a 10-mW experimental reactor and has successfully used it to provide electricity to the power grid since January … Continue reading

Chilean titanium explorer seeks strategic partners in China


A fairly new entrant in the titanium space in Chile is looking to expand its business through joint-ventures with companies in Asia. The company, White Mountain Titanium Corporation (OTCQB:WMTM), has announced in a recent statement that it is currently scouting for investors in the Asian region, specifically in China, where demand for titanium dioxide is … Continue reading

China builds nuclear reactors in earthquake-prone Pakistan, in defiance of international ban


China has decided to defy international norms and build new nuclear reactors in Pakistan. While the U.S. and Europe see stagnant growth for commercial nuclear power, the same is not true in Asia. China is not only building nuclear reactors at home, but it is exporting its technology abroad. Of particular concern is its construction … Continue reading

“Made in China” nuclear reactors a tough sell in global market; don’t meet international standards


As China signs global deals to export its nuclear power technology, it faces a huge obstacle: it still needs to show it can build and safely operate these reactors at home. Aided by foreign technology acquired during three decades of development, China has the highest number of reactors being built and ambitions to export its … Continue reading

The Russian Far East: Russia’s land, China’s funds


The Russian Far East has always been a strategically important region to Russia because of its rich mineral resources and access to the Pacific Ocean, though it is largely neglected and underdeveloped compared to other regions in Russia.  More than 66 percent of Russian gold production comes from six eastern regions, including Amur, which is … Continue reading

China’s Nationalist Party ‘blows up’ at Kaohsiung


It started in 1990. Some may say it was in 1949 when the Chinese Nationalists retreated to Taiwan and imposed their tyranny and the governmental system that Chinese Communists would soon copy in Beijing. But this started in 1990 when CPC (中石化) built a gas line in Kaohsiung. Gas lines can rust if not buried … Continue reading

Chinese oil rig leaves disputed waters near Vietnam


A Chinese oil rig has left disputed waters near the Paracel islands in the South China Sea, a month earlier than scheduled, and more than two months after its deployment to waters also claimed by Vietnam. China claims to have found signs of oil and gas, the official Chinese Xinhua news agency said. Vietnam’s coastguard … Continue reading

China sends four oil rigs to South China Sea amid regional tensions


China has sent four more oil rigs into the South China Sea in a sign that Beijing is stepping up its exploration for oil and gas in the tense region, less than two months after it positioned a giant drilling platform in waters claimed by Vietnam. The announcement comes at a time when many countries … Continue reading

Philippines defies China: Will drill two new oil wells in South China Sea


A unit of Philippine firm Philex Petroleum Corp plans to start drilling two more wells in disputed waters in the South China Sea even without a partner and despite rising tensions with Beijing, its chairman said on Wednesday. London-listed Forum Energy Plc will likely start drilling the appraisal wells in its Sampaguita gas field in … Continue reading

China leads mission to explore South China Sea for oil – 1800 kms from China


China will lead an expedition into the South China Sea, 80 kilometres off the coast of Malaysia and 1,800 kilometres from the Chinese mainland – territory China claims as it’s own. The first scientific ocean drilling expedition led and sponsored by China sails from Hong Kong tomorrow into the South China Sea – the subject … Continue reading

China to explore for seabed mining, develop deep-sea tourism


China has recruited six trainees of deep-sea submersible operators and been building its State Deep Sea Base in Qingdao. The six trainees will take a 2-year course and be certified operators after passing the examination. By that time, China will have eight deep-sea submersible operators. There are two female trainees among the six. It is … Continue reading

Venezuela’s PDVSA Post-Chávez: Will partnerships with the private sector and Chinese experts boost oil production?


Throughout 2012, and especially after President Hugo Chávez’ death in early March 2013, Venezuela’s national oil firm, Petróleos de Venezuela S.A. (PDVSA), has taken measures beyond anything done in the past decade to raise its lagging production. While the likely impact merits cautious analysis, the drivers of the Bolivarian Republic’s scramble for increased oil revenues … Continue reading

China races foreign rivals to mine seabed for valuable minerals


China can now explore the seabed for up to three valuable minerals but it faces a major challenge to close the mining technology gap with the West With China recently achieving its long-held desire to exploit untapped underwater resources, a new method of sustaining its rapid economic development appeared to be secure. The award of … Continue reading

China’s nuclear power ambitions threatened by public trust


As China pushes an aggressive expansion of nuclear power, it is running into a major stumbling block – a breakdown of trust, post-Fukushima, in official assurances of public safety. A plan to build a $6 billion uranium processing plant in the southern province of Guangdong was cancelled this week after about a thousand people took … Continue reading

Russia turns away from Europe, signs $270 billion oil deal with China


Russian oil giant Rosneft and Chinese state firm CNPC signed a $270 billion deal to supply China with oil over 25 years as Russian President Vladimir Putin pushes to diversify the country’s energy customer base away from Europe. The agreement between Russia, the world’s largest energy producer and China, the world’s largest energy consumer – … Continue reading

China launches trial carbon trading scheme


It is well-known that when rolling out a new and significant policy, Chinese officials are extraordinary cautious. Those who expect radical shifts over night are always left disappointed. So it should come as no surprise that the latest development in Chinese climate policy is small-scale. Nonetheless we shouldn’t underestimate the significance and potential of the … Continue reading

China: Iraq oil production booming, Venezuela lagging


The New York Times had an interesting article: ”China is reaping biggest benefits of Iraqi oil boom” on June 2, 2013.  The question that comes to mind is … Why is Chinese production in Iraq booming, and in Venezuela lagging? As late as 2007 and 2008, China clearly intended its investments in Venezuela to be its … Continue reading

US war against Iraq is paying off – for China


Remember the US government assurance that the Iraq War would pay for itself, once those oil revenues began gushing forth from a liberated Iraq? A decade later, the Iraq War is paying – for China. “We lost out,” said Michael Makovsky, a former Defence Department official in the Bush administration. “The Chinese had nothing to do with … Continue reading

Laos seeks Chinese help to survey its mineral wealth


Laos is seeking help from the Chinese government to conduct detailed surveys of its mineral wealth, aiming to use the information to help regulate the mining industry. Deputy Minister of Energy and Mines Somboun Rasasombath said as quoted in the South China Morning Post this week that he would discuss the matter with Chinese Deputy … Continue reading

China moves cautiously ahead on nuclear energy


From 2005 to 2011, China rapidly developed its nuclear power capacity. In 2010 alone, it began operations at two new reactors and broke ground on 10 more, accounting for more than 60 percent of new reactor construction worldwide and making the Chinese nuclear industry by far the fastest-growing in the world. By the end of … Continue reading

No usable oil in disputed areas of the South China Sea?


An US government report on oil and gas reserves in the heavily disputed regions of the South China has concluded that there probably aren’t any. The study concludes for the first time that the countries expecting riches under the Spratly and Paracel Islands are going to be disappointed. Nothing but politics and nationalism? The research … Continue reading

China confirms nuclear deal with Pakistan


China confirmed it will sell a new 1,000-megawatt nuclear reactor to Pakistan that the United States says would violate Beijing’s obligations under a nuclear supplier control group. Chinese Foreign Ministry spokesman Hong Lei was asked Monday about a report in the Free Beacon March 22 that first disclosed the secret agreement for the reactor reached last month in Beijing … Continue reading

China’s Citic fail to pay $400 million in Australian contract; can’t comprehend “rule of law” concept


Up to $400 million in royalty and purchase payments due to Queensland mining magnate Clive Palmer are in dispute and have not been paid, as a rift widens between him and China’s Citic Pacific, the builder of the troubled $US8 billion ($7.8bn) Sino Iron project in Western Australia. Hong Kong-listed Citic has said it is … Continue reading

Crude drops below $90 on signs of slowing Chinese growth


West Texas Intermediate crude fell below $90 a barrel for the first time in 2013 as service industries in China expanded at the weakest pace in five months, adding to speculation that demand growth is slowing. Prices declined for the seventh time in nine days as the expansion of the non-manufacturing industry in China, the world’s largest … Continue reading

International Energy Agency’s view of China’s energy future


The World Energy Outlook is the International Energy Agency‘s annual report on the state of the international energy market, and the current report is remarkable for its analysis of the tectonic shift centred around China.  As the Chinese demand for fossil fuels grows, it will control the pricing of key commodities and dominate the market … Continue reading

China claims it leads the way with safe nuclear energy by using thorium


There are shortcomings in this process, but they seem to be significantly less than the conventional uranium process. It could hardly be otherwise, I suggest. Uranium reactors are devastatingly risky and have enormous and also dangerous waste disposal problems. The contemplated future use in some countries would appear a very poor environmental choice. Environmentally regarding … Continue reading

China’s narrow focus on oil in South Sudan won’t work says U.S. envoy


China needs to move beyond a narrow focus on oil issues in South Sudan and help tackle that country’s larger political disputes with Sudan, the outgoing U.S. special envoy to the two African states said on Wednesday. Ambassador Princeton Lyman said he had worked closely with Chinese officials for more than two years, during which … Continue reading

China’s oil thirst may wrench Canada’s rule of law – the global race for energy


With China‘s Sinopec support, Canadian Premier Minister Stephen Harper‘s conservative government chose a wrong turn to the right, saving itself from a nasty brush with justice. Approximately 70% of the world’s bitumen (aka “The Tar Sands”) deposits are located in Canada, mainly in the province of Alberta. Totals reserves there are about 176 billion barrels. … Continue reading

China secures potential Cambodian iron ore


Chinese firms to build a railway, a steel mill and seaport for iron and steel mining to facilitate the transportation of Chinese-mined Cambodian iron ore to China? A “Cambodian” company (a consortium of Chinese metal companies) and a Chinese firm signed a Memorandum of Understanding (MoU) to build a railway and seaport in Cambodia to … Continue reading

China secures potential Cambodian crude oil


Cambodia’s first oil refinery will break ground early next year and, once completed, will refine an estimated 5 million tons of oil per year. Two state-enterprises signed an agreement on the USD2.3-billion refinery in Kampot province: Sinomach China Perfect Machinery Industry Corp. and the Cambodian Petrochemical Company, at the Council of Ministers in Phnom Penh. … Continue reading

Radioactive coal ash from mines near uranium deposits falls on China cities


Huge newly discovered reserves of much-needed uranium are in danger of being destroyed amid a row over digging it up. And as China‘s nuclear and coal sectors battle over the sites where the radioactive heavy metal lies buried, experts say the uranium is accidentally ending up in coal-fired power stations – creating radioactive ash that … Continue reading

Japan firms turn to booming Southeast Asia, hedging China risks


Almost a quarter of Japanese manufacturers are re-thinking their China investment plans. Japanese firms, encouraged to expand abroad by a strong yen, are increasingly using Southeast Asia as an alternative manufacturing base to balance their China risks. Japanese government and business leaders have also been among the fastest to tap the potential of Myanmar’s dramatic … Continue reading

China boasts of ‘world-class’ uranium deposit discovery, but experts wary


SCMP reports: “Nuclear industry experts remain wary of China‘s grand claims for the Inner Mongolia reserve, saying there have been exaggerations in the past “China announced the discovery of a “world-class” uranium deposit in Inner Mongolia yesterday but kept its exact size a secret. “Some nuclear industry experts said the secrecy could be a deliberate … Continue reading

Japan plans to import rare earths from India as hedge against China


Japan is expected to announce that it will begin the import of rare earth elements from India when Prime Minister Manmohan Singh visits the country next month. The move is intended as a safeguard against a possible embargo by China, a top global producer of rare earths, amid the Japan-China territorial dispute over the Senkaku … Continue reading

Mongolia: can’t live with China, can’t live without China


Mongolia and China have never exactly gotten along. For the past millennium the two countries invaded and ruled each other in turn. In the thirteenth century, Kublai Khan swept into China and founded the Yuan dynasty, putting Mongolians on the Chinese throne for nearly a century. Then in the 17th century Mongolia was conquered by … Continue reading

China illegally mining iron ore in India says report


China prominently features in a probe report on illegal iron ore mining in Goa, which warns that while the eastern neighbour is gobbling up India‘s iron ore reserves, the future might see a reversal of the trend. The Justice M B Shah Committee’s exhaustive report has pegged Goa’s mining scam at nearly Rs 35,000 crore. … Continue reading

China raises rare earth export quota


China has increased its 2012 rare-earth export quota for the first time since 2005, amid growing international pressure on Beijing to loosen its hold on the key minerals. The country’s rare-earth export policies are closely watched as it controls 95% of the world’s production of the metals, which are crucial in a wide range of … Continue reading

China’s politics and oil needs lead to risk of conflict in South China Sea


In asserting its claims to the tiny islands, rocks and reefs in the South China Sea, China points to records of its ancient mariners. Today, those waters are far more important to China than in the age of the sail. That’s because the area may hold oil riches that rival Saudi Arabia’s, a prospect that … Continue reading

China to exploit resources in melting Arctic Ocean


When Chinese premier Wen Jiabao visited Iceland in April, a framework agreement was signed between China and Iceland on Arctic Cooperation. As ice is melting in the Arctic Ocean, exploitation of the rich resources there will soon be much easier. Iceland has the geographic advantage, while China the financial resources and technology. Cooperation between China … Continue reading

After orbiting space lab, China wants an undersea lab for deep sea mining


Imagine, for a moment, that the year is 2034, and China has just declared ownership of a massive copper mine deep below the surface of the Western Pacific. Although the site was first discovered and repeatedly explored by robotic submersibles from other countries, China is the first to send a manned vessel to the depths. … Continue reading

China ‘stockpiling rare earths for strategic reserves’


China has already started the purchase – using state funds – and storage of rare earths for strategic reserves, the China Securities Journal said, but did not say exactly when the initiative was launched. The country produces more than 90pc of the world’s rare earths, which are used in hi-tech equipment ranging from iPods to … Continue reading

Mongolia’s Coal Riches Causing Diplomatic Nightmare with Russia, China


Mongolia boasts huge deposits of coal, copper, gold, uranium and many other rare minerals, and is opening up its vast resources to the world; this has however led to many diplomatic problems for the Asian nation. Mongolia is unfortunately situated between Russia and China, and with no coast it relies on passing through these two … Continue reading

US exempts China, Singapore from Iran sanctions


The United States on Thursday exempted China and Singapore from sanctions over purchases of oil from Iran hours before a deadline, saying that major economies were united in pressuring Tehran. The United States, however, did not grant exemptions to smaller-scale importers such as Pakistan and Afghanistan, meaning that banks from those countries could face punishment … Continue reading

Vietnam says China offshore oil auction ‘illegal’


Vietnam has denounced China‘s opening of offshore oil blocks to foreign companies in contested areas of the South China Sea as “illegal”, as territorial tensions grow between the communist neighbours. On Saturday, the China National Offshore Oil Corporation (CNOOC) announced that nine offshore blocks were available for exploration, and said it was seeking bids from … Continue reading

Advertisements

Follow us on Facebook

Craig Hill Training Services Facebook

Get An Australian Diploma

Learn How To Sell Real Estate To Chinese Buyers

Sell Your Real Estate To Chinese Investors

China Daily Mail

China Daily Mail is not affiliated in any way with The China Daily or the government of the People's Republic of China.

Enter your email address to receive an email each time an article is published, or join our RSS feed. 100% FREE.

Want to write for China Daily Mail?

Read "Contributor Guidelines" above to join our team of 68 contributors. Write news or opinion about issues in China, or post photos and video. Promote your own site.

Recent Posts

China Daily Mail Stories Have Been Featured In: