Domestic W Prices Increase
07/01/22 | Tungsten
China Commodity Marketplace Ganzhou Tungsten Association has published its guide prices for January 2022, raising wolframite concentrate (55% WO3) prices by RMB 5,000/t m-o-m to RMB 110,000/t. APT prices up by RMB 8,000/t m-o-m to RMB 171,000/t and wolframite powder (medium grain) prices up by RMB 2/kg to RMB 257/kg.…
3 mtpy NPI Project for Delong, Indonesia
06/01/22 | Nickel
Shanghai Nonferrous Metals News Backed by Jiangsu Delong, the new 3 mtpy Delong NPI project is located at the Morowali industrial park in Indonesia. The park was recently recognized as an Indonesian National Import and Export Duty-free zone. The project was designed with 3 mtpy NPI and 2.5 mtpy stainless…
Domestic Mg Prices on the Rise
05/01/22 | Magnesium
Asian Metal News Mainstream domestic magnesium prices soared by RMB 1,000/t from end-December to RMB 50,000~51,000/t today, driven by concerns about whether existing semi-coke making equipment will be phased out going forward. Industrial commentators project domestic magnesium prices to rise further over the short-term, given tightening semi-coke supply and rising…
SEEE: 2021 CEA Transaction of 179 mln t
04/01/22
Cnal News SEEE (Shanghai Environment and Energy Exchange): China ETS system (Emission Trade System) has been operating smoothly since its establishment on July 16 2021. As of 31st December, 179 mln t of CEA (China Emission Allowance) had been traded with a total turnover of RMB 7.66 bln, involving more…
Domestic Mg Prices Soar on Semi-coke Uncertainties
28/12/21 | Magnesium
Asian Metals News News released from MEE (Ministry of Ecology and Environment) on 22nd December, regarding environmental issues arising from the phase out of obsolete semi-coke capacity in Yulin, Shanxi has stirred the market with concerns of semi-coal/magnesium supply problems going forward. In response, domestic magnesium prices soared on 22nd…
Yulin Shaanxi: 474 kt Mg Production, January – November 2021
27/12/21 | Magnesium
Shanghai Nonferrous Metals News From January to November 2021, Yulin Shaanxi produced 501 mln t of coal, 29.26 mln t of coking coal, 485.5 kt of primary aluminium and 474 kt of primary magnesium, up 6.5%, down by 16.5%, down 5.8% and down by 5.2% y-o-y respectively.
China RE Group Established
27/12/21 | Tungsten
China Mining News 23rd December 2021: China Rare Earth Group Co., Ltd. was officially established. China Rare Earth Group is directly under the supervision of the SASAC (The State-owned Assets Supervision and Administration Commission of the State Council) and has diversified shareholders. It has six shareholders, including: SASAC (31.21% stake);…
China Imports 4.01 mln t of Ni Laterite in November
22/12/21 | Nickel
Shanghai Nonferrous Metals News China imported 4.01 mln t of nickel laterite in November 2021, down by 10% m-o-m but up by 12% y-o-y. The Philippines remains the largest nickel laterite supplier to China with 3.34 mln t of exports in November, down by 17% m-o-m but up by 12%…
China Exports 36.16 kt of Mg in November
22/12/21 | Magnesium
Shanghai Nonferrous Metals News China exported 36.16 kt of magnesium in November 2021, up by 48.6% m-o-m and up by 37.6% y-o-y. China exported 250 kt of magnesium from January to November 2021, up by 37.6% y-o-y.