Ningxia: “Implementation Measure for High Energy Consumption and High Emission Projects”
10/08/23
Cnal News Ningxia has released, “Implementation Measure for High Energy Consumption and High Emission Projects”. The policy stipulates: Strict implementation of production capacity, energy consumption, and pollutant reduction-replacement scheme for new and expanded high energy consumption and high emission projects. For new/expansion primary aluminium projects, the replacement ratio is set…
China Mg Production 50.9 kt in July
10/08/23 | Magnesium
Shanghai Nonferrous Metals News China produced 50.9 kt of magnesium ingot in July 2023, down by 3.14% m-o-m and down by 26.48% y-o-y. China’s magnesium alloy production was 26 kt in July, up by 1.23% m-o-m but down by 6.88% y-o-y. China produced 54 kt of magnesium powder in July,…
Xianglu W: Losses of RMB 10~20 mln in H1 2023
09/08/23 | Tungsten
Shanghai Nonferrous Metals News Xianglu Tungsten expects a net profit loss of RMB 10~20 mln attributable to shareholders of the listed company in H1 2023, reversing the company’s profitable trend in H1 2022. The loss can be attributed to increased prices for tungsten concentrates and APT which have been led…
Domestic Mg Prices Stop Falling
08/08/23 | Magnesium
China Nonferrous Metals News Backed by improving demand, domestic magnesium prices stopped falling at RMB 20,800/t last week. As of last Friday, mainstream magnesium prices in Fugu Shaanxi were being quoted at RMB 21,000~21,200/t ex-works with taxes. With transaction prices between RMB 21,000~21,100/t, prices in other production regions lifted accordingly.…
Domestic Mg Prices to Stop Falling Next Week
04/08/23 | Magnesium
Asian Metal News Mainstream magnesium prices fell by RMB 350/t to RMB 20,850~21,100/t ex-works on Thursday, led by tepid demand. Looking forward to next week, industrial commentators forecast prices to stop falling following improved demand. A northern smelter sold 62 t of magnesium ingot at RMB 21,300/t last Thursday, an…
Wa State Takes Decisive Action on Tin Mining Suspension
03/08/23 | Tin
ITA News In a resolute move, the Wa State Government has firmly enforced the suspension of all mining activities, according to the “Wa Jing Zi No. 2023-06” notice issued by the Central Economic Commission on April 15 and the subsequent “Notice on the Implementation of ‘Suspension of All Mineral Resources…
CNNC Hua Yuan Ti Increases TiO2 Prices
27/07/23
Shanghai Nonferrous Metals News 26th July: CNNC Hua Yuan Titanium Dioxide Co. Ltd announced that it had raised its TiO2 pigment prices by RMB 700/t on the domestic China market and up by USD 100/t on the global market, with immediate effect. In view of raft of stimulus policies to…
Domestic Mg Prices on the Rise
26/07/23 | Magnesium
Asian Metal News Mainstream domestic magnesium prices rose by RMB 200/t from Monday and was up by RMB 400/t from last Friday to RMB 21,100~21,500/t on Wednesday. Industrial commentators forecast domestic magnesium prices to rise further this week. According to a spokesperson from a northern smelter, “We sold 31 t…
China W Hi-Tech: Technology Upgrades for Smart Production Line of Ultrafine
24/07/23 | Tungsten
W Carbide Powder 17th July: China Tungsten Hi-Teck announced that its wholly owned subordinate, Minmetals-ZCC is to implement technology upgrades on a smart production line for ultrafine tungsten carbide powder, with a total investment of RMB 248. The expected return period for project investment is 7.9 years (before tax). This…
