Al Inventories Continue to Decline
03/06/20 | Aluminium
China Nonferrous Metals News Aladdiny: Aluminium ingot inventories at domestic smelters dropped further by 38.9 kt from last Friday to 220.7 kt on Monday. Aladdiny research shows most domestic smelters are profitable at present and are making fast sales of aluminium ingots before the slack season leads to a gradual…
Yugang Longquan Al Resumes Full Operation
03/06/20 | Aluminium
Asian Metal News Yugang Longquan Aluminium smelter in Henan, designed with 600 ktpy primary aluminium capacity resumed full capacity operation by end-May. The company halted 60 ktpy primary aluminum capacity in November 2019 due to the implementation of the 2019 winter production cut policy (November 2019~March 2020). However the company…
MNR: National Geological Exploration Results of 2019
03/06/20 | Bauxite
Cnal News MNR (Ministry of Natural Resources) published the ‘2019 National Geological Exploration Results of China’. The exploration results of 418 mineral deposits in China show that new inferred resources of coal have increased by 9.05 bln t, iron ore 210 mln t, copper 1.06 mln t, manganese ore 21.59…
Domestic W Market Remains Stable
02/06/20 | Tungsten
China Commodity Marketplace Domestic tungsten market remains stable at present. Despite more incentives to sell, tungsten miners are still holding firm on prices. Mainstream wolframite prices are RMB82,000~84,000/t (65% WO3), scheelite prices are RMB81,000~83,000/t (65% WO3) and tungsten concentrate prices at RMB79,000~81,000/t. The domestic APT market appears flat, seeing mainstream…
Xiaoyi Huaqing: 100 kt of Bx from Captive Mines in July
02/06/20 | Bauxite
Asian Metal News Shanxi Xiaoyi Huaqing refinery is preparing to begin mining at its captive bauxite mines in mid-June and it is targeting 100 kt output for July 2020. The company’s bauxite mines have estimated resource reserves of 40 mln t, and is designed with 4 mtpy mining capacity. After…
Ivory Cost: First Bx Shipment to China
02/06/20 | Bauxite
Shanghai Nonferrous Metals News On 29 May 2020, the Director-General of the Autonomous Port of Abidjan (PAA), Mr. Hien Yacouba SIE, witnessed the launch of the first shipment of 20 kt of bauxite, from the bulk terminal. The cargo is bound for China, from mines operated by the company Lagune…
Guinea AGB2A: 204 kt of Bx Shipment to China
02/06/20 | Bauxite
30th May: Guinea’s AGB2A reported the successful completion of loading its first bauxite cargo of 203.5kt (wet) bound for China. The company completed construction of its own port in 2019 and the automated terminal has increased loading efficiency significantly. Source
LoMo and Billions to Expand TiO2 Pigment Capacity in Jiaozuo
01/06/20
Sina Finance News LoMo and Billions reached an agreement regarding technology cooperation with the German Ti-Cons Technology Consulting GmbH. Under the agreement, LoMo aims to gradually increase the capacity of its first TiO2 pigment production line in Jiaozuo from 60 ktpy to 100 ktpy. Source
Domestic Mg Prices Edge up Slightly
01/06/20 | Magnesium
Shanghai Nonferrous Metals News Domestic magnesium prices edged up slightly in the wake of increased production cuts at smelters and rising FeSi prices. At present, mainstream magnesium transaction prices are RMB13,100~13,200/t in Fugu Shaanxi and RMB13,500~13,600/t in Wenxi Shanxi. Several magnesium smelters started maintenance ahead of their original schedules last…
