February Domestic Mg Output at 58 kt
14/03/19 | Magnesium
China Nonferrous Metals News China produced 58 kt of primary magnesium in February 2019, showing a decline from January, chiefly due to the Yinman Mining accident in IM. Domestic magnesium prices have been hovering between RMB 16,950~17,150/t in February, with the monthly average price at RMB 17,025/t, up 13.58% on-year.…
New Discoveries of W/Mo in Luoyang Henan
14/03/19 | Tungsten
Shanghai Nonferrous Metals News Since 2018, major geological exploration breakthroughs have been made on molybdenum and tungsten resources in Luanchuan Luoyang, Henan Province. An additional 970 kt of molybdenum (in metal), 940 kt of tungsten (in 65% WO3) and 246 kt of lead and zinc (in metal) resources has been…
300 ktpy Zn Alloy Project for Zhuzhou Smelters Group
13/03/19 | Zinc
Fubao News 7th March: Backed by total investments of RMB 338 mln, Zhuzhou Smelters Group has begun construction of a 300 ktpy zinc alloy project at the Nanzhou Industrial Park in the Lukou District, Zhuzhou Hunan. The project includes a 194 ktpy hot-dip galvanized zinc alloy production line, a 100…
Huanggang and Nanfang Mining Suspend Operations
12/03/19 | Tin
China Commodity Marketplace Huanggang Mining, IM has suspended tin ore mining for two weeks due to the 13th NPC meeting restricting use of explosive. The company has an annual tin ore mining capacity of 2 kt. Nanfang Mining in Hunan suspended tin ore dressing in early February 2019 due to…
Domestic Mo Prices Holds Firm
06/03/19 | Molybdenum
China Commodity Marketplace The domestic molybdenum market has gradually returned to normal after the Chinese New Year holiday, with price standing firm at high levels. Some transactions took place at Heilongjiang yesterday, with prices at RMB 1,780/MTU by cash and RMB 1,810/t by acceptance bills. Molybdenum concentrate prices are expected…
Domestic Zn Inventories Lift Slightly
06/03/19 | Zinc
Shanghai Nonferrous Metals News SMM: At the beginning of the week, domestic social zinc inventories reached 218.1 kt, up 3.3 kt from last Friday and up 5.7 kt from last Monday. With downstream producers returning to normal operations after the Chinese New Year holiday, social zinc inventories at Shanghai, Guangdong…
Domestic Mg Output at 696 kt in 2018
05/03/19 | Magnesium
China Nonferrous Metals News Magnesium Branch of CNIA: China produced 695.6 kt of primary magnesium in 2018, down 21.36% on-year. Shaanxi, Shanxi and Ningxia remain the three major magnesium producers in China with output of 431.6 kt, 97.4 kt and 65.5 kt, down 9.87%, down 30.78% and down 61.58% respectively.…
Domestic W Concentrates Output at 126 kt in 2018
05/03/19 | Tungsten
China Nonferrous Metals News China Tungsten Association: China produced 126 kt of tungsten concentrates in 2018 (converted to 65% WO3), down 3.73% on-year. The decline can be attributed to: Double counting – some trade figures and amounts of processed tungsten products were counted as concentrate output for 2017 Suspension of…
Ni Laterite Exports: Indonesia Steady, Philippines on the Rise
02/03/19 | Nickel
Shanghai Nonferrous Metals News SMM: Macika Indonesia’s 1 mln WMT nickel laterite export quotas will expire by end-March 2019. With all previous quotas consumed new quotas are in negotiation. Indonesian Antam’s 2.7 mln WMT quota will expire by end-March 2019, and 5.2 mln WMT of new quotas are expected to…