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…
Domestic Mg Prices Stable
13/08/20 | Magnesium
China Nonferrous Metals News 7th August, SMM: Domestic magnesium prices remained stable this week. Mainstream magnesium ingot 99.9% was quoted at RMB12,850/t by cash with taxes in Fugu Shaanxi and mainstream transaction prices were RMB12,800~12,850/t in Fugu Shaanxi, RMB12,950/t in Taiyuan Shanxi and RMB13,100/t in Wenxi Shanxi, the same as…
Lianyungang: Enhanced Quarantine for Inbound Vessels
12/08/20 | Nickel
Shanghai Nonferrous Metals News In response to an increasing number of COVID-19 cases, Lianyungang port has announced that all inbound vessels must pass a quarantine test at anchorage before proceeding to dock for unloading. All inbound vessels will be tested after at least 14 days from the date of departure…
