Chifeng Nianzigou Mining to Start Mo Mining in Q3 2020
08/04/20 | Molybdenum
Asian Metal News Chifeng Nianzigou molybdenum mine, designed with 2.4 ktpy molybdenum concentrate capacity is set to come online in Q3 2020. Project construction of the Chifeng Nianzigou mine is presently underway. It is scheduled to come online in Q3 2020, producing 5 to 8 tonnes of moly concentrates per…
Shaanxi Fugu Meixin Cuts Mg Production
08/04/20 | Magnesium
Asian Metal News Shaanxi Fugu Meixin magnesium smelters have been grappling with issues of low semi-coke prices and slow sales of coke tar for some time and is facing losses of RMB80/t for every tonnne of semi-coke produced. In the wake of recently slumping magnesium prices and a bleak market…
Ningchuang New Materials: 19 ktpy Al Capacity on Maintenance
08/04/20 | Aluminium
Asian Metal News Ningxia Ningchuang New Materials Co. Ltd., designed with 300 ktpy primary aluminium capacity comprising 280 x 400 kA cells, began maintenance on 18 electrolytic cells in late March, involving capacity of 19 ktpy. The company is currently operating 170 sets of 400 kA cells with total…
SMM: Domestic Primary Al Inventory Edges down
08/04/20 | Aluminium
Shanghai Nonferrous Metals News 7th April 2020: Total domestic aluminium inventory at China’s major store houses dropped by 41 kt from last Thursday to 1.635 mln t, including 171 kt in Shanghai, 660 kt in Wuxi, 144 kt in Hangzhou, 174 kt in Gongyi, 403 kt in Nanhai, 57 kt…
Baise Guangxi: Key Test Zone for Development
08/04/20 | Aluminium
Shanghai Nonferrous Metals News 7th April: The State Government has approved the establishment of Guangxi Baise development key test zone, a move which aims to develop Baise as a high-performance platform under the BRI initiative (Belt and Road Initiative) for China and ASEAN countries. Baise will work as a regional…
SMM: 61.5% Domestic Al Smelters in Loss
07/04/20 | Aluminium
Shanghai Nonferrous Metals News SMM: The weighted average cash cost for domestic smelters was RMB11,709/t in March, indicating that 61.5% of domestic smelters are facing cash losses with reference to last Friday’s aluminium price of RMB11,590/t. A few domestic smelters began cutting operations in mid-March when prices started to fall.…
Guinea Exports 66.2 mln t of Bx in 2019
07/04/20 | Bauxite
Cnal News According to Guinean media outlet “Emergencegn.net’, the country exported 66.2 mln t of bauxite in 2019, with SMB, CBG, Henan Chine and Alufer Mining as the top four exporters. SMB took the lead with 35.3 mln t, followed by CBG 13.3 mln t, Henan-Chine 7 mln t and…
SPIC Shanxi Ningwu Bx Mine: Improper Mining Allegations
07/04/20 | Bauxite
Tengxun News Local villagers in Ningwu, Shanxi Province recently reported improper mining activities at the Kuancaoping bauxite mine. According to an inside source, the mine has been granted with only a license for infrastructure development so far but it is now mining without a safety production license or environmental assessment…
Binzhou Tao’erhe Completes 9.89 mln t of Bx Imports in Q1 2020
03/04/20 | Bauxite
Shanghai Nonferrous Metals News Binzhou Tao’erhe Port handled 9.895 mln t of imported bauxite (1.35 mln t at Binzhou Port) for Weiqiao Group in Q1 2020, up 41.3% y-o-y, marking a quarterly new high in years. The port company of Weiqiao handled 4.68 mln t of imported bauxite in Q1…