Wa State Takes Decisive Action on Tin Mining Suspension
03/08/23 | Tin
ITA News In a resolute move, the Wa State Government has firmly enforced the suspension of all mining activities, according to the “Wa Jing Zi No. 2023-06” notice issued by the Central Economic Commission on April 15 and the subsequent “Notice on the Implementation of ‘Suspension of All Mineral Resources…
CNNC Hua Yuan Ti Increases TiO2 Prices
27/07/23
Shanghai Nonferrous Metals News 26th July: CNNC Hua Yuan Titanium Dioxide Co. Ltd announced that it had raised its TiO2 pigment prices by RMB 700/t on the domestic China market and up by USD 100/t on the global market, with immediate effect. In view of raft of stimulus policies to…
Domestic Mg Prices on the Rise
26/07/23 | Magnesium
Asian Metal News Mainstream domestic magnesium prices rose by RMB 200/t from Monday and was up by RMB 400/t from last Friday to RMB 21,100~21,500/t on Wednesday. Industrial commentators forecast domestic magnesium prices to rise further this week. According to a spokesperson from a northern smelter, “We sold 31 t…
China W Hi-Tech: Technology Upgrades for Smart Production Line of Ultrafine
24/07/23 | Tungsten
W Carbide Powder 17th July: China Tungsten Hi-Teck announced that its wholly owned subordinate, Minmetals-ZCC is to implement technology upgrades on a smart production line for ultrafine tungsten carbide powder, with a total investment of RMB 248. The expected return period for project investment is 7.9 years (before tax). This…
Ni Laterite Imports Remain at High Levels
21/07/23 | Nickel
Shanghai Nonferrous Metals News China Customs: China imported 5.29 mln of nickel ores in June 2023 (WMT and DMT combined), up by 41.6% m-o-m but down by 22.7% y-o-y. China imported 5.24 mln t of nickel laterite in June 2023, up by 41.1% m-o-m and up by 23% y-o-y. Of…
NDRC: Guarantee of Power Supply for Summer Peak Consumption
19/07/23 | Magnesium
Cnal News NDRC: With coal inventory at national-level coordinated power plants reaching a record high of 199 mln t, there is strong support to implement summer peak power consumption in 2023. In H1 2023, power generated by large power plants for industrial use reached 4,168 bln kWh, a y-o-y increase…
Domestic Mg Prices Edge Down Slightly
19/07/23 | Magnesium
Asian Metal News Mainstream domestic magnesium prices have fallen by RMB 200/t from last Friday to RMB 20,700~21,000/ this week. In light of weaker demand and cautious sentiment, industry commentators forecast prices to trend down slightly this week. The news of NDRC including new and expansion magnesium projects on the…
NDRC: “Industrial Structure Adjustment Guidance Catalogue” (2023, Draft)
17/07/23 | Magnesium
NDRC The NDRC (National Development and Reform Commission) recently released the “Industrial Structure Adjustment Guidance Catalogue (2023, Draft)”, comprising three categories: encouraged, restricted, and to be eliminated. Relevant aluminium projects in the “restricted” list of the 2023 draft include: New projects and expansion primary aluminium projects (except for capacity replacement…
Shanxi Wulong Mg Smelter Cuts Mg Production
14/07/23 | Magnesium
Asian Metal News Shanxi Wulong magnesium smelter cut its daily production from 90 t to 65 t in early July and the company expects 1,950 t of production in July, down by 800 t from June. According to an internal source, the company has curbed operations amid workers shortages at…