Domestic W Prices on the Rise
10/02/21 | Tungsten
Shanghai Nonferrous Metals News 9th February: Ganzhou Tungsten Association announced that it will increase guide prices of wolframite concentrate by RMB4,200/t to RMB90,000/t. JXTC raised long term contracts prices of wolframite concentrates by RMB 5,000/t to RMB 93,000/t, along with prices of scheelite and APT. Some downstream producers are keen…
Shanxi Bada Cut Mg Operations
09/02/21 | Magnesium
Asian Metal News Shanxi Bada magnesium smelter has cut operations by 70% since 18th January 2021, reducing daily average output to 25 t. The company produced 1.8 kt of magnesium in January and February production is estimated at 700 t, down by 1.1 kt m-o-m. According to an internal source,…
SMM: Domestic Tin Ore Output of 94.5 kt in 2020
04/02/21 | Tin
Shanghai Nonferrous Metals News NBS: China produced 8.96 kt (in tin metal) of tin ore and concentrates in December 2020, up by 24.3% m-o-m but down 4.2% y-o-y. China produced 94.5 kt (in tin metal) of tin ore and concentrates in 2020, up by 10.4% y-o-y. SMM forecast tin ore…
Lianyungang Huale on Maintenance
03/02/21 | Nickel
Asian Metal News Huale NPI smelter in Lianyungang Jiangsu, mainly produces high-NPI (10% Ni minimum grade). The company suspended NPI production for maintenance in late January 2021 and plans to restart in March 2021. Designed with NPI smelting capacity of 540 ktpy, the company mainly uses Philippine nickel laterite for…
IM Yunsheng Mg Suspends Operation
02/02/21 | Magnesium
Asian Metal News IM Yunsheng magnesium smelter suspended operations on 25th January 2021, reducing its January output by 200 t on-month accordingly. According to an inside source, the company halted operations last week amid low prices and plans to restart after February. The company will resume normal operations in March…
Operational Status of Domestic Li Producers
01/02/21 | EV
Shanghai Nonferrous Metals News SMM: Several domestic lithium carbonate producers are under maintenance during January and February, curbing production by approximately 2 kt per month. In comparison, most lithium hydroxide producers are operating as normal, mainly driven by increasing overseas demand. Most downstream battery material producers will continue normal operations…
Suspension of Four W Miners in December 2020
29/01/21 | Tungsten
Asian Metal News Four domestic tungsten miners, including two in Hunan, one in IM and one in Guangdong, suspended operations in December 2020. A total of 7.3 kt of tungsten mining capacity is involved. Source
Domestic W Prices Remain Firm
28/01/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices held firm this week, seeing mainstream prices lifting to RMB90,000/t. Reduced mining operations curbed spot supply of concentrates and drove prices accordingly prior to the Chinese New Year holiday. Mainstream wolframite (65% WO3) is being quoted at RMB89,000~91,000/t, scheelite (65% WO3) prices are…
Domestic Mg Prices Edge Down Slightly
28/01/21 | Magnesium
China Nonferrous Metals News Recent domestic magnesium prices have been in decline. Early this week, mainstream magnesium transaction prices fell by RMB100~200/t w-o-w to RMB 13,900~14,000/t (ex-works by cash) in Fugu Shaanxi and RMB14,200~14,300/t (ex-works by cash) in Wenxi Shanxi. As of this week, domestic magnesium prices had dropped by…