Xialong W Completes Mining Expansion
04/11/21 | Tungsten
China Nonferrous Metals News Xialong Tungsten Industry Co., Ltd. recently completed an expansion of mining below 86 meters at the Zuoba tungsten mine and was granted a Mineral Resources Exploration License by the Ministry of Natural Resources. The survey covers an area of 22.74 square kilometers and will expire on…
Domestic Mg Prices Continue to Fall
04/11/21 | Magnesium
Shanghai Nonferrous Metals New 3rd November 2021: Mainstream magnesium prices were being quoted at RMB28,500~29,500/t ex-works (with taxes) in Fugu Shaanxi, down by RMB3,000/t from yesterday. In Fugu, magnesium ingot transaction prices fell to RMB29,000/t. According to an internal source, the domestic market remains weak with few transactions. Magnesium producers…
Qinghai Salt Lake: 5 ktpy Mg/Al Alloy Project at Ma’anshan, Anhui
02/11/21 | Magnesium
Shanghai Nonferrous Metals News Qinghai Salt Lake announced that Telimei Magnesium – a subordinate company will – develop a 5 ktpy magnesium and aluminium alloy new material project in Ma’anshan, Anhui province. Qinghai Salt Lake plans to develop magnesium and aluminium projects outside of Qinghai to ensure a complete industrial…
Domestic Mg Prices Continue to Fall
02/11/21 | Magnesium
Asian Metal News Domestic magnesium prices slumped by approximately RMB13,000/t last week in the wake of falling prices of coal and FeSi, weaker downstream demand and fierce price competition among peers. This Monday, the sharp downward magnesium price curve eased after falling by RMB3,000/t from last Friday and stabilized at…
Domestic Li Prices Stable
29/10/21 | EV
Asian Metal News This week, despite strong lithium carbonate prices, domestic lithium (metal) prices remained steady as power rationing curbed downstream demand. Mainstream transactions prices of lithium (metal) prices were between RMB980~1,000/kg delivered (Li 99% min, Na 0.2% max, Ca 0.04% ,max), by 180-day acceptance bills, remaining stable w-o-w. With…
Domestic W Market Stable
29/10/21 | Tungsten
China Nonferrous Metals News The domestic tungsten market remained flat this week with few transactions, concentrate vendors continued to hold firm on prices and downstream smelters were cautious about restocking. Mainstream wolframite concentrates (65% WO3) were quoted at RMB112,000~114,000/t, scheelite concentrates (65% WO3) at RMB111,000~113,000/t and concentrate concentrates (50~55% WO3)…
LoMo and Billions: 200 ktpy TiO2 Pigment and Comprehensive Recovery Project for V and Sc
27/10/21
Shanghai Nonferrous Metals News Sichuan LoMo Mining, a subordinate of LoMo and Billions Group plans to invest RMB 3.5 bln to build a 200 ktpy TiO2 pigment and comprehensive recovery project of vanadium, scandium and other rare metals (associated with 1 mtpy wastewater treatment) in Yanbian county, Panzhihua city, Sichuan.…
NDRC: 2021~2025 Energy Efficiency Goals for Energy Intensive Industries
22/10/21
Cnal News NDRC along with other relevant state departments issued the “Action Plan for Energy Efficiency Control and Acceleration of Energy Conservation and Decarbonation in Key Industries of Metallurgy and Building materials (2021-2025)”. Industries involved are; iron and steel making, primary aluminium, cement, flat glass, oil refining, ethylene, synthetic ammonia,…
Domestic Mg Prices Soar to RMB41,751/t in September
15/10/21 | Magnesium
China Nonferrous Metals News Domestic magnesium prices soared to RMB41,751/t in September, up by 229% m-o-m. The average magnesium prices from January to September 2021 grew by 51.26% y-o-y to RMB20,424/t. The ‘dual control’ policy as well as power rationing implemented in major magnesium producing provinces has led to suspensions…
