Lianyungang Huale on Maintenance
03/02/21 | Nickel
Asian Metal News Huale NPI smelter in Lianyungang Jiangsu, mainly produces high-NPI (10% Ni minimum grade). The company suspended NPI production for maintenance in late January 2021 and plans to restart in March 2021. Designed with NPI smelting capacity of 540 ktpy, the company mainly uses Philippine nickel laterite for…
IM Yunsheng Mg Suspends Operation
02/02/21 | Magnesium
Asian Metal News IM Yunsheng magnesium smelter suspended operations on 25th January 2021, reducing its January output by 200 t on-month accordingly. According to an inside source, the company halted operations last week amid low prices and plans to restart after February. The company will resume normal operations in March…
Operational Status of Domestic Li Producers
01/02/21 | EV
Shanghai Nonferrous Metals News SMM: Several domestic lithium carbonate producers are under maintenance during January and February, curbing production by approximately 2 kt per month. In comparison, most lithium hydroxide producers are operating as normal, mainly driven by increasing overseas demand. Most downstream battery material producers will continue normal operations…
Suspension of Four W Miners in December 2020
29/01/21 | Tungsten
Asian Metal News Four domestic tungsten miners, including two in Hunan, one in IM and one in Guangdong, suspended operations in December 2020. A total of 7.3 kt of tungsten mining capacity is involved. Source
Domestic W Prices Remain Firm
28/01/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices held firm this week, seeing mainstream prices lifting to RMB90,000/t. Reduced mining operations curbed spot supply of concentrates and drove prices accordingly prior to the Chinese New Year holiday. Mainstream wolframite (65% WO3) is being quoted at RMB89,000~91,000/t, scheelite (65% WO3) prices are…
Domestic Mg Prices Edge Down Slightly
28/01/21 | Magnesium
China Nonferrous Metals News Recent domestic magnesium prices have been in decline. Early this week, mainstream magnesium transaction prices fell by RMB100~200/t w-o-w to RMB 13,900~14,000/t (ex-works by cash) in Fugu Shaanxi and RMB14,200~14,300/t (ex-works by cash) in Wenxi Shanxi. As of this week, domestic magnesium prices had dropped by…
Gansu Guotai: First Batch of Ti Sponge Output
26/01/21
China Nonferrous Metals News Gansu Guotai Metals Co. Ltd., a JV co-established by LoMo and Billions’ subordinate Yunnan Guotai and Jinchuan Group, produced its first batch of titanium sponge on 14th January 2021. Backed by total investment of RMB1.8 bln, the 30 ktpy titanium sponge project will be developed in…
Ganfeng Lithium: 81 ktpy of Li Hydroxide and 40.5 ktpy of Li Carbonate
20/01/21 | EV
Shanghai Nonferrous Metals News Jiangxi Ganfeng Lithium has 81 ktpy of lithium hydroxide capacity and 40.5 ktpy of lithium carbonate capacity. According to a company representative, the company’s lithium products will be in short supply over the short term, especially in January and February 2021 due to Chinese New Year…
Zhangyuan W and Achteck: Advanced Hi-Tech Producers
20/01/21 | Tungsten
Asian Metal News 19th January 2021: Zhangyuan Tungsten announced that it and subordinate – Achteck Cutting Tools Co. Ltd – have been classified as ‘Advanced Hi-Tech Producers’ by relevant local authorities. Zhangyuan Tungsten earned this title in 2011, 2014 and 2017 respectively, each effective for three years. Achteck first earned…