IM Huayun Al Smelter to Start Construction in 2020
30/10/19 | Aluminium
Cnal News IM Huayun New Materials Co. Ltd, designed with total primary aluminium capacity of 460 ktpy, recently received 250 ktpy of primary aluminium replacement quotas from Baotou Aluminium. Construction of production lines is scheduled to begin in 2020, and the project is expected to come online in 2022. IM…
Shanxi Jiaokou Xinfa Postpones Resumption Plan
30/10/19 | Alumina
My Metal News As of 30th October, Shanxi Jiaokou Xinfa alumina refinery was still under suspension. The company has decided to postpone its resumption plans further, citing a bleak market outlook. Shanxi Jiaokou Alumina refinery was designed with 2.8 mtpy alumina capacity. Its continued suspension is likely to contract overall…
Domestic Bx Inventory on the Decline
30/10/19 | Bauxite
Asian Metal News Domestic bauxite inventory has dropped further on tightening supply after mines in Henan and Shanxi halted mining in response to stricter environmental requirements in place since early October. At present, bauxite with A/S 5.0 grade is being quoted at RMB 490/t and that with A/S 4.0 grade…
Chalco Shanxi: 1.8 mln t Aa in 2019
30/10/19 | Alumina
Asian Metal News Chalco Shanxi has five alumina production lines with total alumina refining capacity of 2.4 mtpy. The company produced 2.1 mln t of alumina in 2018 and its 2019 annual output is expected to drop by 14.3% y-o-y to 1.8 mln t. Chalco Shanxi has been operating below…
Tsingshan Group to Purchase Ni from LME
29/10/19 | Nickel
Shanghai Nonferrous Metals News 28 October, SMM: In anticipation of a shortfall in NPI supply at the beginning of 2020, China Tsingshan Group, the world’s largest stainless steel producer is currently seeking refined nickel supply from the market. This is the first time that Tsingshan Group has purchased a large…
MCC Restarts a NPI Smelter in Papua New Guinea
29/10/19 | Nickel
Alu News MCC (China Metallurgical Corporation of China) announced on Monday that its NPI smelters in Papua New Guinea had been restarted and had resumed normal operations after a short suspension. Last week, MCC received permission from the local government to restart the smelter with a gradual ramp up to…
China September Bx Imports at 6.75 mln t
29/10/19 | Bauxite
China September Bx Imports at 6.75 mln t SMM News 27 October, SMM: China imported 6.75 mln t of bauxite in September down 21.86% m-o-m and down 2.08% y-o-y. China’s total bauxite imports during the first nine months of 2019 reached 78.13 mln t, up 26.79% y-o-y. Australian surpassed Guinea…
MIIT Set to Publish Revised ‘Al Industry Standards’
Cnal News The MIIT (Ministry of Industry and Information Technology) is set to publish a revision of the ‘Aluminium Industry Standards’. MIIT has put forward specific suggestions on the industry development as a whole including: 1. Development of the alumina industry 2. Industry threshold of aluminum industry and elimination of…
Domestic Mo Market Remains Weak
29/10/19 | Molybdenum
China Commodity Marketplace This week saw few quotations and transactions, with prices dropping slightly on-week in the domestic molybdenum concentrate market. Quotations for standard grade molybdenum concentrates stand at RMB 1,770~1,780/MTU and high-grade is at RMB 1,790~1,840/MTU. Domestic FeMo prices continued to fall following rapidly falling procurement prices of steel…