Australia's Albidon Ltd expects that its reactivated Munali nickel mine in Zambia will produce 56,000 tons of nickel concentrate this year, which will be sold at prevailing spot prices to Chinese metals refiner Jinchuan Group.
China Datang Corporation Renewable Power Co Ltd will join efforts to establish a joint venture for developing wind farms and other renewable energy resources in Australia, said Datang in a statement published on its website Wednesday.
China Gezhouba Group Co Ltd (CGGC), builder of the Three Gorges Dam, said on Wednesday that its parent company, China Gezhouba Group Corp, will merge with China Power Engineering Consulting Group Corp (CPECC), signaling the start of the country's effort to consolidate its power sector.
China's largest power producer, Huaneng Power International, posted on Wednesday a decline of 76.25 percent in net profit for the first three months this year on surging fuel costs.
China's total coal imports will stay at a high level this year despite the drop in February because of rising international prices, the China National Coal Association (CNCA) said.
China Petrochemical Corp (Sinopec Group), Asia's biggest oil refiner, halted fuel exports to ensure domestic supply as high crude costs and retail price caps cause private refiners to cut back on production.
Australia's CBD Eenergy Ltd announced Tuesday it will set up a joint venture with two Chinese renewable energy companies, eyeing to tap the southern country's wind power market, the 21st Business Herald reported Wednesday.
The largest obstacle China must overcome as it looks to build hydropower projects in its seismically active southwestern regions is the need to use technology that will reduce the danger posed by earthquakes and other disasters.
Australia's renewable energy company CBD Energy Ltd said Monday it had finalized a joint venture with two Chinese companies to develop approximately A$ 6 billion ($6.34 billion) of wind and solar energy projects in Australia.
China's electrical grids will connect 90 million kilowatts of wind power capacity by 2015, said China's largest power grid company on Friday.
China National Petroleum Corporation (CNPC), China's largest oil and gas producer and supplier, lost over 5 billon yuan by selling natural gas imports from central Asian countries last year, as the import prices are higher than the domestic sales prices, caijing.com.cn reported Thursday.
Gamesa Corp Tecnologica SA, a top global wind turbine manufacturer, will join hands with China Longyuan Power Group Corp Ltd to co-develop international wind projects, primarily in the United States, Europe and Latin America.