MCC International Settles OBI NPI Project in Indonesia
03/08/20 | Nickel
Shanghai Nonferrous Metals News 27th July 2020, MCC International signed the construction contract for the Indonesian OBI NPI project. Located in the OBI mining area at North Maluku, Indonesia, the 900 ktpy NPI project comprises eight NPI production lines, using local nickel laterite for NPI production. Source
China Exports 11.8 kt of Mg Ingot in June
30/07/20 | Magnesium
Shanghai Nonferrous Metals News China exported 11.8 11.8 kt of magnesium ingot in June 2020, down 27% m-o-m and down 42% y-o-y, with export prices averaged at USD2,178/t, down 1.66% m-o-m and down 13.2% y-o-y. China exported 114.4 kt of magnesium ingot in H1 2020, down 7% y-o-y. China exported…
Yinman Mining to Resume Operation Soon
28/07/20 | Zinc
Shanghai Nonferrous Metals News Yinman Mining is a subordinate company of listed miner Inner Mongolia Xingye Mining Co., Ltd. After a severe traffic accident at the Yinman lead and zinc mine on 23rd February 2019, the mine was forced to halt operations and began safety checks and rectifications. As of…
China Imports 3.45 mln t of Ni Laterite in June
27/07/20 | Nickel
Shanghai Nonferrous Metals News China imported 3.45 mln t of nickel laterite in June 2020, up 105.5% m-o-m but down 17.1% y-o-y. Nickel laterite imports from the Philippines rose by 129% m-o-m, but were down 3.54% y-o-y to 3.07 mln t in June, indicative of the limited impact of COVID-19…
Domestic W Concentrate Prices Firm, APT up Slightly
21/07/20 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices held firm this week. Wolframite (65% WO3 grade) mainstream quotations were at RMB82,000~83,000/standard t; scheelite (65% WO3 grade) at RMB81,000~82,000/standard t and tungsten concentrates (50~55% WO3 grade) at RMB78,000~81,000/standard t. Downstream APT smelters face increasing difficulties in restocking given shortening supply. The domestic…
China’s NPI Output to Drop to 490 kt in 2020
21/07/20 | Nickel
Shanghai Nonferrous Metals News Boosted by high profit margins in combination with emerging new capacity and easing environmental control, China’s total NPI output grew by 28% y-o-y to 580 kt (in Ni metal) in 2019. Indonesia’s 2020 raw ore export ban has resulted in a nickel laterite supply shortage for…
MIIT: Graphite Industry Production Standards
20/07/20 | Graphite
Alu News MIIT published ‘Graphite Industry Production Standards’. According to the Standards, graphite is defined as: crystalline graphite (flake graphite), aphanitic graphite (microcrystalline graphite, earth like graphite), as well as high-purity graphite, expandable graphite, flexible graphite, spherical graphite and other processing products. The Standards will be applicable to graphite miners…
Yunnan Yunfan Tin Resumes Production
20/07/20 | Tin
Asian Metal News Yunnan Yunfan Tin smelter in Gejiu, Yunnan resumed operations this week after one month of maintenance. The company is running three EFs at present and is looking to produce 500 t of 99.95% tin ingot per month. Designed with 10 kt of tin capacity, the company has…
Domestic Mg Prices under Pressure
20/07/20 | Magnesium
Shanghai Nonferrous Metals News As of end-June, domestic magnesium smelters increased magnesium prices driven by rising coal and FeSi prices. Raising prices stimulated demand and increased short-term transactions, but amid an overall bleak market, growth is limited. SMM analysts take the view that the impact of COVID-19 across the world…
