East Hope Sanmenxia to Reach Full Operation in May
28/04/20 | Alumina
Asian Metal News East Hope Sanmenxia, designed with 2.5 mtpy alumina capacity is set to resume full capacity in May. East Hope Sanmenxia has five alumina production lines, three of which were operational last month. The company is set to restart the remaining two lines in early May using local…
China March Imports: Bx, Aa, Al and Al Scrap
Shanghai Nonferrous Metals News China Customs: China imported 10 mln t of bauxite in March 2020, up 10.63% y-o-y. Guinea, Australia, and Indonesia consolidated their positions as the top three exporters to China with a combined volume accounting for 95% of China’s total bauxite imports. China imported 4.45 mln t…
China Tungsten Hitech Materials: 2019 Annual Report
27/04/20 | Tungsten
Shanghai Nonferrous Metals News 27th SMM: China Tungsten Hitech Materials published its 2019 annual report, stating that during the reporting period, the company realized an operating revenue of RMB8.085 bln, down 1.12% y-o-y. Net profit attributable to shareholders of listed companies was RMB123 mln, down 9.31% y-o-y. The decline can…
Yanshan Yunnan Cracks Down on Illegal Mining
27/04/20 | Bauxite
Yanshan Yunnan Local News The Government of Yanshan, Yunnan has launched a campaign to crack down illegal mining from April 14, 2020 to December 31, 2020. During a move aimed to crack down illegal mining in Pingyuan District, a total of 13 allegedly illegal storage sites were found with about…
Yunnan: Nonferrous Metals Commercial Reserve Plan for Key Producers
27/04/20 | Aluminium
Cnal News Yunnan provincial government recently issued policies to support key producers in managing commercial reserves of non-ferrous metal products. Reserves are to be developed in accordance with the principle of “initiation and activity by producers with full business liabilities, backed by bank loans and financial subsidies from the government,…
SPIC Guizhou: 1 mtpy Aa Project Operational in May
27/04/20 | Alumina
Asian Metal News SPIC Guizhou Zunyi is set to bring its 1 mtpy alumina project online in early May 2020. The company completed construction of its 1 mtpy alumina project in 2019. At present, trial operations are proceeding well using low sulfur bauxite sourced from the market which will be…
LoMo and Billions to Raise RMB4.39 bln for Project Development
24/04/20
Asian Metal News 23rd March: LoMo and Billions announced that it will raise no more than RMB4.39 bln as supplementary capital for the development of a 200 ktpy chloride TiO2 pigment project and a 500 ktpy titanium ore upgrade project which involves 300 ktpy chloride titanium slag and 200 ktpy…
SMM: Domestic Primary Al Inventory Drops
24/04/20 | Aluminium
Shanghai Nonferrous Metals News 23rd April 2020: Total domestic aluminium inventory at China’s major store houses dropped by 136 kt from last Thursday to 1.359 mln t, including 167 kt in Shanghai, 577 kt in Wuxi, 135 kt in Hangzhou, 118 kt in Gongyi, 286 kt in Nanhai, 54 kt…
Xinfa Chemicals Uses 300 kt of Bx in April
24/04/20 | Bauxite
Asian Metal News Xinfa Chemicals, Xinfa’s alumina refinery in Xiaoyi Shanxi, designed with 3.6 mtpy capacity across three lines, resumed operation on one 1.2 mtpy production line two weeks ago. As a result, the company’s bauxite consumption is expected to rise by 67% m-o-m to 300 kt during April. The…
