Fujian Tianbao Resumes Mo Mining
13/03/20 | Molybdenum
Asian Metal News Fujian Tianbao, a molybdenum miner in Fujian with capacity of 6 ktpy will restart mining on 16th March 2020 after being suspended since 15th January 2020. The company originally planned to restart on 15th February 2020 but delayed until 15th March due to a lack of…
Domestic Primary Al Inventory up by 105 kt
13/03/20 | Aluminium
Cnal News 12th March: Total domestic aluminium inventory at China’s major store houses increased by 105 kt from last Thursday to 1.59 mln t, including 144 kt in Shanghai, 615 kt in Wuxi, 409 kt in Nanhai, 123 kt in Hangzhou, 219 kt in Gongyi, 57 kt in Tianjin,…
China Al Industry & COVID-19
13/03/20 | Aluminium
Shanghai Nonferrous Metals News The epidemic of COVID-19 has had limited direct impact on domestic primary aluminium smelters with no production cuts in the short-term. Domestic primary aluminium output rose by 6.9% y-o-y to 2.87 mln t in February 2020, with annual operational capacity of 36.6 mtpy during the…
2019 Domestic Mg Output 969 kt
12/03/20 | Magnesium
Shanghai Nonferrous Metals News CNIA: China produced 969 kt of primary magnesium in 2019, up 12.2% y-o-y. Domestic magnesium prices fell by 3.3% y-o-y during 2019 to average RMB15,949/t, putting domestic smelters under pressure of a y-o-y decline in profit margins. China consumed 485 kt of magnesium and products in…
Domestic Mg Prices on the Decline
12/03/20 | Magnesium
China Nonferrous Metals News This week, domestic magnesium prices continued to fall on increased coal supply and declining raw material prices. As of 6th March, primary magnesium ingot (99.9% grade) was being quoted between RMB 14,000/t in Fugu Shaanxi, RMB 14,100/t in Taiyuan Shanxi and RMB 14,200~14,300/t in Wenxi Shanxi,…
Guangyuan Linfeng Postpones Phase II Al Project
12/03/20 | Aluminium
Asian Metal News Guangyuan Linfeng Aluminium and Electricity Co. Ltd., has decided to postpone its Phase II primary aluminium by one month. The project includes 250 ktpy capacity of primary aluminium production lines to be built in two phases. Phase I (125 ktpy) was powered up in late…
Shenhua: 300 ktpy Aa Extraction Project Passes Assessment
12/03/20 | Alumina
Cnal News Shenhua Group’s Zhunge’er Energy Co. Ltd. 300 ktpy alumina extraction from fly ash project at Ordos, IM has passed assessment organized by the Development and Reform Commission of Inner Mongolia. The project comprises one alumina production line and one primary aluminium production line. Only the alumina production line…
Domestic Zn Output to Rise Slightly
11/03/20 | Zinc
Shanghai Nonferrous Metals News With improved transport and easing pressure on domestic zinc smelters, output is expected to increase in March 2020. On the demand side, most downstream zinc smelters had resumed operations by late February represented by an operational rate of 70% for die casting zinc alloy and zinc…
Yunnan Shenhuo Starts 150 ktpy Primary Al Project
11/03/20 | Aluminium
Asian Metal News February: Yunnan Shenhuo, designed with 450 ktpy primary aluminium capacity, began powering up its Phase I (150 ktpy) project – comprising 110 sets of 500 kA electrolytic cells -, starting up four cells per day since late February. To date a total of 70 cells have…