Chihong Zn & Ge: 1H 2020 Operational Revenue of 8.26 bln
01/09/20 | Zinc
Shanghai Nonferrous Metals News Yunnan Chihong Zinc & Germanium Co., Ltd. realized an operating income of RMB8.26 bln during 1H 2020, down 15.21% y-o-y. Net profit attributable to shareholders of listed companies was RMB369 mln, down 47.08% y-o-y. The company produced 160.7 kt of lead and zinc metal during H1…
Domestic Mg Prices Continue to Fall
01/09/20 | Magnesium
China Nonferrous Metals News As of 28th August, domestic magnesium ingot was being quoted at RMB12,650/t in Fugu Shaanxi with mainstream transactions closing at RMB12,600~12,650/t, down by RMB100/t from the previous Friday. Prices for ingot in other major producing areas followed the downward trend. To date, domestic magnesium prices have…
China Moly: Operational Revenue Surges in H1 2020
31/08/20 | Tungsten
Finance News 30th August, China Moly’s H1 2020 report showed that the company’s operating revenue reached RMB 46.7 bln, a surge of 368.44% y-o-y. The company produced 7,070 t of molybdenum and 4,664 t of tungsten during H1 2020. Source
Domestic Ti Market Remains Stable
31/08/20
China Nonferrous Metals News The Panzhihua titanium market was stable last week. With shrinking supply, prices of imported titanium ore are holding firm. Prices of titanium sponge have been rising, driven by tightening supply. Domestic titanium sponge producers hold limited stocks, and some have orders lined up through to October.…
Zhuzhou Smelter Group: 229 kt of Zn Output for H1 2020
27/08/20 | Zinc
China Commodity Marketplace The operating revenue of Zhuzhou Smelter Group was RMB7.28 bln in H1 2020 up 73.79% y-o-y. The net profit attributable to shareholders of listed companies was RMB94 mln. Zhuzhou Smelter Group produced 229 kt of zinc in H1 2020, with production costs under control. Source
China Imports 4.9 mln t of Ni Laterite in July
27/08/20 | Nickel
Shanghai Nonferrous Metals News China imported 4.9 mln t of nickel laterite in July, up 41.9% m-o-m but down 9.56% y-o-y. Of these imports the Philippines imports reached 4.39 mln t, up 42.9% m-o-m and up 18.1% y-o-y; there are 119.8 kt of Indonesian nickel laterites pending declaration at Chinese…
Zhenshi Group’s 1st NPI Shipment Underway to China
26/08/20 | Nickel
My Steel News 23rd August: The first shipment of Zhenshi Group’s JV Yashi NPI project in Indonesia is expected to arrive at Chinese ports in September. Phase I of the Yashi NPI project is located in the Weidabei Industrial Park, Indonesia. The project has four production lines and will be…
New Mine for Zhangyuan W
25/08/20 | Tungsten
Asian Metal News According to its H1 2020 report, Zhangyuan Tungsten has acquired the mining rights and associated assets of the Huangzhulong Tungsten mine in Chongyi County. Zhangyuan Tungsten now owns the mining rights of six tungsten mines, exploration rights of six tungsten deposits, four tungsten smelters, four wholly-owned subordinate…
Energy China Gezhouba Wins Ni Laterite Project in Indonesia
20/08/20 | Nickel
Shanghai Nonferrous Metals News China Energy Engineering Group Co., Ltd (Energy China) Gezhouba Branch and Indonesia PT.OTI EYA ABADI Mining Co., Ltd. signed a contract for nickel laterite mining and transportation in Indonesia, worth USD160 mln. The project is located at Morowali County, in the central Sulawesi province, Indonesia. It…
