[SMM afternoon News] the US House of Representatives passed the short-term Expenditure Act * Guangxi Pingal has an annual production capacity of 800000 tons of recycled aluminum project to start.-Shanghai Metals Market

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[SMM afternoon News] the US House of Representatives passed the short-term Expenditure Act * Guangxi Pingal has an annual production capacity of 800000 tons of recycled aluminum project to start.

Translation 12:12:16PM Dec 21, 2018 Source:Shanghai Nonferrous Metals Network
The content below was translated by Tencent automatically for reference.

Metal news

All construction sites will be shut down! Zhengzhou starts the first red early warning of heavy pollution in autumn and winter this year. Zhengzhou City has decided to issue a red early warning for heavily polluted weather at 22:00 on December 20 and immediately launch a first-class emergency response, according to the Zhengzhou Environmental Protection Bureau. It is reported that this is the first red warning launched in Zhengzhou this autumn and winter. As of the evening of December 20, all 18 municipalities in Henan Province had launched an early warning of heavily polluted weather. "View detail

Ganzhou rare Earth Group Co., Ltd. successfully completed the smelting separation within the group, Comprehensive utilization of the fourth quarter inspection of enterprises] for the continuous implementation of the letter on the Organization of the Special Action to crack down on rare Earth violations (Jiangxi Gong Xin Nonferrous letter (2018) 486, The spirit of the document "letter on the Organization of Special Action to crack down on rare Earth violations" (Gan City work letter (2018) No. 9), To welcome the decision of the supervision group of the group company to carry out the quarterly regular inspection and irregular spot inspection of the subsidiaries of the group by cooperating with the inspection of rare earth anti-triad work of provinces, cities and counties (districts) in 2018, The group company transferred the production technology department, the finance department and the strategic development department and other departments to set up the inspection working group to carry out the special inspection of the smelting separation and comprehensive utilization enterprises in the group. "View detail

[Xiamen tungsten industry plans to acquire permanent magnet motor enterprises for 35 million yuan] Xiamen tungsten industry announced on December 7 that in order to extend the industrial chain in the field of rare earth applications, Xiamen tungsten industry has officially entered the motor industry. It is clear that the motor industry is the strategic development direction of Xiamen tungsten rare earth industry. Xiamen tungsten industry bought 100% stake of Xi'an Yingweiteng Motor Co., Ltd for 35 million yuan. The acquisition consideration represents a premium of 97.87% over the asset valuation. Xi'an Yingweiteng engaged in CNC machine tool industry spindle motor, motorized spindle research and development and small-scale production, with all kinds of high-speed permanent magnet synchronous motor new technology and stereotyped products, but also has the ability of continuous research and development. "View detail

[Rainbow rare earths do not meet the target of 400 tons of rare earth concentrate per month] earlier, Rainbow officials reported that production in the second quarter of 2018 was 10 percent higher than in the first quarter of 2018, although production was affected by more severe rainfall and road erosion in April than usual. Rainbow can still increase production. In June, after the implementation of an improved mining plan, the mining rate of Gasagwe increased significantly. Monthly concentrate production is now expected to be 50 to 100 per cent higher than it was in the first six months of 2018. "View detail

Macro market

[the US House of Representatives passes the short-term spending bill including Trump's $5 billion border wall budget] on Thursday, local time, the US House of Representatives passed a bill to allocate funds to federal agencies until February 8, More than $5 billion will be allocated to Trump's border wall. Some media reports say the budget approved by the House of Representatives will reach $5.7 billion. However, this may have pushed the US government a step further towards a partial shutdown. "View detail

The European Commission today reached a compromise with the Italian government on Italy's 2019 budget and does not intend to initiate a penalty procedure for violations against the southern European country for the time being. European Commission Vice President Valdis Dongbrofskis said on the same day that the European Union and Italy reached an agreement on Italy's 2019 budget after two weeks of "intense consultations." "View detail

Terminal market

[property market horizontal regulation and control is still "strict" word at the head of the housing enterprise monthly sales performance fell year-on-year, first-tier city second-hand housing prices fell for several consecutive months compared with the previous month. At the end of the year, all kinds of signs of the real estate industry show that under the combination of loan restriction, purchase restriction, sales restriction and price restriction, the rising trend of house prices has been curbed. "View detail

[Ouyang Minggao: Ningde era 304 watt hours / kg power battery for commercial use next year] at the media briefing of the China Electric vehicle 100 meeting held on December 16, Ouyang Minggao, executive vice chairman of the 100 people's Congress and academician of the Chinese Academy of Sciences, introduced it. The specific energy of high nickel ternary positive electrode and silicon-carbon negative electrode battery developed in Ningde era has reached 304 watt-hours / kg, and will be industrialized and put on the market next year. "View detail

[lithium electricity material demand for lithium hydroxide is high, Tianqi lithium industry overseas project began commissioning] on December 18, Australia time, Tianqi lithium industry in Australia to build the quinana lithium hydroxide phase I project started phased commissioning work. The project began in October 2016 and was completed by the end of the year as previously scheduled. "View detail

[new energy production qualification "high threshold" of new forces under the phase of sentient beings] a few days ago, cars and families plan to spend 650 million yuan to buy Lifan vehicle qualifications, so that the industry's attention once again focused on the production qualification of new energy passenger vehicles. As we all know, compared with other industries, cars have strong technical requirements, and the national level has set a higher "threshold" for this, which has become a difficult problem for new car-building forces to bypass. "View detail

Related market

[entering the new energy sector, Guangxin material plans to increase the capital of electrolyte company Hangsheng Energy by 30 million] on the evening of December 19, Guangxin material issued an announcement saying that The company and Dongguan Hangsheng New Energy Materials Co., Ltd. (hereinafter referred to as "Hangsheng Energy") and its existing shareholders Huang Jihong and other six shareholders signed the "Investment Agreement" on the same day. According to the announcement, Guangxin material contributed 30 million yuan to Hangsheng Energy in the form of cash, subscribed for 30 million yuan of new registered capital of Hangsheng Energy, and after the capital increase was completed, the company accounted for 60 per cent of the equity stake of Hangsheng Energy. In addition, it provided 10 million yuan in debt investment to Hangsheng Energy in the form of guarantees for bank loans. "View detail

[green beauty: increase capital of Jingmen green beauty with its own capital of 1 billion yuan] the latest announcement of green beauty shows that on December 18, The board of directors of the company agreed to increase the capital of Jingmen Green Mei New Materials Co., Ltd. (hereinafter referred to as "Jingmen Green Beauty") with its own capital of 1 billion yuan. According to the announcement, after the completion of the capital increase, the registered capital of Jingmen Greentree will change from 5.895 billion yuan to 6.895 billion yuan. "View detail

[Henan issued a three-year action plan for coal consumption reduction] the Henan provincial government issued the Henan Coal consumption reduction Action Plan (2018-2020). According to the plan, by 2020, the total coal consumption in the province will be about 15 percent lower than that in 2015, the concentration of coal consumption will be further increased, and the proportion of thermal coal consumption will reach more than 52 percent. "View detail

[Hebei Province should strengthen the control of low-quality bulk coal the coverage rate of sampling inspection of bulk coal must reach 100%.] it was learned from the Hebei Provincial Market Supervision Bureau that in order to strengthen the control of low-quality bulk coal, The bureau recently asked the province's market regulatory departments at all levels to strictly control the number of new bulk coal management enterprises, in-depth clean-up and rectification of existing coal management outlets. No coal areas and the whole world to complete the electric generation of coal gas instead of coal counties and cities, all the abolition of bulk coal sales outlets. "View detail

Key Words:  Copper  aluminum  lead  zinc  tin  nickel 

[SMM afternoon News] the US House of Representatives passed the short-term Expenditure Act * Guangxi Pingal has an annual production capacity of 800000 tons of recycled aluminum project to start.

Translation 12:12:16PM Dec 21, 2018 Source:Shanghai Nonferrous Metals Network
The content below was translated by Tencent automatically for reference.

Metal news

All construction sites will be shut down! Zhengzhou starts the first red early warning of heavy pollution in autumn and winter this year. Zhengzhou City has decided to issue a red early warning for heavily polluted weather at 22:00 on December 20 and immediately launch a first-class emergency response, according to the Zhengzhou Environmental Protection Bureau. It is reported that this is the first red warning launched in Zhengzhou this autumn and winter. As of the evening of December 20, all 18 municipalities in Henan Province had launched an early warning of heavily polluted weather. "View detail

Ganzhou rare Earth Group Co., Ltd. successfully completed the smelting separation within the group, Comprehensive utilization of the fourth quarter inspection of enterprises] for the continuous implementation of the letter on the Organization of the Special Action to crack down on rare Earth violations (Jiangxi Gong Xin Nonferrous letter (2018) 486, The spirit of the document "letter on the Organization of Special Action to crack down on rare Earth violations" (Gan City work letter (2018) No. 9), To welcome the decision of the supervision group of the group company to carry out the quarterly regular inspection and irregular spot inspection of the subsidiaries of the group by cooperating with the inspection of rare earth anti-triad work of provinces, cities and counties (districts) in 2018, The group company transferred the production technology department, the finance department and the strategic development department and other departments to set up the inspection working group to carry out the special inspection of the smelting separation and comprehensive utilization enterprises in the group. "View detail

[Xiamen tungsten industry plans to acquire permanent magnet motor enterprises for 35 million yuan] Xiamen tungsten industry announced on December 7 that in order to extend the industrial chain in the field of rare earth applications, Xiamen tungsten industry has officially entered the motor industry. It is clear that the motor industry is the strategic development direction of Xiamen tungsten rare earth industry. Xiamen tungsten industry bought 100% stake of Xi'an Yingweiteng Motor Co., Ltd for 35 million yuan. The acquisition consideration represents a premium of 97.87% over the asset valuation. Xi'an Yingweiteng engaged in CNC machine tool industry spindle motor, motorized spindle research and development and small-scale production, with all kinds of high-speed permanent magnet synchronous motor new technology and stereotyped products, but also has the ability of continuous research and development. "View detail

[Rainbow rare earths do not meet the target of 400 tons of rare earth concentrate per month] earlier, Rainbow officials reported that production in the second quarter of 2018 was 10 percent higher than in the first quarter of 2018, although production was affected by more severe rainfall and road erosion in April than usual. Rainbow can still increase production. In June, after the implementation of an improved mining plan, the mining rate of Gasagwe increased significantly. Monthly concentrate production is now expected to be 50 to 100 per cent higher than it was in the first six months of 2018. "View detail

Macro market

[the US House of Representatives passes the short-term spending bill including Trump's $5 billion border wall budget] on Thursday, local time, the US House of Representatives passed a bill to allocate funds to federal agencies until February 8, More than $5 billion will be allocated to Trump's border wall. Some media reports say the budget approved by the House of Representatives will reach $5.7 billion. However, this may have pushed the US government a step further towards a partial shutdown. "View detail

The European Commission today reached a compromise with the Italian government on Italy's 2019 budget and does not intend to initiate a penalty procedure for violations against the southern European country for the time being. European Commission Vice President Valdis Dongbrofskis said on the same day that the European Union and Italy reached an agreement on Italy's 2019 budget after two weeks of "intense consultations." "View detail

Terminal market

[property market horizontal regulation and control is still "strict" word at the head of the housing enterprise monthly sales performance fell year-on-year, first-tier city second-hand housing prices fell for several consecutive months compared with the previous month. At the end of the year, all kinds of signs of the real estate industry show that under the combination of loan restriction, purchase restriction, sales restriction and price restriction, the rising trend of house prices has been curbed. "View detail

[Ouyang Minggao: Ningde era 304 watt hours / kg power battery for commercial use next year] at the media briefing of the China Electric vehicle 100 meeting held on December 16, Ouyang Minggao, executive vice chairman of the 100 people's Congress and academician of the Chinese Academy of Sciences, introduced it. The specific energy of high nickel ternary positive electrode and silicon-carbon negative electrode battery developed in Ningde era has reached 304 watt-hours / kg, and will be industrialized and put on the market next year. "View detail

[lithium electricity material demand for lithium hydroxide is high, Tianqi lithium industry overseas project began commissioning] on December 18, Australia time, Tianqi lithium industry in Australia to build the quinana lithium hydroxide phase I project started phased commissioning work. The project began in October 2016 and was completed by the end of the year as previously scheduled. "View detail

[new energy production qualification "high threshold" of new forces under the phase of sentient beings] a few days ago, cars and families plan to spend 650 million yuan to buy Lifan vehicle qualifications, so that the industry's attention once again focused on the production qualification of new energy passenger vehicles. As we all know, compared with other industries, cars have strong technical requirements, and the national level has set a higher "threshold" for this, which has become a difficult problem for new car-building forces to bypass. "View detail

Related market

[entering the new energy sector, Guangxin material plans to increase the capital of electrolyte company Hangsheng Energy by 30 million] on the evening of December 19, Guangxin material issued an announcement saying that The company and Dongguan Hangsheng New Energy Materials Co., Ltd. (hereinafter referred to as "Hangsheng Energy") and its existing shareholders Huang Jihong and other six shareholders signed the "Investment Agreement" on the same day. According to the announcement, Guangxin material contributed 30 million yuan to Hangsheng Energy in the form of cash, subscribed for 30 million yuan of new registered capital of Hangsheng Energy, and after the capital increase was completed, the company accounted for 60 per cent of the equity stake of Hangsheng Energy. In addition, it provided 10 million yuan in debt investment to Hangsheng Energy in the form of guarantees for bank loans. "View detail

[green beauty: increase capital of Jingmen green beauty with its own capital of 1 billion yuan] the latest announcement of green beauty shows that on December 18, The board of directors of the company agreed to increase the capital of Jingmen Green Mei New Materials Co., Ltd. (hereinafter referred to as "Jingmen Green Beauty") with its own capital of 1 billion yuan. According to the announcement, after the completion of the capital increase, the registered capital of Jingmen Greentree will change from 5.895 billion yuan to 6.895 billion yuan. "View detail

[Henan issued a three-year action plan for coal consumption reduction] the Henan provincial government issued the Henan Coal consumption reduction Action Plan (2018-2020). According to the plan, by 2020, the total coal consumption in the province will be about 15 percent lower than that in 2015, the concentration of coal consumption will be further increased, and the proportion of thermal coal consumption will reach more than 52 percent. "View detail

[Hebei Province should strengthen the control of low-quality bulk coal the coverage rate of sampling inspection of bulk coal must reach 100%.] it was learned from the Hebei Provincial Market Supervision Bureau that in order to strengthen the control of low-quality bulk coal, The bureau recently asked the province's market regulatory departments at all levels to strictly control the number of new bulk coal management enterprises, in-depth clean-up and rectification of existing coal management outlets. No coal areas and the whole world to complete the electric generation of coal gas instead of coal counties and cities, all the abolition of bulk coal sales outlets. "View detail

Key Words:  Copper  aluminum  lead  zinc  tin  nickel