Lubei Chemicals Expands Aa Capacity to 2mtpy
17/03/20 | Alumina
Asian Meatal News Lubei Chemicals has decided to expand its alumina capacity from its current level of 1 mtpy to 2 mtpy by end-2021. According to an internal source, the 1 mtpy expansion project commenced construction recently and is scheduled for completion in 18 months. Backed by total…
262 kt Guinean Bx at Shandong Yantai Port
17/03/20 | Bauxite
Cnal News Shandong Yantai Port unloaded 262 kt of Guinean bauxite on 16th March 2020 after the arrival of 300 kt-cargo ship GEMMA on 13th March 2020. Since Chinese New Year (23rd January), 21 shipments of Guinean bauxite totaling 2.87 mln t have arrived at Yantai in Shandong,…
Surigao Philippines: No Entrance of Foreign Cargos Ships in March
16/03/20 | Nickel
SMM News SMM: Surigao Port, The Philippines has banned the entrance of all foreign cargo ships from 18th March to 31st March 2020. Surigao is a major nickel laterite producing region in The Philippines, with good quality ores. The policy is likely to have limited impact on Philippine nickel…
Domestic Aa Supply to Increase on Rising Prices
16/03/20 | Alumina
Cnal News Raw material supply shortages as a result of the COVID-19 pandemic curtailed domestic alumina capacity by 6.08 mtpy as of early March 2020. Average daily alumina output dropped to 171.5 kt, falling by 16.5 kt from the pre-CNY holiday period. Prior to the CNY holiday (23rd January…
Fujian Tianbao Resumes Mo Mining
13/03/20 | Molybdenum
Asian Metal News Fujian Tianbao, a molybdenum miner in Fujian with capacity of 6 ktpy will restart mining on 16th March 2020 after being suspended since 15th January 2020. The company originally planned to restart on 15th February 2020 but delayed until 15th March due to a lack of…
Domestic Primary Al Inventory up by 105 kt
13/03/20 | Aluminium
Cnal News 12th March: Total domestic aluminium inventory at China’s major store houses increased by 105 kt from last Thursday to 1.59 mln t, including 144 kt in Shanghai, 615 kt in Wuxi, 409 kt in Nanhai, 123 kt in Hangzhou, 219 kt in Gongyi, 57 kt in Tianjin,…
China Al Industry & COVID-19
13/03/20 | Aluminium
Shanghai Nonferrous Metals News The epidemic of COVID-19 has had limited direct impact on domestic primary aluminium smelters with no production cuts in the short-term. Domestic primary aluminium output rose by 6.9% y-o-y to 2.87 mln t in February 2020, with annual operational capacity of 36.6 mtpy during the…
2019 Domestic Mg Output 969 kt
12/03/20 | Magnesium
Shanghai Nonferrous Metals News CNIA: China produced 969 kt of primary magnesium in 2019, up 12.2% y-o-y. Domestic magnesium prices fell by 3.3% y-o-y during 2019 to average RMB15,949/t, putting domestic smelters under pressure of a y-o-y decline in profit margins. China consumed 485 kt of magnesium and products in…
Domestic Mg Prices on the Decline
12/03/20 | Magnesium
China Nonferrous Metals News This week, domestic magnesium prices continued to fall on increased coal supply and declining raw material prices. As of 6th March, primary magnesium ingot (99.9% grade) was being quoted between RMB 14,000/t in Fugu Shaanxi, RMB 14,100/t in Taiyuan Shanxi and RMB 14,200~14,300/t in Wenxi Shanxi,…