SIA: 's export control to Russia will not cause immediate risk in the global semiconductor supply chain.

[Tungsten Flash News] SMM July 10: A tungsten enterprise in Guangdong has released its long-term contract prices for the first half of July. Among them, 55% wolframite concentrates are executed at 411,000 yuan/standard tonne (65%WO3 basis), and 55% scheelite concentrates are executed at 410,000 yuan/standard tonne (65%WO3 basis). Ore-side long-term contract prices have been lowered by 107,000 yuan/standard tonne MoM. APT (national standard zero grade) is executed at 600,000 yuan/mt, down 180,000 yuan/mt MoM.

[SMM Magnesium Express] Announcement No. 26 of 2026 by the Ministry of Commerce, announcing relevant matters on further improving the reporting and handling of illegal and irregular export control of strategic mineral dual-use items, will be officially implemented from July 1, 2026. The announcement stated that in order to fully play the role of social supervision and crack down on illegal and irregular export control of strategic dual-use mineral items, in accordance with laws and regulations such as the Export Control Law of the People's Republic of China and the Foreign Trade Law of the People's Republic of China, the Ministry of Commerce has decided to further improve the reporting and handling of illegal and irregular export control of strategic dual-use mineral items. The announcement lists thirteen types of reportable situations, including unauthorized export, exceeding the scope of the license, splitting parts to evade the license, bypassing third countries to evade control, and includes intermediaries who knowingly provide agency, customs declaration, financial and other services in the scope of accountability. For magnesium exports, magnesium and its products have been included in the management of dual-use item export licenses since 2026. The new regulations significantly reduce the gray operation space such as false reporting, concealment, and transit. Especially with the continuous tightening of export controls on Japan, the export of high-purity magnesium products used for aluminum processing has come to a standstill; The situation of bypassing a third country to evade control is clearly listed as a reporting situation, which increases the risk of transit trade. Overall, magnesium exports are accelerating from "wide entry and wide exit" to "strict management and control", and compliant operation has become the bottom line for enterprise survival.

[SMM Magnesium Express] Recently, the Funiangyuan annual 400,000-ton nonferrous metal new materials project in the Ningde Zirconium-Magnesium New Materials Industrial Park is progressing in an orderly manner. As a key project to strengthen and supplement the local zirconium-magnesium-aluminum industrial chain, the first phase of the project plans an annual output of 100,000 tons of low-carbon aluminum alloy production lines. Upon completion, it will further solidify the foundation of the park's new materials industry. With the project advancing, the industrial chain synergy of the Ningde Zirconium-Magnesium New Materials Industrial Park is expected to strengthen, providing supporting infrastructure for the development of a magnesium-based new materials industrial cluster.