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Huayou Cobalt’s hydro-metallurgy project in Indonesia achieved great progress

The delivery ceremony of a high-pressure reactor, a core equipment of the hydro-metallurgy project at Huayue Nickel & Cobablt (Indonesia) of Huayou Cobalt & Morimatsu, was held at Morimatsu’s Nantong factory on November 20. Since then, all four high-pressure reactors have been completed and delivered, marking that the Huayue project is about to enter a new stage of key equipment installation.

Nov 27, 2020 11:36

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industry news

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What is the impact of the Ministry of Industry and Information Technology's new environmental protection document on manganese industry?

Recently, the Ministry of Industry and Information Technology released National Catalogue of Major Environmental Protection Equipment Technology Encouraged by the State (2020 Edition) (Draft for Consultation).

Nov 27, 2020 10:48

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industry news

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China Southern Rare Earth’s offer for terbium oxide soared by 500,000 yuan/mt

China Southern Rare Earth Group announced its latest listing prices for medium and heavy rare earth oxides. Prices of gadolinium oxide increased 3,000 yuan/mt to 176,000 yuan/mt, holmium oxide rose 60,000 yuan/mt to 505,000 yuan/mt, while terbium oxide prices soared 500,000 yuan/mt to 5.8 million yuan/mt.

Nov 25, 2020 15:38

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industry news

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A large domestic ferronickel factory recently reduced production by 50% due to sluggish ferronickel market

A large-scale ferronickel plant in East China has taken the initiative to reduce production by 50% due to the sluggish ferronickel market. It has started to reduce production at the beginning of this month.

Nov 25, 2020 10:02

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industry news

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New tariff codes of aluminium scrap not yet fully implemented

Starting from November 1, imported recycled cast aluminium alloy raw materials that comply with the Recycled Cast Aluminium Alloy Raw Materials (GB /T 38472-2019) can be imported freely without approval and port restrictions, according to the Announcement on Regulating the Import Management of Recycled Brass Raw Materials, Recycled Copper Raw Materials and Recycled Cast Aluminium Alloy Raw Materials.

Nov 23, 2020 14:30

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industry news

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INE launched copper futures contract

The Shanghai International Energy Exchange (INE) launched copper futures contract on November 19. Many commodity traders participated in transactions on the first trading day of the international copper futures contract.

Nov 23, 2020 14:00

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industry news

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Steel News Roundup

Five government departments of Liaoning Province have issued the "Liaoning Province Green Mine Construction Implementation Plan", which encourages and supports mining companies to develop green mining by providing land use, fiscal and taxation, and financial support.

Nov 23, 2020 12:00

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industry news

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A number of nickel related enterprises disclosed their performance in the first three quarters, Huayou Cobalt’s net profit surged 640% YoY

A number of nickel related enterprises have disclosed their performance in the first three quarters. Huayou Cobalt performed well, with a net profit of about 687 million yuan in the first three quarters of 2020, surging 640.27% year on year.

Nov 20, 2020 15:19

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industry news

How is copper affected by the adjustment of catalogue of prohibited commodities in processing trade?

Recently, in order to implement the decision of the State Council and support the stable development of processing trade, the Ministry of Commerce and the General Administration of Customs adjusted the catalogue of prohibited commodities in processing trade.

Nov 19, 2020 11:27

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industry news

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What is the specific effect of RCEP on the nonferrous metals market in China?

Ten ASEAN countries, China, Japan, South Korea, Australia and New Zealand signed the world’s largest trade agreement, the Regional Comprehensive Economic Partnership or RCEP, on November 15. The signing of RCEP is an important step for Asia-Pacific countries to uphold multilateral trading system and build an open world economy.

Nov 17, 2020 14:02

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