China Imports 1.36 mln t of Ni Laterite in April
21/05/20 | Nickel
Shanghai Nonferrous Metals News SMM: China imported 1.36 mln t of nickel laterite in April 2020, down by 87.1 kt or 6% m-o-m and down by 70.2% y-o-y. Of this amount, 1.09 mln t was from the Philippines, up 11.6% m-o-m but down 54.8% y-o-y. Despite the Philippine rainy season…
Domestic Moly Prices Hold Firm
20/05/20 | Molybdenum
China Nonferrous Metals News As of 13th May, mainstream molybdenum concentrate transaction volumes in the domestic market exceeded 4.3 kt during the month, seeing concentrate prices (45%~50% grade) hold steady at RMB1,600~1,620/MTU. At present, Luming Mining in Yichun Heilongjiang has no plans to resume operations. With shrinking supply as a…
Heung Kong Wanji to Build Two Power Generators
20/05/20 | Aluminium
Asian Metal News Heung Kong Wanji, (Henan), designed with 600 ktpy primary aluminium capacity, is building two sets of 660MW power generators at present, which are scheduled for completion in October 2021. The company’s captive power plant now has two sets of 300MW generators and four sets of 135MW power…
Shanxi Huaxing to Stop Using Imported Bx
20/05/20 | Bauxite
Asian Metal News Chalco Shanxi Huaxing alumina refinery has three alumina production lines comprising one 1 mtpy and two 500 ktpy lines. At present, the two 500 ktpy lines are operational, and are capable of consuming 3.8 mtpy of bauxite per annum. The company currently holds 150 kt of imported…
LoMo and Billions to Set up a Branch in Gansu
19/05/20
Shanghai Nonferrous Metals News SMM: Yunnan Guotai, a subordinate of LoMo and Billions is to establish a new branch in Gansu by an investment of RMB700 mln, namely Gansu Guotai Metals Co. Ltd. The business scope of the new company will include ilmenite mining, dressing, smelting of high titanium slag,…
Chongqing Qineng Al to Resume Al Operation in July
19/05/20 | Aluminium
Asian Metal News Chongqing Qineng Aluminium smelter, designed with 330 ktpy capacity is set to resume normal operations in July 2020. The company suspended 34 kt of primary aluminium capacity (30 sets of 420 kA cells) for maintenance in late March. Fifteen of these have been restarted since late April,…
Pingguo Guangxi: Upgrade to City Level Administration
19/05/20 | Aluminium
Cnal News 18th May: City level administration has been formally established in Pingguo Guangxi, an upgrade from its original county level administration. Pingguo is an important aluminium production base in Guangxi. The Pingguo Guangxi Industrial Park has 34 aluminium-related producers with an integrated aluminium industrial chain including bauxite, alumina, aluminium…
Yunnan Wenshan: 500 ktpy Hydro-power and Al Project Online
18/05/20 | Aluminium
Cnal News Yunnan Wenshan Aluminum formally brought Phase I of its 500 ktpy hydro-power and aluminium project online on 15th May 2020. Phase 1 of 150 ktpy capacity is expected to achieve full operation by end-June 2020. Source
Domestic Aa Prices Fall Slightly
18/05/20 | Alumina
Shanghai Nonferrous Metals News SMM: The weighted average alumina price fell by RMB3/t w-o-w to RMB2,206/t on Friday. Market transactions were few with downstream aluminium smelters watchful and alumina refineries and traders having to comprise on prices. With downstream demand remaining weak and continued steady operations of domestic alumina refineries,…
