Australian mineral explorer Venus Resources Ltd announced on Monday it had entered into share subscription and joint venture deals with a Chinese entity, reported Xinhua.
Venus recently expanded its exploration focus to identifying world-class iron ore, precious metals, uranium and base metal exploration targets within prospective, mineral-rich orogenic belts of Western Australia.
Venus will raise A$4 million [...]

The U.S. Commerce Department said Thursday it would investigate whether to impose countervailing and antidumping duties against Chinese imports of drill pipe, reported Dow Jones.
The case is the latest response to an increasing number of complaints by U.S. companies and unions of unfair trade practices by Chinese manufacturers, bringing the total number of Commerce duty [...]

Beijing Shougang Steel Group is planning an acquisition of Tonghua Iron & Steel Group, reported Tuesday’s China Daily.
Sources had said that Shougang Steel and State-owned Assets Supervision and Administration of Jilin province had reached an initial agreement to pay some 2 billion yuan for a controlling stake in Tonghua Steel, according to Beijing News.
But Shougang [...]