• China's FeMo price slips after hitting five-year high Apr 12, 2018

  China's ferro-molybdenum price has been sliding non-stop since hitting a five-year high at Yuan 118,000/tonne ($18,800/t) on March 20, down Yuan 8,000/tonne in the past three weeks or so, amid receding buying enthusiasm at high prices and weakening demand, market sources shared on April 11.

• POSCO changing course after turning 50 Apr 03, 2018

  POSCO, South Korea's largest steel company, marked its 50th anniversary on April 1 by setting out a new vision for the future that will prioritize new business areas such as energy and new materials over its traditional business, steel.

• Glencore to sell cobalt materials to China's GEM Mar 16, 2018

  Switzerland-headquartered Glencore International AG will provide cobalt hydroxide to GEM Co., a Chinese metals recycler, and to several GEM subsidiaries over 2018-2020, according to GEM's release on March 14.

• CSSC: China's 400-series SS output proportion to rise Mar 15, 2018

  China's 400-series stainless steel output is expected to grow further, thus regaining some market share from the low-quality 200-series in the coming years, according to a post by the Stainless Steel Council of China Special Steel Enterprises Association (CSSC) on March 13.

• Huayou to build a ternary material base for Li-ion battery Mar 14, 2018

  Zhejiang Huayou Cobalt (Huayou), China's top nonferrous materials processor, will build a base manufacturing 150,000 tonnes/year of ternary material for lithium ion batteries in East China's Zhejiang province, according to a March 13 post on the company's website.

• China's Mo concentrates price hits a five-year high Mar 12, 2018

  China's price for molybdenum concentrates has hit a five-year high as domestic supplies are now tight, say industry sources, while the Chinese moly producers are actively rebuilding their stocks of the raw material after the week-long Chinese New Year holiday break.

• Congo president to hike mining taxes albeit opposition Mar 09, 2018

  Joseph Kabila, President of Democratic Republic of Congo (DRC), will soon adopt a new controversial mining code that will increase domestic mining costs despite that a group of global miners have been vigorously lobbying against the revision, according to a government announcement released on March 7.

• China expects good tungsten market in 2018: CNMN Mar 09, 2018

  The outlook for China's tungsten market this year is positive, with domestic demand for the metal seen benefiting from China's focus on new materials and advanced manufacturing in its still-robust economy, argued a post on China Nonferrous Metal Network(CNMN) on March 2.

• POSCO broadens lithium base with Pilbara partnership Mar 05, 2018

  POSCO, South Korea's top steelmaker, signed a binding off-take deal with Australia's Pilbara Minerals for procuring 80,000 tonnes/year of chemical grade spodumene concentrate, the raw material for lithium production, from the Pilgangoora Lithium-Tantalum project in West Australia, according to Pilbara Minerals' latest release.

• Jiangxi Tungsten back to profitmaking at $2 mln in 2017 Mar 02, 2018

  Jiangxi Tungsten Holding Group posted a Yuan 12.7 million ($2 million) net profit in 2017, which ended its loss-making in the previous few years thanks to its consolidation of its two subsidiaries in tungsten business and the recovery in tungsten prices, according to an industrial source that is close to the company on March 1.

• China's lithium-ion battery output up 31.3% in 2017 Feb 27, 2018

  China's lithium-ion battery production grew 31.25% on year in 2017 partly due to the country's robust development in new energy vehicles (NEVs), and the battery market is with an even brighter future in 2018 with Chinese government's promotion of NEVs in the domestic market by waiving the 10% tax on NEVs sales over 2018-2020, market sources shared.

• Vale reduces footprints in nonferrous metals in 2017 Feb 22, 2018

  Vale implemented its business strategy for a "smaller footprint" in both nickel and copper in 2017 by reducing the output in these two metals, according to its latest quarterly report released on February 16.

• CNMC orders facilities from CITIC HIC for Cu-Co project Feb 01, 2018

  China Nonferrous Metal Mining Group Co (CNMC) contracted CITIC Heavy Industries Co for ore processing facilities for its Deziwa copper-cobalt mining project in Congo in central Africa, officials from both companies confirmed on February 1.

• Xiamen Tungsten working to reactivate W export license Jan 10, 2018

  Xiamen Tungsten is in the process of applying for its tungsten export license to be reactivated after it was temporarily frozen by China's Ministry of Commerce (MoC) for 2018-2019 exports because of two pending issues, a company official confirmed on January 8.

• China Moly acquiring LDC's metals business Dec 28, 2017

  NCCL Natural Resources Investment Fund, newly-incorporated entity by a subsidiary of China Molybdenum Co. and two other asset management companies, will acquire the full ownership of Louis Dreyfus Company's metals platform, according to a recent statement from China Moly.

• Lingnan sells 60% stake in Canadian lithium project Dec 21, 2017

  Global Star Corporation, a subsidiary of Shenzhen Zhongjin Lingnan Nonfemet (Lingnan), has sold its 60% stake in the Moblan lithium project in Quebec, East Canada, for $60 million on December 19, Lingnan confirmed on December 21.