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Energy & Resources

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Another Chinese takeover in Australia goes sour
Aug 1, 2014 (WiC 248)

"China currently owns less than 10% of its imported iron ore,” a top official with the China Iron and Steel Association told state media back in 2011. His goal: “We should seek 50% of ore to come from Chinese-invested overseas resources in ...

The graphite grab

Chinese miners keen not to repeat rare earth mistake
Jul 4, 2014 (WiC 244)

We are now in the second week of Wimbledon and if Novak Djokovic, the number one men’s seed, goes on to win the tennis crown it may well be partly thanks to the graphene in his racket. His equipment supplier, Head, uses the mineral to improve ...

Switching tactics

State Grid makes reform-friendly noises
Jun 6, 2014 (WiC 240)

Last week State Grid used an event in Shanghai to tout its commitment to electric cars. As part of a new partnership it will build public charging sites at the site of the former World Expo park and at 46 other prime locations in the city. ...

Chemical reaction

Newspapers claim Shenhua and Dow have shelved their Yulin project
May 30, 2014 (WiC 239)

The Dow Chemical Company started out by making bleach in 1897. Its founder Herbert H Dow grew the firm into a chemicals giant, using the mantra: “If you can’t do it better, why do it?” China’s media is now pondering whether Dow is ...

Undeterred by Fukushima

China’s nuclear power industry in growth phase
May 23, 2014 (WiC 238)

In 1979 a Hollywood thriller called The China Syndrome topped the American box office with its fictional portrayal of a nuclear power industry that endeavoured to hide their safety hazards. The film’s title referenced a reactor melting ...

Digging for victory

China seeks greater control over Australian iron ore reserves
May 16, 2014 (WiC 237)

In 1886 a young Englishman called Harry Page Woodward spent a year crossing 13,000km of Western Australia on a camel. As the state’s new geologist, Woodward’s job was to map a region he came to describe as ‘iron country’. What Page had ...

Steel woes for railways group
May 16, 2014 (WiC 237)

The Fortune 500 rankings were first compiled in 1955 and topped by General Motors. Some of the other companies in the top 10 back then don’t sound so familiar, including Esmark at number 5 and Armour at number 7. Both were steelmakers that made ...

Decision taken on ultra-high voltage lines
May 2, 2014 (WiC 235)

In an issue of the New Yorker magazine last month Iraq’s former vice president made a startling claim. As part of a lengthy article about the condition of the country, Adil Abd al-Mahdi said that almost $220 billion had been allocated to 6,000 ...

Shanxi steel tycoon faces a cash crisis and owes as much as Rmb20 billion
Apr 4, 2014 (WiC 232)

Li Zhaohui is no stranger to life challenges. His father Li Haicang – aka ‘the Shanxi Steel King’ – was assassinated when he was a mere 22. As a result of this shocking episode, Li dropped out of Australia’s Monash University to run the ...

Nerves of steel

What do record stockpiles of iron ore say about the Chinese economy?
Mar 14, 2014 (WiC 229)

You have probably never heard of Zhouning County. But for bankers in Shanghai, it has been the source of a few sleepless nights. WiC has written before about the tribal nature of business communities in China. Think of the miners from the ...

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