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Non Ferrous News Today

Latest Market News Of Non Ferrous

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[SMM Analysis] Tibet Zabuye Lithium's 10,000 mt Battery-Grade Lithium Carbonate Production Line Officially Launched

[SMM Analysis] Tibet Zabuye Lithium's 10,000 mt Battery-Grade Lithium Carbonate Production Line Officially Launched

Tibet Mining has announced the official launch of a 10,000 mt battery-grade lithium carbonate production line at Tibet Zabuye Salt Lake, marking notable progress in their green development and utilisation project.
Taiwan’s basic metal output up 7.3 percent in May from April

Taiwan’s basic metal output up 7.3 percent in May from April

Taiwan's industrial production rose 12.1% in May from the previous month, with a year-on-year increase of 16.1%, as per the country’s Ministry of Economic Affairs. Basic metal manufacturing witnessed a rise of 7.3%.
LME nickel futures increase on Jun 24, short-term nickel prices to remain volatile

LME nickel futures increase on Jun 24, short-term nickel prices to remain volatile

Nickel prices at London Metal Exchange climbed by $101/ton, closing at $17,325/ton on June 24, boosted by a drop in the U.S. Dollar index. However, due to increased LME inventory and tepid market demand, short-term volatility is expected.
LME’s nickel prices increase on Jun 19

LME’s nickel prices increase on Jun 19

Nickel futures on the London Metal Exchange rose by US$78/ton, closing at US$17,372/ton. Despite inventory increases, lower than expected US retail sales data and falling dollar index, pushed nickel prices up. Short-term fluctuations are anticipated.
OfBusiness Zinc Daily Market Report | 10th May 2024
Zinc
Daily Market Report
10 May

OfBusiness Zinc Daily Market Report | 10th May 2024

As of yesterday, LME zinc opened at $2908/ton, hitting a low and high of $2868/ton and $2932/ton respectively, and closed at $2910/ton, up $4/ton or 0.15%. Today, LME Zinc trading commenced at $2921/ton.
OfBusiness Copper Daily Market Report | 10th May 2024
Copper
Daily Market Report
10 May

OfBusiness Copper Daily Market Report | 10th May 2024

LME copper prices, yesterday, closed at $9,961/ton, down by 0.49%. Today, LME copper prices, trading at $9,994/ton, are up by 0.34%. The most active SHFE 2404 Copper contract, yesterday, settled at 79,600 yuan/ton.
China develops aluminum alloy with heat resistance of 500 degrees Celsius

China develops aluminum alloy with heat resistance of 500 degrees Celsius

Chinese scientists have developed a high-strength aluminum alloy with heat resistance of 500 degrees Celsius, surpassing the previous limit of 350 degrees. This lightweight, corrosion-resistant material could offer solutions to long-term engineering challenges.
GACC: China's copper concs imports jump 11.8% YoY in April

GACC: China's copper concs imports jump 11.8% YoY in April

In April, China's copper concentrate imports climbed by 11.8% year-on-year to 2.35 million tons, announces China's General Administration of Customs, marking significant growth.
OfBusiness Zinc Daily Market Report | 9th May 2024
Zinc
Daily Market Report
9 May

OfBusiness Zinc Daily Market Report | 9th May 2024

As of yesterday, LME zinc opened at $2947/ton before moving down to a low of $2856/ton. It eventually closed down $33/ton or 1.12% at $2910/ton. Today, LME Zinc trading commenced at $2906/ton.
Lower energy prices help copper producer Aurubis’ first-half profit

Lower energy prices help copper producer Aurubis’ first-half profit

Profiting from falling energy costs, Europe's biggest copper producer, Aurubis AG, reported higher than anticipated first-half core profit.

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