The auction of metallic gallium by Guizhou Huajin Aluminum Industry was successfully concluded [SMM Gallium Report]

Published: Jun 25, 2025 13:27

Save

SMM News on June 25: According to market feedback obtained by SMM, it is rumored that Guizhou Huajin Aluminum Industry Co., Ltd. held a public auction yesterday to sell gallium metal with a quality standard of Ga4N that complies with the national standard GB/T 1475-2022. The final transaction price was around 1,700 yuan/kg. The actual transaction volume is unknown, but unofficial sources claim it was in the hundreds of kilograms.

Market participants stated that the quality of Guizhou Huajin Aluminum Industry Co., Ltd.'s gallium products is stable and currently enjoys a good reputation in the market. Downstream acceptance of the company's gallium products is also high. However, with the tender transaction price at around 1,700 yuan/kg, overall, the price is relatively weak, indicating insufficient demand and buying interest for gallium in both the end-use market and the speculative market at present. The actual transaction volume further supports this view. Coincidentally, today, Sanmenxia Aluminum Industry's 4N gallium is also undergoing a tender process. It is unknown whether it has been influenced by the tender results of Guizhou Huajin Aluminum Industry Co., Ltd. The base price, or starting bid, for Sanmenxia Aluminum Industry's 4N gallium tender is only 1,650 yuan/kg. The market is also waiting for the tender results of Sanmenxia Aluminum Industry. SMM will also provide follow-up reports.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

22 hours ago

A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.

[Tungsten Concentrate Tender Information] SMM February 7: A mine in Henan conducted an online tender on February 6 to sell 300 metric tons of low-grade tungsten concentrate. Lot A had an average WO3 grade of ≥25%, while Lots B and C had an average WO3 grade of ≥22%. The tender results for each lot are as follows: Lot A: 100 metric tons, tender price of 10,155 yuan/mtu. Lot B: 100 metric tons, tender price of 10,160 yuan/mtu. Lot C: 100 metric tons, tender price of 10,155 yuan/mtu.

22 hours ago

Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026

[Ganzhou Tungsten Industry Association's February Tungsten Price Forecast] The Ganzhou Tungsten Industry Association's forecast prices for the tungsten market in February 2026 are as follows: 55% black tungsten concentrate at 670,000 yuan per metric ton unit, up 210,000 yuan per metric ton unit MoM from the January price, an increase of 45.65%; ammonium paratungstate at 970,000 yuan/mt, up 300,000 yuan/mt MoM, an increase of 44.78%; medium-grain tungsten powder at 1,630 yuan/kg, up 480 yuan/kg MoM, an increase of 41.74%.

22 hours ago

Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up

Driven by tight spot raw material supply, a sharp hike in corporate long-term contract prices and festive effects, the tungsten market saw price rises on shrinking volumes this week with domestic and overseas markets moving up in tandem; the strong short-term trend is set to continue, and attention should be paid to the resumption of cemented carbide production, scrap tungsten supply and downstream demand release after the Spring Festival.

22 hours ago