It attributed its optimism to growth-stabilizing policies and rising demand from fields like new energy vehicles and solar energy.

"It is now clear that the Chinese government aims to, and is giving every indication that it will, maintain the target GDP and set GDP per capita," he said.

Horizonte Minerals Plc (AIM/TSX: HZM) (“Horizonte” or the “Company”), the nickel company developing two Tier 1 assets in Brazil, reports that construction activities continue to progress well at its Araguaia Nickel Project (“Araguaia” or “the Project”)...

The London Metal Exchange (LME) said on Friday it had received an new application to list a Chinese nickel brand, as it seeks to boost liquidity in its nickel contract.

The Australian government will double the amount of money on offer to support critical minerals projects, aiming to attract American miners and processing companies to establish operations in Australia.

With robust signs from the realty and construction sectors, the steel market will recover soon, he added.

The project kicked off construction in January last year with an investment of 4.125 billion yuan ($564 million).

Prices remain down by 33pc from their April peak of $1,200/st.