Qinghai Salt Lake: 20 ktpy Battery Grade Li Carbonate Trial Operation
18/08/21
Shanghai Nonferrous Metals The 20 ktpy battery grade lithium carbonate project of Fozhaolanke Lithium Industry Co., Ltd., a subordinate of Qinghai Salt Lake has been completed and is now on trial operation. This is the largest lithium extraction project from brine in China.
Domestic Mg Prices Soar
18/08/21 | Magnesium
China Nonferrous Metals News Domestic magnesium prices soared on tightening supply this week. As of 13th August, mainstream magnesium quotations were RMB22,300~22,500/t (tax inclusive) in Fugu Shaanxi, with mainstream transaction prices standing above RMB22,300/t, up by RMB1,300/t from the previous week. Following the upward price trend, magnesium transaction prices in…
LoMo and Billions: RMB 2 bln for 200 ktpy Li Battery Project
17/08/21
Shanghai Nonferrous Metals News 12th August: Henan Longbai New Material Technology Co., Ltd., a wholly subordinate of LoMo and Billions Group, plan to invest RMB2 bln to build a 200 ktpy lithium-ion battery project. The project will be carried out in three phases, with a 5 ktpy lithium iron…
Domestic W Prices Stable at High Levels
13/08/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrates prices have been firm at high levels this week, seeing mainstream wolframite concentrate (65% WO3) quotations at RMB113,000~115,000/t. scheelite concentrate (65% WO3) quotations at RMB112,000~114,000/t and tungsten concentrate (55% WO3) quotations at 110,000~112,000/t. However, downstream buyers were wary about high-level quotations, resulting a lack-lustre…
Domestic Mg Prices Rebound
13/08/21 | Magnesium
Shanghai Nonferrous Metals News Domestic magnesium prices continue to rise on shortening spot supply, seeing mainstream magnesium prices lifting to RMB22,000/t ex-works in Fugu Shaanxi. Downstream buyers have been actively restocking, consequently boosting domestic magnesium prices to a high point for 2021.
Domestic W Prices on the Rise
11/08/21 | Tungsten
Shanghai Nonferrous Metals News 10th August: Ganzhou Tungsten Association announced an increase to the guide prices of wolframite concentrate (55% WO3) and APT by more than RMB10,000/t each to RMB111,500/t and RMB169,000/t respectively, marking the largest price increase for 2021. Meantime, prices of medium grain tungsten powder has increased to…
LoMo and Billions: Chloride TiO2 Pigment Project Trial Operation
05/08/21
Shanghai Nonferrous Metals News 29th July: LoMo and Billions started trial operation of its chloride TiO2 pigment expansion project, with daily capacity of 800 t at Billions’ old site at the western industrial park in Jiaozuo Henan.
Domestic Mg Prices Trend up
05/08/21 | Magnesium
China Nonferrous Metals News As of 30th July, mainstream magnesium ingot prices (99.9% grade) were being quoted at RMB21,000/t in Fugu, Shaanxi, with mainstream transaction prices standing at RMB20,800~20,900/t, up by RMB800~900/t from last week. In Wenxi, Shanxi, magnesium prices were being quoted at RMB 21,000~21,100/t. In July, domestic magnesium…
China H1 2021 Li Battery Production Exceeds 110 GWh
04/08/21 | EV
Shanghai Nonferrous Metals News MIIT: China’s total output of lithium-ion batteries exceeded 110 GWh, an increase of more than 60% y-o-y. China produced 450 kt of cathode materials, 350 ktpy anode materials, 3.4 bln square meters of diaphragm and 130 kt of electrolyte liquid during H1 2021, all showing an…
