Baiyin Nonferrous Plans to Sell 33 Tonnes of Crude Selenium via Competitive Bidding in May 2026
SMM May 12 – According to official information from Baiyin Nonferrous Group Co., Ltd., the company plans to sell 33 tonnes of crude selenium, with pricing based on a competitive bidding process for a premium/discount. The floor discount is set at RMB 4,000/tonne. The project requires at least three bidders to register before the auction can proceed as scheduled. The registration deadline is 17:00 on May 14, 2026. The bidding will begin at 10:00 on May 15, 2026. Given the recent strong trading prices for crude selenium tenders in the market, market participants expect the outcome of this premium bidding to be promising.