Hebei mill settles August silicomanganese tender lower

[ADC12 Price Daily Review: Aluminum Futures Consolidate and Recover, Spot Aluminum Steady with a Wait-and-See Approach] Today, spot market offers were generally stable, with localized tentative increases mainly seen. Some enterprises considered raising prices by 50-100 yuan/mt, mainly driven by the recent rise in aluminum prices and raw material costs.

[SMM Flash] Sinomine Resource Group is in talks to acquire Globe Metals & Mining’s Kanyika niobium development project in Malawi. The potential transaction would bring the Chinese critical-minerals group closer to a project it is already supporting through Sinomine International (Zambia) Engineering, which has been involved in early construction and development works at Kanyika. Globe began construction in January 2026 under a cost-reimbursable collaboration agreement, while first oxide production is targeted for the first quarter of 2028. Kanyika is positioned as a potential source of niobium and tantalum oxides, with Globe’s 2026 project plan targeting approximately 3,000 tonnes per year of Nb₂O₅ and 150 tonnes per year of Ta₂O₅ at full scale. Globe has previously retained full ownership and offtake rights while using Sinomine’s regional construction and processing expertise. Any acquisition would strengthen Sinomine’s exposure to niobium outside China and could add another strategic African critical-minerals asset to its expanding international portfolio.

According to the latest data released by the General Administration of Customs and compiled by SMM, China's silicon-manganese alloy exports reached 8,370.87 tons​ in July 2026, surging 132.05% month-on-month (MoM)​ and 252.24% year-on-year (YoY). For the first seven months of 2026, cumulative exports totaled 33,227.15 tons, up 102.05% YoY.The monthly figure appears impressive at first glance, but a rational assessment is warranted.