Baiyin Nonferrous to Sell 33 Tons of Crude Selenium via Bidding, Floor Premium at RMB 5,000/ton

Published: Mar 27, 2026 12:11

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SMM March 27 News: According to an official announcement from Baiyin Nonferrous Group Co., Ltd., the company plans to sell 33 tons of crude selenium through a bidding process, where participants will bid on the premium/discount price. The floor premium is set at RMB 5,000/ton. The bidding will proceed only if at least three companies register. The registration deadline is 5:00 PM on March 30, 2026, and the bidding will begin at 3:00 PM on March 31, 2026. Given that recent crude selenium bidding tenders have seen strong transaction prices, market participants expect the outcome of this premium bidding to be noteworthy.

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