Domestic W Prices Steady
19/01/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices held firm this week after high-end prices rebounded to RMB90,000/t last week. Domestic miners and traders increased sales but downstream producers still experienced difficulties sourcing low-prices concentrates. Mainstream wolframite (65% WO3) is being quoted at RMB88,000~90,000/t, scheelite (65% WO3) prices are RMB87,000~89,000/t and…
IM Naiman Jing’an: 18 NPI EFs to Come on Line in Mid-2021
15/01/21 | Nickel
Tengxun News IM Naiman Jing’an Nonferrous Metal Co. Ltd.’s brought its 1.29 mtpy stainless steel project online 27th November 2020. Before that, six of a total 18 x 33,000 kVA NPI EFs were ready to come online in 2020. Construction of the remaining 12 NPI production lines is complete, and…
Domestic Mg Prices Decline
14/01/21 | Magnesium
China Nonferrous Metals News Domestic magnesium prices fell rapidly amid weakening downstream demand. As of 8th January 2021, mainstream magnesium transaction prices were RMB14,000/t in Fugu Shaanxi, falling by RMB1,500/t from a high point before the New Year holiday. In Wenxi Shanxi, prices were RMB14,400/t; prices in other producing regions…
Domestic W Concentrate Prices Edge up
13/01/21 | Tungsten
Shanghai Nonferrous Metals News As of 12th January 2021, domestic wolframite concentrate (65% Wo3) prices rose by RMB3,000/t from RMB85,500/t in mid-December 2020 to RMB88,500/t. According to SMM, many tungsten miners have halted operations due to environmental reasons, restricted electricity supply and maintenance prior to Chinese New Year. As a…
China Produces 771 kt of Mg from Jan.~Nov. 2020
13/01/21 | Magnesium
China Nonferrous Metals News CNIA: China produced 770.7 kt of primary magnesium during the first 11 months of 2020, down by 0.47% y-o-y. Of the total, Shaanxi’s magnesium output was 514.7 kt, up 10.57% y-o-y, Shanxi 96.5 kt, down 15.82% y-o-y and Ningxia 47.4 kt, down 8.01% y-o-y. CNIA estimates…
China Produces 37.3 kt of NPI in December 2020
12/01/21 | Nickel
Shanghai Nonferrous Metals News SMM: China produced 37.3 kt of NPI (in Ni metal) in December 2020, down 12.5% m-o-m. A large high-NPI smelter in eastern China cut operations by 50% in December, while other smelters cut or suspended operations amid tightening raw material supply. A glut in NPI supply…
Tianqi Li: 34.5 ktpy Li Carbonate Capacity
08/01/21 | EV
Shanghai Nonferrous Metals News Tianqi Lithium Co. Ltd. currently has 34.5 ktpy of lithium carbonate capacity and 5 ktpy of lithium hydroxide capacity. In addition, a 48 ktpy lithium hydroxide project and a 20 ktpy battery grade lithium carbonate project are under construction. The 24 ktpy lithium hydroxide project, located…
Domestic W Prices Rebound Slightly
08/01/21 | Tungsten
China Commodity Marketplace Propped by tightening spot supply caused by reduced mining operations prior to the 2021 Chinese New Year in February, the domestic tungsten market remains stable this week. Mainstream wolframite (65% WO3) is being quoted at RMB87,000~89,000/t, scheelite (65% WO3) prices are RMB86,000~88,000/t and tungsten concentrate prices (50~55%…
LoMo and Billions to Expand Chloride TiO2 Pigment Project
07/01/21
Asian Metal News LoMo and Billions released the 1st environmental assessment report into its 100 ktpy chloride TiO2 pigment project for soliciting public opinion on 31st December 2020. The 100 ktpy chloride TiO2 pigment expansion project is located at Billions’ old site at the western industrial Park in Jiaozuo Henan.…