Julian Luk

5 days ago | bloomberg.com | Annie Lee |Julian Luk

Various rare earth minerals on display in a showroom in Inner Mongolia, China. (Bloomberg) -- China will clamp down on the smuggling of strategic minerals, the Ministry of Commerce said on Friday, mandating officials to tighten checks in line with increased export controls. In a statement after a planning meeting with other government agencies, the ministry said that preventing the illegal outflow of key metals was “an urgent and important task,” required to safeguard national security.

6 days ago | bloomberg.com | Julian Luk |Yvonne Li

(Bloomberg) -- Copper edged higher in London as risk sentiment improved after President Donald Trump announced a trade deal with the UK while noting that if China talks go well, tariffs could be lowered. Trump pitched his trade framework with the UK as a historic achievement and the first step in his effort to overhaul the global economy.

1 week ago | news.bloombergtax.com | Julian Luk

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1 week ago | news.bloomberglaw.com | Julian Luk

The owner of the world’s largest zinc mine is in discussions to reroute output of the US operation away from China due to the trade war between Washington and Beijing, according to people familiar with the matter. Teck Resources Ltd.’s Red Dog mine, some 105 miles (170 kilometers) inside the Arctic Circle, accounts for about 5% of global zinc supply and 2.5% of lead. China is the world’s largest consumer of the two metals by far.

1 week ago | bloomberg.com | Julian Luk

(Bloomberg) -- The owner of the world’s largest zinc mine is in discussions to reroute output of the US operation away from China due to the trade war between Washington and Beijing, according to people familiar with the matter. Teck Resources Ltd.’s Red Dog mine, some 105 miles (170 kilometers) inside the Arctic Circle, accounts for about 5% of global zinc supply and 2.5% of lead. China is the world’s largest consumer of the two metals by far.