First Shipment of Delong NPI Underway to China
24/01/22 | Nickel
Fubao News 20th January 2022: A 13.68 kt NPI shipment departed Sulawesi Indonesia for China ports. This is the first NPI shipment to China produced from Phase III of China Delong (Virtue Dragon) and Indonesian GNI’s development.
Domestic Mg Prices Slide
13/01/22 | Magnesium
Shanghai Nonferrous Metals News 12th January 2022: Mainstream primary magnesium (90% grade) is being quoted at RMB 47,000~48,000/t, down by RMB 1,500/t from Tuesday. Industry commentators forecast domestic magnesium prices to continue hovering around this level before the Chinese New Year holiday (1 February 2022) amid weaker price prospects.
Bao Steel Group: 300 ktpy Mg Alloy Project in Chizhou, Anhui
12/01/22 | Magnesium
China Nonferrous Metals News Backed by total investment of RMB14.8 bln from Bao Steel Group and Yunhai Metals, the Baomei 300 ktpy magnesium alloy project has been launched at Qingyang Economic Zone, Chizhou, Anhui, with project construction starting immediately. The project includes mining, ore processing, magnesium smelting and magnesium alloy…
Domestic W Prices Increase
07/01/22 | Tungsten
China Commodity Marketplace Ganzhou Tungsten Association has published its guide prices for January 2022, raising wolframite concentrate (55% WO3) prices by RMB 5,000/t m-o-m to RMB 110,000/t. APT prices up by RMB 8,000/t m-o-m to RMB 171,000/t and wolframite powder (medium grain) prices up by RMB 2/kg to RMB 257/kg.…
3 mtpy NPI Project for Delong, Indonesia
06/01/22 | Nickel
Shanghai Nonferrous Metals News Backed by Jiangsu Delong, the new 3 mtpy Delong NPI project is located at the Morowali industrial park in Indonesia. The park was recently recognized as an Indonesian National Import and Export Duty-free zone. The project was designed with 3 mtpy NPI and 2.5 mtpy stainless…
Domestic Mg Prices on the Rise
05/01/22 | Magnesium
Asian Metal News Mainstream domestic magnesium prices soared by RMB 1,000/t from end-December to RMB 50,000~51,000/t today, driven by concerns about whether existing semi-coke making equipment will be phased out going forward. Industrial commentators project domestic magnesium prices to rise further over the short-term, given tightening semi-coke supply and rising…
SEEE: 2021 CEA Transaction of 179 mln t
04/01/22
Cnal News SEEE (Shanghai Environment and Energy Exchange): China ETS system (Emission Trade System) has been operating smoothly since its establishment on July 16 2021. As of 31st December, 179 mln t of CEA (China Emission Allowance) had been traded with a total turnover of RMB 7.66 bln, involving more…
Domestic Mg Prices Soar on Semi-coke Uncertainties
28/12/21 | Magnesium
Asian Metals News News released from MEE (Ministry of Ecology and Environment) on 22nd December, regarding environmental issues arising from the phase out of obsolete semi-coke capacity in Yulin, Shanxi has stirred the market with concerns of semi-coal/magnesium supply problems going forward. In response, domestic magnesium prices soared on 22nd…
Yulin Shaanxi: 474 kt Mg Production, January – November 2021
27/12/21 | Magnesium
Shanghai Nonferrous Metals News From January to November 2021, Yulin Shaanxi produced 501 mln t of coal, 29.26 mln t of coking coal, 485.5 kt of primary aluminium and 474 kt of primary magnesium, up 6.5%, down by 16.5%, down 5.8% and down by 5.2% y-o-y respectively.
