KUNMING, China Zinc treatment and refining charges are expected to stay at high levels due to rising mine supply from Australia and South Africa, Chinese smelters, overseas miners and traders said this week at an industry gathering in China.
KUNMING, China/SINGAPORE China's top copper smelters on Thursday raised their fourth-quarter floor treatment and refining charges (TC/RCs) by 20% from the previous quarter, according to three people with knowledge of the matter.
* Smelting closure, more Indonesian supply push up floor
KUNMING, China Henan Yuguang Gold and Lead , China's largest lead producer, plans to set up a lead-acid battery production line as part of a downstream expansion, a company official said on Wednesday.
KUNMING, China China Hongqiao Group has agreed to set up a "green aluminum" industrial park in Southwest China's Yunnan, according to a statement on Wednesday, as the top aluminum producer seeks to capitalize on the province's hydropower resources.
BEIJING/JOHANNESBURG Chile's Codelco, the world's biggest copper producer, has agreed with some Chinese customers to keep its physical copper premium for 2020 unchanged from this year at $88 a tonne, according to two people with knowledge of the matter.
BEIJING China's nickel ore imports from Indonesia rose 26.5% year-on-year in August, customs data showed on Wednesday, as stainless steel producers stocked up on raw materials ahead of a ban on exports from the Southeast Asian country.
BEIJING China has around 80 days of oil in storage, including those in its strategic petroleum reserve (SPR), oil storage at oil firms and commercial stocks, a National Energy Administration (NEA) official said on Friday.
LONDON/BEIJING The London Metal Exchange (LME) will postpone plans to ban metal tainted by human rights abuses until 2025, giving producers three more years to comply with guidelines and the exchange time to rethink its approach, industry sources said.
* China court auctions off 28,336 T of ammonium