Domestic Mg Prices Continue to Rise
22/04/21 | Magnesium
Shanghai Nonferrous Metals News 22 April 2021: Domestic magnesium prices have continued on an upward trend for six days and reached RMB16,500/t; domestic magnesium smelters are holding firm on prices due to low inventories. However, downstream users have been cautious in placing new orders in the wake of rising prices.…
Tailings Dam Leak at a IM Moly Mine
20/04/21 | Molybdenum
Asian Metal News 16th April 2021: The Xishadegai Molybdenum Industry Co., Ltd at Wulat Front Banner IM reported a tailings leak accident. The leak is now under control, there were no casualties, but the cause of the accident is still under investigation. Source
Jiangxi Zhili Li Tech: 30 ktpy Li Iron Phosphate Expansion
19/04/21 | EV
Shanghai Nonferrous Metals News Jiangxi Zhili Technology Co., Ltd. has been engaged in LiFePO4 material development since its establishment in 2015. The company is now working to expand its capacity from 2 ktpy to 30 ktpy by May/June 2021. Source
Shanxi: Raw Coal Production to Stabilize at 1 Bln t 2021~2025
16/04/21
Shanxi Government Web The recently released “Shanxi Development Plan over 2021~2025” and the “2035 Long-term Perspective of Shanxi” reveal that raw coal output will hold stable at about 1 bln t per year during the 14th Five Year Plan period (2021~2025). The government will promote coal and gas co-mining technology,…
IM Naiman Jing’an: 18 NPI EFs to Come on Line in October
16/04/21 | Nickel
Tengxun News IM Naiman Jing’an Nonferrous Metal Co. Ltd. resumed operation in late February 2021. It is expected that all 18 NPI production lines will complete equipment installation work and come online in October 2021. Backed by total investment of RMB15 bln, the project is designed with 1.2 mtpy NPI,…
Hunan Shizhuyuan Cuts APT Production
16/04/21 | Tungsten
Asian Metal News Hunan Shizhuyuan cut APT production in April 2021 under pressure from environmental checks underway in Hunan. According to an internal source, the company cut 50% of its APT production in April 2021, a monthly drop of 500 t. ‘We mainly serve long-term contacts. Domestic APT (88.5% min)…
Early State of Battery Recycling Business
15/04/21 | EV
Shanghai Nonferrous Metals News GEM (Wuhan) Urban Mines and Urban Mineral Recycling Industrial Park is busy preparing for the upcoming peak of battery recycling. Industry research revealed that due to a lack of supportive policies and little market incentive, a large amount of scrapped batteries end up in small recycling…
Fugu Shengxin Increases Mg Production
15/04/21 | Magnesium
Shanghai Nonferrous Metals News Shengxin Magnesium Co. Ltd increased magnesium production in April 2021 with daily output of 40 t and the company expects to produce 1.2 kt of magnesium in April 2021. Mainstream magnesium prices (95% Mg grade) are currently at RMB15,850 ~ 16,050/t (ex-works) in Fugu Shaanxi and…
Domestic W Prices on the Rise
14/04/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices trended up slightly this week, seeing mainstream prices lifting to above RMB95,000/t. Mainstream wolframite (65% WO3) is being quoted at RMB95,000~97,000/t, scheelite (65% WO3) prices are RMB94,000~96,000/t and prices for tungsten concentrate (50~55% WO3) are between RMB92,000~94,000/t. Domestic APT prices edged up slightly,…
