Domestic Al Producers to Restart Next Week
13/02/20 | Aluminium
Shanghai Nonferrous Metals News SMM: Approximately half of domestic aluminium producers submitted requests to restart production on 10th February, but the actual resumption date may be delayed further. According to SMM, most producers will restart next week, with resumption dates for small-medium producers as yet undecided. It is expected that…
SPIC Shanxi: Aa Line under Maintenance
12/02/20 | Alumina
Asian Metal News SPIC Shanxi was designed with 3 mtpy alumina capacity with 500 ktpy capacity across six production lines. The company suspended one production line for maintenance in early February, with completion expected late in the month. The company’s January output was 240 kt, and February output is…
Majority of Domestic Producers to Resume Operations Late Feb.
12/02/20 | Alumina
Majority of Domestic Producers to Resume Operations Late Feb. Fubao News According to a recent notice published by the authority of Gongyi, Henan, local producers must submit resumption requests and pass assessment before restarting operations. Local producers are required to resume operations in three groups after 10 February, 17…
Domestic Primary Al Inventory Increases by 90 kt
11/02/20 | Aluminium
Shanghai Nonferrous Metals News Primary aluminium inventory at social warehouses climbed by 90 kt to 1.04 mln t due to continued train shipments and restricted road transport. As of 10 Feb., primary aluminium inventories at Shanghai warehouses were; 107 kt, Wuxi 365 kt, Nanhai 230 kt, Hangzhou 113…
Henan Sanmenxia Yixiang Halts 450 ktpy Aa Line
11/02/20 | Alumina
Baichuan News Sanmenxia Yixiang suspended its 450ktpy alumina production line and restarted a small 100 ktpy production line that has previously been under suspension, as a result of recent raw material supply shortage in the wake of the NCP outbreak. If raw material supplies tighten further, the 100 ktpy production…
Domestic Aa Prices On the Rise
11/02/20 | Alumina
Aladdiny News Aladdiny: Coal gas supply for alumina refineries in Henan continues tight, resulting in decreased alumina output in local areas. Henan East Hope Sanmenxia maintained their operation at 1.2 mtpy, while Kaiman Aluminium was at 1.8 mtpy. Heung Kong Wanji cut their operational capacity further to 600 ktpy last…
Yunnan Shenhuo Delays Operational Plan
10/02/20 | Aluminium
Cnal News Yunnan Shenhuo had originally scheduled bringing its 450 ktpy primary aluminium project online immediately after the Chinese New Year Holiday (3 February, 2020), but is now postponing the plan until after 10 February due to quarantined workers. The original commencement date had already been altered slightly due to…
SMM: NCP Interrupts Transportation at Aa Refineries
10/02/20 | Alumina
SMM News SMM: At present, transport to and from alumina refineries is severely disrupted by the spread of NCP (Novel Coronavirus Pneumonia), resulting in slowed new raw material arrivals and deliveries of alumina. Domestic bauxite supply has been short at some refineries, in particular at refineries using HT production lines…
China Moly: 2019 Net Profit Declines
07/02/20 | Molybdenum, Tungsten
East Money News China Moly: The expected range of net profits of the company attributable to shareholders of listed companies is estimated at RMB1.7~ 2 bln for 2019, a decrease of 56.86%~63.33% y-o-y. The main reason for the decline can be attributed to the sharp y-o-y drop in prices of…