[Minor metal] Jinchuan Group Raises Refined Cobalt Ex-works Prices to RMB 335,000/mt

<p>SHANGHAI, July 14 (CBI China)&nbsp;-- Overnight LME aluminum price fell slightly, and today SHFE aluminum opened low and then moved stably. Trading volumes contracted and positions declined by 2,296 lots. The inventories continued to increase, and aluminum price is expected to fall during seasonal low demand period, but with limited downward room.</p>
<p>SHFE Market</p>
<p>
<table cellspacing="0" cellpadding="0" border="1" style="border-right: medium none; border-top: medium none; border-left: medium none; border-bottom: medium none; border-collapse: collapse">
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            <td nowrap="nowrap" width="89" rowspan="2" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: windowtext 1pt solid; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 67pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div style="margin: 0cm 4pt 0pt -1.8pt" align="center"><span style="font-size: 10pt">&nbsp;</span></div>
            </td>
            <td nowrap="nowrap" width="311" colspan="3" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: windowtext 1pt solid; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 233.35pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div style="margin: 0cm 4pt 0pt -1.8pt" align="center"><span style="font-size: 10pt">Aluminum &ndash; Spot Month</span></div>
            </td>
            <td nowrap="nowrap" width="144" rowspan="2" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: windowtext 1pt solid; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 108pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div style="margin: 0cm 4pt 0pt -1.8pt" align="center"><span style="font-size: 10pt">RMB/USD</span></div>
            </td>
        </tr>
        <tr style="height: 14.25pt">
            <td nowrap="nowrap" width="111" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 83pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div style="margin: 0cm 4pt 0pt -1.8pt" align="center"><span style="font-size: 10pt">SHFE Close</span></div>
            </td>
            <td nowrap="nowrap" width="93" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 70pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div style="margin: 0cm 4pt 0pt -1.8pt" align="center"><span style="font-size: 10pt">Settlement</span></div>
            </td>
            <td nowrap="nowrap" width="107" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 80.35pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div style="margin: 0cm 4pt 0pt -1.8pt" align="center"><span style="font-size: 10pt">Weighted Ave.</span></div>
            </td>
        </tr>
        <tr style="height: 14.25pt">
            <td nowrap="nowrap" width="89" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 67pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div style="margin: 0cm 4pt 0pt -1.8pt" align="center"><span style="font-size: 10pt">June 15<sup>th</sup> </span></div>
            </td>
            <td nowrap="nowrap" width="111" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 83pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div align="center"><span style="font-size: 10pt">13,500</span></div>
            </td>
            <td nowrap="nowrap" width="93" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 70pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div align="center"><span style="font-size: 10pt">13,500</span></div>
            </td>
            <td nowrap="nowrap" width="107" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 80.35pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div align="center"><span style="font-size: 10pt">13,100</span></div>
            </td>
            <td nowrap="nowrap" width="144" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 108pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div align="center"><span style="font-size: 10pt">1:6.8343</span></div>
            </td>
        </tr>
        <tr style="height: 14.25pt">
            <td nowrap="nowrap" width="89" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 67pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div style="margin: 0cm 4pt 0pt -1.8pt" align="center"><span style="font-size: 10pt">July 14<sup>th</sup>&nbsp;&nbsp;&nbsp; </span></div>
            </td>
            <td nowrap="nowrap" width="111" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 83pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div align="center"><span style="font-size: 10pt">13,510</span></div>
            </td>
            <td nowrap="nowrap" width="93" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 70pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div align="center"><span style="font-size: 10pt">13,560</span></div>
            </td>
            <td nowrap="nowrap" width="107" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 80.35pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div align="center"><span style="font-size: 10pt">13,559</span></div>
            </td>
            <td nowrap="nowrap" width="144" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 108pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div align="center"><span style="font-size: 10pt">1:6.8332</span></div>
            </td>
        </tr>
    </tbody>
</table>
&nbsp;</p>
<p>
<table cellspacing="0" cellpadding="0" border="1" style="border-right: medium none; border-top: medium none; border-left: medium none; border-bottom: medium none; border-collapse: collapse">
    <tbody>
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            <td nowrap="nowrap" width="89" rowspan="2" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: windowtext 1pt solid; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 67pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div style="margin: 0cm 4pt 0pt -1.8pt" align="center">&nbsp;</div>
            </td>
            <td nowrap="nowrap" width="311" colspan="3" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: windowtext 1pt solid; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 233.35pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div style="margin: 0cm 4pt 0pt -1.8pt" align="center"><span style="font-size: 10pt">Aluminum &ndash; 3mth</span></div>
            </td>
            <td nowrap="nowrap" width="144" rowspan="2" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: windowtext 1pt solid; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 108pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div style="margin: 0cm 4pt 0pt -1.8pt" align="center"><span style="font-size: 10pt">Shanghai Spot</span></div>
            <div style="margin: 0cm 4pt 0pt -1.8pt" align="center"><span style="font-size: 10pt">A00 Aluminum Ingot</span></div>
            </td>
        </tr>
        <tr style="height: 14.25pt">
            <td nowrap="nowrap" width="111" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 83pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div style="margin: 0cm 4pt 0pt -1.8pt" align="center"><span style="font-size: 10pt">SHFE Close</span></div>
            </td>
            <td nowrap="nowrap" width="93" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 70pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div style="margin: 0cm 4pt 0pt -1.8pt" align="center"><span style="font-size: 10pt">Settlement</span></div>
            </td>
            <td nowrap="nowrap" width="107" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 80.35pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div style="margin: 0cm 4pt 0pt -1.8pt" align="center"><span style="font-size: 10pt">Weighted Ave.</span></div>
            </td>
        </tr>
        <tr style="height: 14.25pt">
            <td nowrap="nowrap" width="89" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 67pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div style="margin: 0cm 4pt 0pt -1.8pt" align="center"><span style="font-size: 10pt">June 15<sup>th</sup> </span></div>
            </td>
            <td nowrap="nowrap" width="111" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 83pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div align="center"><span style="font-size: 10pt">13,295</span></div>
            </td>
            <td nowrap="nowrap" width="93" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 70pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div align="center"><span style="font-size: 10pt">13,315</span></div>
            </td>
            <td nowrap="nowrap" width="107" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 80.35pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div align="center"><span style="font-size: 10pt">12,875</span></div>
            </td>
            <td nowrap="nowrap" width="144" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 108pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div align="center"><span style="font-size: 10pt">13,525</span></div>
            </td>
        </tr>
        <tr style="height: 14.25pt">
            <td nowrap="nowrap" width="89" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 67pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div style="margin: 0cm 4pt 0pt -1.8pt" align="center"><span style="font-size: 10pt">July 14<sup>th</sup>&nbsp;&nbsp;&nbsp; </span></div>
            </td>
            <td nowrap="nowrap" width="111" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 83pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div align="center"><span style="font-size: 10pt">13,395</span></div>
            </td>
            <td nowrap="nowrap" width="93" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 70pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div align="center"><span style="font-size: 10pt">13,385</span></div>
            </td>
            <td nowrap="nowrap" width="107" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 80.35pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div align="center"><span style="font-size: 10pt">13,391</span></div>
            </td>
            <td nowrap="nowrap" width="144" style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: #ece9d8; padding-left: 5.4pt; padding-bottom: 0cm; border-left: #ece9d8; width: 108pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 14.25pt; background-color: transparent">
            <div align="center"><span style="font-size: 10pt">13,565</span></div>
            </td>
        </tr>
    </tbody>
</table>
</p>
<p>&nbsp;</p>
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