Domestic Al Inventory Continues to Increase
28/02/20 | Aluminium
SMM News 27th February 2020: Total domestic aluminium inventory at China’s major store houses increased by 155 kt from last Thursday to 1.385 mln t, including 121 kt in Shanghai, 527 kt in Wuxi, 120 kt in Hangzhou, 210 kt in Gongyi, 326 kt in Nanhai, 57 kt in…
Guizhou Denggao Targets 250 ktpy Primary Al Output in 2020
28/02/20 | Aluminium
Asian Metals News Guizhou Denggao New Materials, name plate capacity of 250 ktpy, is targeting 250 kt aluminium output in 2020, up 39% y-o-y. The smelter had been running at half capacity (125 ktpy) during H1 2019 , commenced full capacity (250 ktpy) since October 2019 and produced 180…
Yunnan Heqing Yixin Phase II to Come on Line in April
28/02/20 | Aluminium
Cnal News 6th February: Yunnan Yixin’s 450 ktpy hydropower-aluminium project Phase II became operational after 84 sets of electrolytic cells were powered up, with total 330 ktpy capacity in operation at present. The company will power up the remaining capacity gradually due to a lack of workers and full…
China Imported 2.68 mln t of Ni Laterite in Jan.2020
27/02/20 | Nickel
Shanghai Nonferrous Metals News China imported 2.68 mln t of nickel laterite in January 2020, down 1.64 mln t or 38% on-month but up 7.4% on-year. Indonesian imports were 1.38 mln t, down 44% on-month and down 11.9% on-year; Philippine imports were 1.01 mln t, down 34.1% or 526…
China Zhongwang Al Sells 100% Equity to Henan Yidan
27/02/20 | Aluminium
Shanghai Nonferrous Metals News 26th February: China Zhongwang Group announced that the company’s subordinate Zhongwang Aluminium Co. Ltd is set to sell 100% of its equity to Henan-based Yidian at Luoyang for RMB4.6 bln. Zhongwang Aluminium Co. Ltd is a fully owned subordinate of Zhongwang Group, with its…
New Aa Trade Route from Binzhou Shandong to Panjin Liaoning
27/02/20 | Alumina
Cnal News A new sea freight container trade route from Binzhou Shandong to Panjin Liaoning was opened recently. The 240 nautical mile route is scheduled on a weekly basis, and voyage time will be 22 hours. The opening of the Binzhou-Panjin route will facilitate alumina shipments from Shandong to Liaoning…
Chalco: First Bx Shipment from Boffa Guinea Arrives at Rizhao Port
27/02/20 | Bauxite
China Nonferrous Metals News 24th February 2020: 54 kt of bauxite produced at Chalco’s Boffa project in Guinea was loaded onto COSCO’s (China COSCO Shipping Group) ‘Qushanhai’ vessel and arrived at Rizhao Port China, marking the first shipment from Chalco’s Boffa project to China. The bauxite will be transported to…
Ji’en Ni Resumes Operation
26/02/20 | Nickel
Asian Metal News Jilin Ji’en Nickel resumed electrolytic nickel production early this month but is holding back sales due to limited stocks (less than100 t.) The company suspended operations in late November 2019 under pressure from low prices and weak demand. According to an internal source, the company will sell…
Zhongfu Group: Guangyuan Zhongfu online in Q2 2020
26/02/20 | Aluminium
Asian Metal News Guangyuan Linfeng Aluminium and Electricity Co. Ltd., (formerly Linzhou Linfeng Aluminium), part of the Henan Zhongfu Group, is set to come online in Q2 2020. Project construction began in March 2019 and 282 sets of 320kA electrolytic cells with total capacity of 250 ktpy were relocated…