Domestic Ti Market Remains Stable
31/08/20
China Nonferrous Metals News The Panzhihua titanium market was stable last week. With shrinking supply, prices of imported titanium ore are holding firm. Prices of titanium sponge have been rising, driven by tightening supply. Domestic titanium sponge producers hold limited stocks, and some have orders lined up through to October.…
Zhuzhou Smelter Group: 229 kt of Zn Output for H1 2020
27/08/20 | Zinc
China Commodity Marketplace The operating revenue of Zhuzhou Smelter Group was RMB7.28 bln in H1 2020 up 73.79% y-o-y. The net profit attributable to shareholders of listed companies was RMB94 mln. Zhuzhou Smelter Group produced 229 kt of zinc in H1 2020, with production costs under control. Source
China Imports 4.9 mln t of Ni Laterite in July
27/08/20 | Nickel
Shanghai Nonferrous Metals News China imported 4.9 mln t of nickel laterite in July, up 41.9% m-o-m but down 9.56% y-o-y. Of these imports the Philippines imports reached 4.39 mln t, up 42.9% m-o-m and up 18.1% y-o-y; there are 119.8 kt of Indonesian nickel laterites pending declaration at Chinese…
Zhenshi Group’s 1st NPI Shipment Underway to China
26/08/20 | Nickel
My Steel News 23rd August: The first shipment of Zhenshi Group’s JV Yashi NPI project in Indonesia is expected to arrive at Chinese ports in September. Phase I of the Yashi NPI project is located in the Weidabei Industrial Park, Indonesia. The project has four production lines and will be…
New Mine for Zhangyuan W
25/08/20 | Tungsten
Asian Metal News According to its H1 2020 report, Zhangyuan Tungsten has acquired the mining rights and associated assets of the Huangzhulong Tungsten mine in Chongyi County. Zhangyuan Tungsten now owns the mining rights of six tungsten mines, exploration rights of six tungsten deposits, four tungsten smelters, four wholly-owned subordinate…
Energy China Gezhouba Wins Ni Laterite Project in Indonesia
20/08/20 | Nickel
Shanghai Nonferrous Metals News China Energy Engineering Group Co., Ltd (Energy China) Gezhouba Branch and Indonesia PT.OTI EYA ABADI Mining Co., Ltd. signed a contract for nickel laterite mining and transportation in Indonesia, worth USD160 mln. The project is located at Morowali County, in the central Sulawesi province, Indonesia. It…
XTC Publishes Aug. Contract Prices
18/08/20 | Tungsten
China Commodity Marketplace XTC (Xiamen Tungsten Cooperation) published the long-term contract price for the last two weeks of August, increasing APT prices by RMB500/t from the previous term to RMB126,000/t by cash. Source
Domestic W Market Stagnates
17/08/20 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate holders remained firm on prices this week but transactions were sparse. At present, wolframite (65% grade) mainstream quotations are at RMB84,000~86,000/standard t; scheelite (65% grade) is at RMB83,000~85,000/standard t and tungsten concentrates (50~55% grade) at RMB 81,000~83,000/standard t, all stable from last week. The…
Linyi Yichen NPI: First Ni Laterite Shipments at Rizhao Port
13/08/20 | Nickel
Shanghai Nonferrous Metals News 10th August: The first nickel laterite shipment for Linyi Yichen Nickel and Chromium Alloy Co. Ltd. arrived at Rizhao Port, Shandong. Yichen’s 500 ktpy NPI project uses imported nickel laterite for NPI production via the RKEF process. The demand for nickel laterite is 5 mtpy per…