LoMo and Billions: 1.5 mtpy of TiO2 Pigment by end-2025
24/05/22
Shanghai Nonferrous Metals News LoMo and Billions: The company aims to increase its TiO2 pigment capacity to 1.5 mtpy and its titanium sponge and titanium alloy capacity to 80~100 ktpy by end-2025. The company will also step-up development in areas of new energy battery materials, mining, AI manufacturing and circular…
China NPI and Ni Laterite Imports in April 2022
24/05/22 | Nickel
Shanghai Nonferrous Metals News China imported 419 kt of NPI (actual tonnage) in April, down by 2.58% m-o-m but up by 32.62% y-o-y. When converted to Ni metal, China imported 60.7 kt of NPI (in Ni metal), down by 8.31% m-o-m but up by 24.72% y-o-y. China imported 2.49 mln…
Domestic Mg Prices Slide
20/05/22 | Magnesium
Asian Metal News Domestic magnesium prices have been on the decline amid a sluggish market, falling by RMB 2,000/ from last Thursday to RMB 33,000~34,000 this week. Given a strong watchful attitude from downstream buyers and increased selling intentions from smelters, industry commentators forecast domestic magnesium prices to fall further…
Domestic W Prices Continue to Drop
18/05/22 | Tungsten
China Commodity Marketplace Domestic tungsten prices have been in decline recently, and downstream buyers are cautious about restocking, despite several tungsten concentrate vendors move to cutting quotations. The market is sluggish today, seeing mainstream wolframite concentrate (65% WO3) prices falling to RMB 111,000~113,000/t, scheelite concentrate (65% WO30 prices at RMB…
Domestic Mg Prices Rebound
17/05/22 | Magnesium
China Nonferrous Metals News As of last Friday, mainstream magnesium prices at Fugu Shaanxi were being quoted at RMB 36,000/t (ex-work by cash with taxes) with mainstream transaction prices at RMB 35,000~36,000/t, rebounding by RMB 3,000/t from a low point a week ago. Following the price uptick, magnesium prices in…
Yunnan Shanshan: 300 ktpy Graphite Anode Project
16/05/22 | EV
Shanghai Nonferrous Metals News Backed by total investment of RMB 12 bln, Yunnan Shanshan’s 300 ktpy graphite anode project will be carried out in two phases, with 200 ktpy in Phase I and 100 ktpy in Phase II.
China Produces 84.2 kt of Mg in April
16/05/22 | Magnesium
Shanghai Nonferrous Metals News China produced 84.2 kt of magnesium ingot in April 2022, down by 3.02% m-o-m but up by 24.14% y-o-y. China produced 333.6 kt of magnesium ingot during the first four months of 2022, up by 25.68% y-o-y.
China Mg Exports Slow
10/05/22 | Magnesium
Asian Metal News China magnesium exports have slowed recently, amid lackluster overseas demand. However, China magnesium export prices have risen rapidly by USD 200/t to USD 5,750~5,850/t FOB China with taxes over the past few days. Industry commentators forecast magnesium export prices to be stable at the current level over…
China Produces 37.2 kt of NPI (in Ni) in April
10/05/22 | Nickel
Shanghai Nonferrous Metals News China produced 37.2 kt of NPI (in Ni metal) in April 2022, down by 4.17% m-o-m but up by 9.86% y-o-y. Of the total, 30.7 kt was high NPI and 6.7 kt was low NPI, down by 3.7% and 6.5% m-o-m respectively. Despite elevated NPI prices…
