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…
Domestic W Market Stagnant
07/02/20 | Tungsten
China Commodity Marketplace 6th February: Ganzhou Tungsten Association announced that due to the outbreak of 2019-nCoV and the extended holiday of most producers, publication of the February tungsten guide price will be delayed. At present, tungsten concentrate supply has been further tightening, showing a bullish market outlook going forward. Jiangxi…
Antaike: Review of Domestic Aa Market
07/02/20 | Alumina
Cnal News At the beginning of 2020, domestic alumina prices stopped falling and were showing an upward trend. Before Chinese New Year (24 January 2020), local refineries in Shanxi, Henan and Shandong were required to suspend alumina calcination processing due to severe air pollution alerts, curtailing overall national output…
China Dec. NPI Imports of 198 kt
06/02/20 | Nickel
Shanghai Nonferrous Metals News China imported 198 kt of NPI in December 2019, up 64% y-o-y but down 13% m-o-m. Indonesian remains the largest NPI supplier to China with its December exports of 136.5 kt, up 61% y-o-y. Source
Shanxi Xiaoyi Huaqing Cuts 50% Operation
06/02/20 | Alumina
Asian Metal News 4th Feb.: Shanxi Xiaoyi Huaqing refinery, designed with alumina capacity of 450 ktpy, cut its operations by 50% two days ago. According to an internal source, the company could not obtain sufficient raw material supply including coal and liquid caustic soda due to interrupted road transport…
Review of Domestic Aa Inventory after Chinese New Year
06/02/20 | Alumina
Sina Finance News Aa port inventory: Alumina inventory at Chinese ports totals 882 kt, with 60 kt at Lianyungang Port, 460 kt at Qingdao Port, 37 kt at Rizhao Port, 190 kt at Bayuquan and 135 kt at ports in Guangxi. New alumina arrivals in February 2020 are expected to…
350 ktpy Primary Al Huomei Hongjun Project Progressing
06/02/20 | Aluminium
Sina Finance News Secretary of the Board of Huomei Hongjun announced that the company’s 350 ktpy primary aluminium project has been formally launched with all bidding documents, project design and other supervision paperwork ready for a third-party review and assessment. At present, electricity generated by its captive plants are able…
