MNR: 2020 Production Quota for REs and W Ore
16/07/20 | Tungsten
Ministry of Natural Resources 15 July: MNR (Ministry of Natural Resources) and MIIT(Ministry of Industrial and Information Technology) has published the overall rare earth and tungsten mining quotas for 2020. In 2020, the government will continue to focus on control of rare earths and tungsten mining volumes. The 2020 rare…
Domestic Mg Prices Fall
14/07/20 | Magnesium
China Nonferrous Metals News 10 July: Mainstream magnesium transaction prices were RMB12,900/t in Fugu Shaanxi and RMB13,200/t in in Wenxi Shanxi, falling by RMB100/t from last Friday. Domestic magnesium prices have fallen to a low point of under RMB 13,000/t once more after slumping in April. Domestic magnesium smelters are…
Domestic W Concentrate Supply Tightens
13/07/20 | Tungsten
China Commodity Marketplace This week, the domestic tungsten market remained flat, with stable long-term contract prices from large producers. Domestic tungsten concentrate holders were reluctant to sell at low prices, seeing concentrate prices holding firm during the week. Heavy rainfall in Hunan and Hubei interrupted mining operations and contracted production.…
Domestic NPI Output of 44.6 kt in June
10/07/20 | Nickel
Shanghai Nonferrous Metals News China produced 44.6 kt of NPI (in Ni metal) in June, up slightly by 0.81% m-o-m but down 9.85% y-o-y. Some new high-NPI capacity came online in June while some high-cost NPI smelters suspended operations or changed to production of other alloys. SMM forecast domestic NPI…
Domestic Refined Zn Output at 465.4 kt
08/07/20 | Zinc
Shanghai Nonferrous Metals News China produced 465.4 kt of refined zinc in June, down 1.85% m-o-m and down 5.77% y-o-y. China’s total refined zinc output amounted to 2.87 mln t in H1 2020. Some smelters in Shaanxi, Hunan and Anhui ran maintenance as planned in June while a number of…
China Tungsten Hitech Materials: Q1 2020 Output Rises
06/07/20 | Tungsten
Shanghai Nonferrous Metals News China Tungsten Hitech Materials’ tungsten concentrate output grew by 5% y-o-y in Q1 2020, marking a record high point. Its APT output lifted by 26.4% y-o-y and carbide alloy output climbed by 1.93% y-o-y during Q1 2020 increasing the company’s overall profit by 102.59% y-o-y. Source
China’s Tungsten Export Volume and Price Falls
03/07/20 | Tungsten
Shanghai Nonferrous Metals News China Tungsten Association: China exported 1,456 t of tungsten products (in metal, excluding alloy products) in May 2020 down by 18.83% y-o-y; with a total value of USD48.81 mln, down by 21.25% y-o-y. China exported a total of 7,807 t tungsten products, and the total export…
Xinjiang Zijin: 100 ktpy Zn Smelting Project
01/07/20 | Zinc
Shanghai Nonferrous Metals News 30th June: Xinjiang Zijin ignited its roasting furnaces and began trial operation of its 100 ktpy zinc smelting project. The project uses the mature wet process and advanced equipment, with its emission standard and other environmental indicators meeting national and international standards. It is the first…
Yulin Coal Technology Resumes Mg Production
01/07/20 | Magnesium
Asian Metal News Yulin Coal Technology restarted primary magnesium production on 24th June 2020 with daily output of 20 t. The company suspended operations on 25th April to undertake maintenance amid a weak market. According to an internal source, with the FeSi price currently standing at RMB5,750/t, the company is…
