Antaike: China W Concentrate Output 87 kt from January~August
28/09/20 | Tungsten
China Nonferrous Metals News China produced 87 kt of tungsten concentrate (65% WO3) and 139 kt of molybdenum (45% Mo grade) during the first eight months of 2020. Driven by shrinking global demand caused by Covid-19, China’s exports of tungsten and molybdenum both fell, showing a decline of 29.7% and…
JXTC: New Generation Smart Ore Separator on Line
25/09/20 | Tungsten
China Nonferrous Metals News JXTC recently brought its new generation smart ore separator online. The separator can dress useful ores and separate waste rocks from raw ores, with particle sizes from 10 mm~100 mm. Maximum ore processing capacity is 160 t/hr. Test runs of the machine have been completed at…
China Produces 465 kt of Mg from January to July
24/09/20 | Magnesium
China Nonferrous Metals News CNIA: China produced 465.4 kt of primary magnesium from January to July 2020, down 3.66% y-o-y. Of this figure, Shaanxi’s output was 306.5 kt, up by 6.85% y-o-y, Shanxi’s output was 62.7 kt, down 16.91% y-o-y and Ningxia’s output was 27.7 kt, up by 6.52% y-o-y.…
Domestic Mg Prices Continue to Fall
22/09/20 | Magnesium
China Nonferrous Metals News Last week, domestic magnesium prices continued to fall, approaching RMB12,000/t amid ongoing weak demand. As of 18th September, domestic magnesium ingot (99.9%) was quoted at RMB12,150~12,200/t in Fugu Shaanxi, with mainstream transactions closing at RMB12,100~12,150/t. Transaction prices were RMB12,400/t in Wenxi, Shanxi, a fall of RMB200/t…
546 kt of Refined Zn Output in September
22/09/20 | Zinc
Shanghai Nonferrous Metals News China produced 280.3 kt of zinc concentrates in August, down 3.1% m-o-m and down 22.1% y-o-y. Covid-19 has previously interrupted mining operations and curbed overall domestic zinc concentrate supply. Domestic PC charges are still at a high level showing an uptick of RMB300/t from a low…
50 ktpy Li Hydroxide Expansion Project for Ganfeng
18/09/20
China Nonferrous Metals News Ganfeng Lithium has been working to complete its 50 ktpy lithium hydroxide expansion project. The project is scheduled to start trial operation by end-October before formal operation begins by end-2020. Covid-19 and Australian policies have had limited impact on the company’s lithium concentrate supply. Supply mainly…
Fujian Xinlu W Deep Processing Project Online
18/09/20 | Tungsten
Shanghai Nonferrous Metals News Backed by total investment of RMB1.69 bln from XTC (51%) and Fujian Jinxin Tungsten Co. Ltd (49%), Fujian Xinlu Tungsten’s tungsten smelting and deep processing project is now online. The full project will be carried out in three phases; Phase I came online on 17th July…
Domestic Mg Market Outlook Remains Bleak
16/09/20 | Magnesium
China Nonferrous Metals News As of 11th September, domestic magnesium ingot (99.9%) was being quoted at RMB12,300~12,400/t in Fugu Shaanxi with mainstream transactions closing at RMB12,300/t. Transaction prices were RMB12,600/t in Wenxi, Shanxi, a fall of RMB200/t from the previous Friday. To date, after dropping under RMB13,000/t in July 2020,…
Domestic Zn Producers May See Increased Profits for H2 2020
14/09/20 | Zinc
China Nonferrous Metals News Domestic zinc producers have been buckling under low prices and poor performance during H1 2020. However, with domestic zinc prices rebounding since end-March and reached a high point of RMB20,385/t, both domestic zinc miners and smelters have seen profit margins grow and have, consequently, increased operations.…