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…
Domestic W Market Stable
14/10/21 | Tungsten
China Commodity Marketplace News The domestic tungsten concentrate market remains stable with a slight increase this week. Mainstream wolframite concentrate (65% WO3) prices at RMB110,000~112,000/t, scheelite concentrate (65% WO3) prices at RMB110,000~111,000/t and tungsten concentrates (50~55% WO3) at RMB107,000~110,000/t. Mainstream APT quotations increased to RMB169,000~172,000/t. Buoyed by rising subsidiary materials…
MNR: 2021 Annual Production Quotas for REs and W Ore
08/10/21 | Tungsten
SMM News 8th October 2021: MNR (Ministry of Natural Resources) and MIIT (Ministry of Industrial and Information Technology) published the annual rare earths and tungsten production quotas for 2021. The 2021 annual rare earths (REO) production quota is 168,000 t, including 148,850 t of rock type rare earths (light) and…
