Shanxi: Raw Coal Production to Stabilize at 1 Bln t 2021~2025
16/04/21
Shanxi Government Web The recently released “Shanxi Development Plan over 2021~2025” and the “2035 Long-term Perspective of Shanxi” reveal that raw coal output will hold stable at about 1 bln t per year during the 14th Five Year Plan period (2021~2025). The government will promote coal and gas co-mining technology,…
IM Naiman Jing’an: 18 NPI EFs to Come on Line in October
16/04/21 | Nickel
Tengxun News IM Naiman Jing’an Nonferrous Metal Co. Ltd. resumed operation in late February 2021. It is expected that all 18 NPI production lines will complete equipment installation work and come online in October 2021. Backed by total investment of RMB15 bln, the project is designed with 1.2 mtpy NPI,…
Hunan Shizhuyuan Cuts APT Production
16/04/21 | Tungsten
Asian Metal News Hunan Shizhuyuan cut APT production in April 2021 under pressure from environmental checks underway in Hunan. According to an internal source, the company cut 50% of its APT production in April 2021, a monthly drop of 500 t. ‘We mainly serve long-term contacts. Domestic APT (88.5% min)…
Early State of Battery Recycling Business
15/04/21 | EV
Shanghai Nonferrous Metals News GEM (Wuhan) Urban Mines and Urban Mineral Recycling Industrial Park is busy preparing for the upcoming peak of battery recycling. Industry research revealed that due to a lack of supportive policies and little market incentive, a large amount of scrapped batteries end up in small recycling…
Fugu Shengxin Increases Mg Production
15/04/21 | Magnesium
Shanghai Nonferrous Metals News Shengxin Magnesium Co. Ltd increased magnesium production in April 2021 with daily output of 40 t and the company expects to produce 1.2 kt of magnesium in April 2021. Mainstream magnesium prices (95% Mg grade) are currently at RMB15,850 ~ 16,050/t (ex-works) in Fugu Shaanxi and…
Domestic W Prices on the Rise
14/04/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices trended up slightly this week, seeing mainstream prices lifting to above RMB95,000/t. Mainstream wolframite (65% WO3) is being quoted at RMB95,000~97,000/t, scheelite (65% WO3) prices are RMB94,000~96,000/t and prices for tungsten concentrate (50~55% WO3) are between RMB92,000~94,000/t. Domestic APT prices edged up slightly,…
Domestic TiO2 Pigment Prices Continue to Rise
13/04/21
Shanghai Nonferrous Metals News LoMo and Billions increased its TiO2 pigment prices by RMB1,000/t in the domestic market and by USD150/t for exports. All prices are ex-works with taxes. This is the second time that LoMo and Billions has raised its prices during 2021. Domestic TiO2 pigment prices have continued…
China Moly Works with CATL in Kisanfu Cu/Co Project Development
12/04/21 | Molybdenum
Shanghai Nonferrous Metals News China Moly and CATL Ningde reached an agreement regarding the joint development of the Kisanfu copper and cobalt project in the Democratic Republic of Congo (DRC). China Moly will be fully engaged in day-to-day project operations. The Kisanfu project has 365 mln t of ore resources,…
Ganfeng Li: 7 ktpy Li Project Settles at Yichun, Jiangxi
12/04/21 | EV
Shanghai Nonferrous Metals News 8th April: Ganfeng lithium’s new 7 ktpy lithium project (in metal) has been launched at the Yichun economic development zone, Jiangxi. Backed by total investment of RMB2.2 bln, the project includes ultra-thin lithium anode materials for high specific energy solid-state batteries, lithium molten salt electrolysis, low-temperature…