Domestic Mg Prices Edge up Slightly
22/02/21 | Magnesium
Shanghai Nonferrous Metals News 20th February 2021: Mainstream magnesium ingot (99.9% grade) prices lifted to RMB14,000~14,200/t in Fugu Shaanxi, with some transactions concluded at RMB14,200/t. According to internal sources, most small smelters have orders for the futures market through to end-February, while large smelter are under long-term contracts, resulting in…
W Producers Resume Operations
19/02/21 | Tungsten
China Commodity Marketplace Domestic tungsten producers gradually returned to work after the Chinese New Year holiday, but sentiment is cautious, with the market appearing flat. In view of the COVID vaccination program being rolled out worldwide, a strong rebound in macro-economic and overseas demand can be expected over the medium-term.…
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
