Antaike: Shrinking Aa Supply Propping Prices
01/08/19 | Alumina
China Nonferrous Metals News Northern refineries in China faces worsening losses at present, in the wake of continued falling alumina prices. According to Antaike, full production costs of northern refineries stand between RMB 2,600~2,700/t, higher than the current transaction price of RMB 2,500/t or lower. One Henan refinery has reportedly…
Jinchuan WP NPI Project Online
31/07/19 | Nickel
Shanghai Nonferrous Metals News 29th July: The No. 3 NPI production line of the Jinchuan WP&RKA Nickel project in Indonesia has yielded a first batch of NPI. This marks significant progress after Jinchuan’s No. 4 NPI production line came online in May 2019. At present, Jinchuan WA&RKA’s No. 3 and…
Domestic W Market Stable
31/07/19 | Tungsten
China Nonferrous Metals News The domestic tungsten market appears stable. At present, tungsten concentrate prices are holding firm and miners are reluctant to sell at low price levels. Wolfram (65% grade) mainstream quotations are at RMB 73,000~74,000/standard t; sheelite (65% grade) is at RMB 72,000~73,000/standard t and tungsten concentrates (50~55%…
Wanji: 264.3 kt Al Output in H1 2019
31/07/19 | Aluminium
Shanghai Nonferrous Metals News Wanji Holding Group Co. Ltd. produced 264.3 kt of primary aluminum in H1 2019, up 16.43% on-year, while carbon anode output was 131.9 kt, up 36.68% on-year. Read More
QME: First Aa Non-standard Warehouse Transaction
31/07/19 | Alumina
Alu News Shenzhen Qianhai Mercantile Exchange (QME) recently completed its first batch of non-standard warehouse alumina transactions, marked by confirmation from the buyer. Differing from online transfer settlement of standard warehouse transactions, non-standard transactions are negotiated between buyer and seller according to their actual needs, with settlement closed offline at…
Tianyuan Chemical to Start Bx Production Next Month
30/07/19 | Bauxite
Asian Metal News 30th July: Xiaoyi Tianyuan Chemical, with alumina capacity of 400 ktpy, intends to start bauxite production in August this year. A source from the company says they have a bauxite mine located about 65 kilometers from their alumina refiner, covering an area of 0.68 square kilometers. The…
Huaxing Aluminium: Resumption of Aa Production Line
30/07/19 | Alumina
Asian Metal News 30th July: Chalco Huaxing Aluminium, with total alumina capacity of 2 mtpy, has resumed one alumina production line with 500 ktpy capacity. Huaxing Aluminium has three alumina production lines, one with 1 mtpy capacity, and two 500 ktpy lines that have been shut down for the past…
Huiyuan Aluminium To Suspend Aa Production
30/07/19 | Alumina
Asian Metal News 30th July: Huiyuan Aluminium, with alumina capacity of 800 ktpy, intends to suspend alumina production. A company spokesman says that the suspension will start mid-August and there is no plan to resume production within three months. The company’s alumina prices declined by RMB 400/t in July,…
Sliding Aa Prices and Firm Al Prices in the Domestic Market
Alu News Domestic alumina prices have fallen rapidly, by nearly 20%, since mid-June to date, causing significant losses for the majority of domestic alumina refineries. By contrast, domestic aluminium prices have been stable and improved profit margins have stimulated domestic smelters to increase their operational capacities. Destocking of primary aluminium…
