metals

Mining billionaire and Ivanhoe founder Robert Friedland is rubbing his hands with glee at the prospect of a greener economy in Asia, especially in China.

Our readers give their verdict on HKEx's $2.2 billion bid for the London Metal Exchange.

The Hong Kong offering comes armed with six cornerstone investors and enough anchor demand to cover the entire base deal at launch. Separately, China Nonferrous Mining will resume its IPO today after securing a similar level of demand.

At its heart, HKEx’s successful bid for the London Metal Exchange (LME) demonstrates Asia’s ability to take long-term strategic positions, while the West scrabbles around for short-term infusions of cash.

Soaring gold demand in China has led to a supply shortfall that has widened 10 times since 2007.

China’s biggest steelmaker, Hebei Iron & Steel, has agreed to invest in Canada’s Alderon Iron Ore and secures a 15-year off-take agreement.

The deal is completed despite numerous investor concerns, but the bonds fall well below par in the secondary market.

The Chinese aluminium producer launches an unhedgeable CB with an unpopular upsize option and greenshoe.

An evolving regulatory framework for the country's minerals industry could threaten its profitability and stifle investment.