Mine Rectification at Xinyu Jiangxi
07/05/21 | Tungsten
China Mining News In response to environmental problems discovered by the 4th Central Government Environmental Inspection Group in April 2021, the local authorities of Xinyu Jiangxi have formulated a case specific rectification plan according to the principles of “one producer one policy” and” one mine one policy”, which is applicable…
China Tungsten Hightech Material: Operational Revenue of RMB9.9 bln in 2020
07/05/21 | Tungsten
China Tungsten Hightech Material Co. Ltd., a subordinate of Minmetals, achieved RMB 9.92 bln in operational revenue in 2020, with an average annual compound growth rate of 6% 2016~2020. The company’s total profit in 2020 was RMB370 mln, reversing a loss of RMB530 mln by end-2015. During the 14th Five-Year-Plan…
Xinfeng Huarui APT Smelter Resumes Operation
30/04/21 | Tungsten
Asian Metal News Xinfeng Huarun APT smelter in Jiangxi, designed with 5 ktpy of APT (88.5% min grade) capacity, resumed operations this week after completion of environmental checks. The company halted operations in mid-April under pressure of environmental checks, curbing its April output to less than 200 tonnes. The company…
State Council: Tariff Changes for Some Iron and Steel Products
30/04/21
China Mining News The Tariff Commission of the State Council has announced tariff changes to some iron and steel products effective 1st May 2021. A temporary import tariff of “0” will be imposed on products such as pig iron, crude steel, recycled iron/steel raw materials, FeCr and other related products.…
Shaanxi: Strict Control of Hi-energy Consumption Projects Focuses on Coal
29/04/21
Asian Metal News The local authority of Shaanxi recently announced that in view of carbon peak requirements of 2030, the local government will continue to rein in hi-energy consumption projects – particularly coal related projects. Some small thermal-power generators, small semi-coke projects and small coal chemical project will be gradually…
JXTC Ganzhou FeW Smelter to Halt Operations
27/04/21 | Tungsten
JXTC Ganzhou FeW Smelter to Halt Operations Asian Metal News JXTC Ganzhou FeW Alloy, the largest FeW smelter in China is set to halt operations and carry out maintenance for a month starting from early May 2021. The company produced 380 t of FeW in April, and aims to resume…
Domestic W Prices Rebound Slightly
23/04/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices have been on a steady upward trend, approaching RMB10,000/t this week. Mainstream wolframite (65% WO3) is being quoted at RMB97,000~99,000/t, scheelite (65% WO3) prices are RMB96,000~98,000/t and tungsten concentrate prices (50~55% WO3) are RMB94,000~96,000/t. The domestic APT market continues strong, with mainstream prices…
IM Heyi Restarts two NPI Lines after Maintenance
23/04/21 | Nickel
Asian Metal News IM Heyi, a major NPI smelter (10% Ni) in IM, is set to restart two production lines next week after completing maintenance. According to an internal source, the company expects to increase its NPI output by 4 kt in May after the restart. Designed with NPI production…
China Imports 1.77 mln t of Ni Laterite in March 2021
22/04/21 | Nickel
Shanghai Nonferrous Metals News SMM: Shanghai imported 1.84 mln t (DMT and WMT combined) of nickel ore in March 2021, up 24.6% m-o-m and up 27.2% y-o-y. Of this figure, 1.77 mln t was nickel laterite and 68.7 kt was nickel sulfide. Nickel laterite imports from the Philippines was 1.67…
