Chinese Mining Firm
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Chinese Firm Stacks 2-Metre High Cash Pile At Party, Distributes Rs 73 Crore Among Employees
The company stacked up a mountain of 61 million yuan (Rs 73,78,48,939) in banknotes, almost two meters high at the company's annual party.
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Ford Announces Series of Deals in Bid to Accelerate EV Push Ahead of 2026 Production Target: Details
Ford has announced that it will begin sourcing battery capacity and raw materials from such companies as Chinese battery maker CATL and Australian mining giant Rio Tinto as part of a series of deals to accelerate the firm’s shift to electric vehicles. Ford is looking to achieve an annual EV production rate of 600,000 vehicles globally by late 202...
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Samsung’s Bitcoin Mining Chip Enters Trial Production Stage: Reports
Samsung is reportedly ready to start the trial production of its special Bitcoin mining chip. Chinese firm called PanSemi will reportedly be the first customer of Samsung’s to be purchasing these chips. Qualcomm has also expressed interest in taking advantage of Samsung’s crypto mining offering, tha launch date of which remains unclear.
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Chinese Clampdown on Cryptocurrencies Is Reportedly Forcing Mining Firms to Leave With Their Computers
Cryptocurrency companies with large operations in China are now moving out of the country and taking their expensive mining computers with them. China's crackdown on mining and trading of cryptocurrencies is forcing them to look elsewhere.
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Cryptocurrency Trading Faces Strict Crackdown in China as Beijing Doubles Down on Rooting Out Digital Coins
China's central bank said it had urged some banks and payment firms to crack down harder on cryptocurrency trading, in the latest move by Chinese authorities to stem the use of digital coins.
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China's Zijin Mining To Acquire Serbia's Largest Copper Mine
Serbia has picked a Chinese firm to take over its debt-hit copper mine after the company offered to invest $1.26 billion, a minister said Friday.
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China to Build World's First Deep-Sea Mining Vessel
A Chinese shipyard has inked a deal with a Singapore firm to build the world's first deep-sea mining vessel which can serve as a platform for seabed mining up to 2,500 meters.
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Former China Mining Executive Extradited to Australia
A former director of Chinese mining firm Hanlong was extradited from Hong Kong to Australia on Friday where he appeared in court charged with 104 counts of insider trading.
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Chinese Firm Stacks 2-Metre High Cash Pile At Party, Distributes Rs 73 Crore Among Employees
The company stacked up a mountain of 61 million yuan (Rs 73,78,48,939) in banknotes, almost two meters high at the company's annual party.
-
Ford Announces Series of Deals in Bid to Accelerate EV Push Ahead of 2026 Production Target: Details
Ford has announced that it will begin sourcing battery capacity and raw materials from such companies as Chinese battery maker CATL and Australian mining giant Rio Tinto as part of a series of deals to accelerate the firm’s shift to electric vehicles. Ford is looking to achieve an annual EV production rate of 600,000 vehicles globally by late 202...
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Samsung’s Bitcoin Mining Chip Enters Trial Production Stage: Reports
Samsung is reportedly ready to start the trial production of its special Bitcoin mining chip. Chinese firm called PanSemi will reportedly be the first customer of Samsung’s to be purchasing these chips. Qualcomm has also expressed interest in taking advantage of Samsung’s crypto mining offering, tha launch date of which remains unclear.
-
Chinese Clampdown on Cryptocurrencies Is Reportedly Forcing Mining Firms to Leave With Their Computers
Cryptocurrency companies with large operations in China are now moving out of the country and taking their expensive mining computers with them. China's crackdown on mining and trading of cryptocurrencies is forcing them to look elsewhere.
-
Cryptocurrency Trading Faces Strict Crackdown in China as Beijing Doubles Down on Rooting Out Digital Coins
China's central bank said it had urged some banks and payment firms to crack down harder on cryptocurrency trading, in the latest move by Chinese authorities to stem the use of digital coins.
-
China's Zijin Mining To Acquire Serbia's Largest Copper Mine
Serbia has picked a Chinese firm to take over its debt-hit copper mine after the company offered to invest $1.26 billion, a minister said Friday.
-
China to Build World's First Deep-Sea Mining Vessel
A Chinese shipyard has inked a deal with a Singapore firm to build the world's first deep-sea mining vessel which can serve as a platform for seabed mining up to 2,500 meters.
-
Former China Mining Executive Extradited to Australia
A former director of Chinese mining firm Hanlong was extradited from Hong Kong to Australia on Friday where he appeared in court charged with 104 counts of insider trading.
