Domestic W Prices Remain Firm
02/03/20 | Tungsten
China Commodity Marketplace Despite increased mine operations, domestic supply of tungsten concentrates remained tight this week and miners continued to hold firm on prices. At present, wolframite (65% grade) mainstream quotations are at RMB94,000~96,000/standard t; scheelite (65% grade) is at RMB93,000~95,000/standard t and tungsten concentrates (50~55% grade) at RMB91,000~93,000/standard…
CNIA: 2019 Primary Mg Output 845 kt
02/03/20 | Magnesium
China Nonferrous Metals News CNIA: China produced 844.8 kt of primary aluminium in 2019, up 12.74% y-o-y. Of this amount, output in Shanxi was 517.6 kt, and Shanxi was 117.1 kt, up 20.04% and up 18.29% y-o-y respectively. Output in Ningxia was 58.5 kt, down 10.65% y-o-y. Source
Bayuquan Port Liaoning January 2020: 120 kt Aa Imports
02/03/20 | Alumina
Asian Metal News Bayuquan Port in Liaoning loaded and unloaded 120 kt of alumina imports in January 2020, which was an all-time high. According to an internal source, a total of 150 kt imported alumina was handled at Bayuquan Port in 2019. China imported approximately 1.6 mln t of alumina…
CNIA: A 76.5% Resumption Rate for Nonferrous Metals Industry
28/02/20 | Aluminium
China Nonferrous Metals News CNIA: As of 26th February, the average operational rates of 1,093 surveyed members of CNIA were 76.5% with 72.2% of workers returning to work. During the COVID-19 epidemic period, the average capacity utilization rates of non-ferrous metals producers (the typical ten kinds of nonferrous metals)…
Domestic Al Inventory Continues to Increase
28/02/20 | Aluminium
SMM News 27th February 2020: Total domestic aluminium inventory at China’s major store houses increased by 155 kt from last Thursday to 1.385 mln t, including 121 kt in Shanghai, 527 kt in Wuxi, 120 kt in Hangzhou, 210 kt in Gongyi, 326 kt in Nanhai, 57 kt in…
Guizhou Denggao Targets 250 ktpy Primary Al Output in 2020
28/02/20 | Aluminium
Asian Metals News Guizhou Denggao New Materials, name plate capacity of 250 ktpy, is targeting 250 kt aluminium output in 2020, up 39% y-o-y. The smelter had been running at half capacity (125 ktpy) during H1 2019 , commenced full capacity (250 ktpy) since October 2019 and produced 180…
Yunnan Heqing Yixin Phase II to Come on Line in April
28/02/20 | Aluminium
Cnal News 6th February: Yunnan Yixin’s 450 ktpy hydropower-aluminium project Phase II became operational after 84 sets of electrolytic cells were powered up, with total 330 ktpy capacity in operation at present. The company will power up the remaining capacity gradually due to a lack of workers and full…
China Imported 2.68 mln t of Ni Laterite in Jan.2020
27/02/20 | Nickel
Shanghai Nonferrous Metals News China imported 2.68 mln t of nickel laterite in January 2020, down 1.64 mln t or 38% on-month but up 7.4% on-year. Indonesian imports were 1.38 mln t, down 44% on-month and down 11.9% on-year; Philippine imports were 1.01 mln t, down 34.1% or 526…
China Zhongwang Al Sells 100% Equity to Henan Yidan
27/02/20 | Aluminium
Shanghai Nonferrous Metals News 26th February: China Zhongwang Group announced that the company’s subordinate Zhongwang Aluminium Co. Ltd is set to sell 100% of its equity to Henan-based Yidian at Luoyang for RMB4.6 bln. Zhongwang Aluminium Co. Ltd is a fully owned subordinate of Zhongwang Group, with its…