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Weak Chinese Demand Is Pummeling Mining Stocks Everywhere, Except in China

Processing facilities are built into the mine face at Citic Pacific Ltd.'s Sino Iron project in Karratha, Western Australia. — Processing facilities are built into the mine face at Citic Pacific Ltd.'s Sino Iron project in Karratha, Western Australia.
Carla Gottgens/Bloomberg

By

Tim Barwell and

Thomas Biesheuvel

May 22, 2015, 8:20 AM UTC

As slowing Chinese demand for minerals slashes the value of most mining stocks, there is one bright spot: those listed in China.

Seventeen of the 20 best performing stocks in the Bloomberg World Mining Index in the past year are listed in mainland China or Hong Kong, with nine of them more than doubling.