Domestic W Market Remains Stable
02/06/20 | Tungsten
China Commodity Marketplace Domestic tungsten market remains stable at present. Despite more incentives to sell, tungsten miners are still holding firm on prices. Mainstream wolframite prices are RMB82,000~84,000/t (65% WO3), scheelite prices are RMB81,000~83,000/t (65% WO3) and tungsten concentrate prices at RMB79,000~81,000/t. The domestic APT market appears flat, seeing mainstream…
Xiaoyi Huaqing: 100 kt of Bx from Captive Mines in July
02/06/20 | Bauxite
Asian Metal News Shanxi Xiaoyi Huaqing refinery is preparing to begin mining at its captive bauxite mines in mid-June and it is targeting 100 kt output for July 2020. The company’s bauxite mines have estimated resource reserves of 40 mln t, and is designed with 4 mtpy mining capacity. After…
Ivory Cost: First Bx Shipment to China
02/06/20 | Bauxite
Shanghai Nonferrous Metals News On 29 May 2020, the Director-General of the Autonomous Port of Abidjan (PAA), Mr. Hien Yacouba SIE, witnessed the launch of the first shipment of 20 kt of bauxite, from the bulk terminal. The cargo is bound for China, from mines operated by the company Lagune…
Guinea AGB2A: 204 kt of Bx Shipment to China
02/06/20 | Bauxite
30th May: Guinea’s AGB2A reported the successful completion of loading its first bauxite cargo of 203.5kt (wet) bound for China. The company completed construction of its own port in 2019 and the automated terminal has increased loading efficiency significantly. Source
LoMo and Billions to Expand TiO2 Pigment Capacity in Jiaozuo
01/06/20
Sina Finance News LoMo and Billions reached an agreement regarding technology cooperation with the German Ti-Cons Technology Consulting GmbH. Under the agreement, LoMo aims to gradually increase the capacity of its first TiO2 pigment production line in Jiaozuo from 60 ktpy to 100 ktpy. Source
Domestic Mg Prices Edge up Slightly
01/06/20 | Magnesium
Shanghai Nonferrous Metals News Domestic magnesium prices edged up slightly in the wake of increased production cuts at smelters and rising FeSi prices. At present, mainstream magnesium transaction prices are RMB13,100~13,200/t in Fugu Shaanxi and RMB13,500~13,600/t in Wenxi Shanxi. Several magnesium smelters started maintenance ahead of their original schedules last…
Shandong: Energy Saving Supervision of Five Key Industries
01/06/20 | Aluminium
Shanghai Nonferrous Metals News 28th May: Department of Industry and Information Technology of Shandong issued “Notice on Energy Conservation Supervision of Key Industries“. The notice provides details about supervision of the implementation of energy consumption quota standards in five key industries during 2019. Industries included are steel, cement, primary aluminum,…
China Exports 38.23 kt of Mg Products in April
29/05/20 | Magnesium
Shanghai Nonferrous Metals News China exported 38.23 kt of primary magnesium and magnesium products in April 2020, down 38.89% m-o-m while up by 0.92% y-o-y. Of these, primary magnesium (ingots) exports were 21.89 kt in April, down 44% m-o-m but up 3.54% y-o-y. Exports of magnesium ingot and magnesium products…
SMM: Domestic Primary Al Inventory Drops
29/05/20 | Aluminium
Shanghai Nonferrous Metals News 28th May 2020: Total domestic aluminium inventory at China’s major store houses dropped by 86 kt from last Thursday to 893 kt, including 123 kt in Shanghai, 354 kt in Wuxi, 108 kt in Hangzhou, 51 kt in Gongyi, 180 kt in Nanhai, 58 kt in…