Ni Laterite Import Agreement for Linyi, Shandong
20/05/21 | Nickel
Linyin Shandong Local News 17th May: Shandong Lianlong Logistics and Philippine Kenisaike reached an agreement regarding nickel laterite exports from the Philippines to Linyi Shandong. Kenisaike has two nickel laterite mines (CMDC and DINAGAT), in the Philippines, mainly producing nickel laterite of 0.9~1.8 Ni grade. The company has received a…
Domestic W Market Remains Flat
19/05/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices remain stable, with concentrate holders firm on prices. Mainstream wolframite (65% WO3) is being quoted at RMB96,000~98,000/t, scheelite (65% WO3) prices are RMB95,000~97,000/t and tungsten concentrate prices (50~55% WO3) are RMB93,000~95,000/t. The domestic APT market continues strong, with mainstream prices lifting to RMB146,000~147,000/t,…
Li Battery Project for Funeng and Geely in Ganzhou
18/05/21 | EV
Cnal News 17th May: Funeng Technology and Geely Technology established a JV in the lithium battery business located at Ganzhou Jiangxi. Backed by total investment of RMB1 bln, the scope of business operations includes production and sales of lithium-ion battery and module systems, battery module management systems, charging systems and…
Domestic Mg Prices Soar on Rallying Coal Prices
17/05/21 | Magnesium
China Nonferrous Metals News Domestic magnesium prices soared by approximately RMB800/t from last week to average RMB22,000/t driven by rising coal and FeSi prices, tightening supply and strong downstream demand. As of 14th May, 99.9% grade mainstream primary magnesium ingot transaction prices climbed to RMB21,500~21,800/t in Fugu, Shaanxi and RMB21,000~22,000/t…
Domestic Mg Prices Soar
13/05/21 | Magnesium
Asian Metal News 12th May 2021: Domestic magnesium prices soared by RMB800/t from Monday to RMB20,300~20,600/t driven by rising coal and FeSi prices, tightening supply and strong downstream demand. Downstream buyers were active, aiming to mitigate the risk of higher magnesium prices going forward, resulting in ample transactions this week.…
CPCA: March Sales of New Energy Cars up by 98.1%
12/05/21 | EV
Shanghai Nonferrous Metals News CPCA (China Passenger Car Association): The sales of new energy cars gained by 98.1% m-o-m to 189,000 units in March 2021, a surge of 274.9% y-o-y. Of this figure, about 160,000 were all-electric cars, up 97.7% m-o-m; and 29,000 were hybrids, up 100.5% m-o-m. In Q1…
Domestic TiO2 Pigment Prices Continue to Rise
11/05/21
China Nonferrous Metals News Domestic TiO2 pigment prices continued to rise after the May Day holiday (1~8 May). On 9th May, 19 domestic TiO2 pigment producers including; Anhui Anadab, Hengtong, Fumin Longteng, Zhenjiang Titanium, Shandong Dongjia, Jinpu Titanium, CNNC, Shandong Dao’en announced that they would increase their prices by RMB1,000/t…
LoMo and Billions: 500 ktpy Ti Slag (Chloride Process) Project online
11/05/21
China Nonferrous Metals News 8th May: LoMo and Billions brought its 500 ktpy titanium slag project (chloride process) online. Backed by total investment of RMB2 bln, project construction started in February 2019. Once complete and at full capacity, it will be able to produce 300 kt of titanium slag (chloride…
CNIA: Domestic Primary Mg Production 147.3 kt in Jan./Feb.
07/05/21 | Magnesium
China Nonferrous Metals News CNIA: China produced 147.3 kt of primary magnesium during January and February, up by 23.87% y-o-y in comparison with the same period last year. Of the total figure, output in Shaanxi was 99.3 kt and in Shanxi 19.1 kt, up by 22.33% and 20.48% y-o-y respectively.…
