3.05 mtpy Primary Al Capacity for Tongliao IM
21/04/20 | Aluminium
Shanghai Nonferrous Metals News There is a total of 1.39 mtpy primary aluminium classified under the capacity replacement scheme with all relocation work done in Tongliao, IM. Of this figure, 553 ktpy is under Jinlian Aluminium and 835.1 ktpy under Chuangyuan Aluminium. As of today, total primary aluminium capacity in…
HMHJ: Q1 2020 Al Output of 230.3 kt
21/04/20 | Aluminium
Cnal News HMHJ (Inner Mongolia HMHJ Aluminium and Power Co. Ltd), produced 230.3 kt of aluminium product in Q1 2020, up 12.8 kt y-o-y. HMJH has put an integrated industrial cluster in place at Holinhe region IM including 860 ktpy primary aluminium capacity, 200 ktpy carbon anode capacity, associated with…
Shanxi: 2020 Action Plan for Nonferrous Metals Industry
21/04/20
Shanghai Nonferrous Metals News The local authorities of Shanxi published ‘Shanxi 2020 Nonferrous Metals Industry Action Plan’, unveiling a raft of policies to facilitate the development of the aluminium industry in Shanxi: Improvement of local bauxite supply in Shanxi Crack down on illegal bauxite mining Regulate bauxite mining activities Strengthen…
Xiamen W: 2019 Net Profits Down by 47.76% Y-O-Y
20/04/20 | Tungsten
China Finance News Xiamen Tungsten Annual Report, 17th April: the company achieved a total operating revenue of RMB17.396 billion in 2019 down 11.05% y-o-y, the net profit attributable to shareholders of listed companies was RMB 261 million, down 47.76% y-o-y. “Tungsten molybdenum and other non-ferrous metal products” generated most of…
Domestic Aa Production Cuts to Expand
20/04/20 | Alumina
Shanghai Nonferrous Metals News As of 17th April, Friday, domestic alumina prices were RMB2,050/t in Shanxi, RMB2,075/t in Henan, RMB2,065/t in Shandong, RMB2,050/t in Guangxi and RMB2,060~2,090/t in Guizhou, all sitting at a relatively low level. On the cost side, prices of domestic bauxite and caustic soda continued to fall…
Imported Bx Prices to be Impacted by Inventories, Aa Prices and Domestic Prices
20/04/20 | Bauxite
Cnal News The prices of China’s bauxite imports averaged at USD47.9/t in February 2020, a decline of 12.9% from a high point of US55/t in 2018. Industry analysts take the view that prices of China’s bauxite imports will be impacted by the following three factors over the short-term: Domestic inventories…
Bx Mining Registrations to be Handed over to Provincial Authorities
20/04/20 | Bauxite
Ministry of Natural Resources 17th April, MNR(Ministry of Natural Resources): exploration and mining rights administration of 14 kinds of strategic minerals including: oil, hydrocarbon natural gas, shale gas, natural gas hydrate, radioactive mineral, tungsten, rare earth, tin, antimony, molybdenum, cobalt, lithium, potassium salt and crystalline graphite will be managed by…
Domestic High-NPI Output of 30 kt in April
17/04/20 | Nickel
My Steel News My Steel analysts project domestic high-NPI output at 30 kt in April, down 27% y-o-y due to production cuts by 24 NPI smelters during March and April. China produced 40 kt of NPI in April (both low-NPI and high-NPI), down 19% y-o-y. China’s total output of high-NPI…
Wenshan Al to Power Up Phase I Project by end-April
17/04/20 | Aluminium
Cnal News Wenshan Aluminum is set to power up its 500 ktpy green hydropower-aluminium project (phase I) by the end of April with RMB800 mln investment in place. One hundred and twenty-three electrolytic cells have already been installed in workshops No. 1 and No. 6. The total hydropower-aluminium capacity is…