Wescoal Records Sales Boost


WESCOAL’S shares surged by more than 13 percent yesterday as the market welcomed the bumper sales volumes during the quarter to the end of June and the impending resuscitation of the Arnot mine.
“Arnot mine restart is imminent, with first coal expected during the 2021 calendar year. Both the Wescoal and Arnot OpCo management teams continue to work closely on ensuring that this target is met, including securing long-term coal offtake contracts for both domestic and export coal products,” said Wescoal.
Wescoal partnered with Innovators Resources to acquire the Arnot mine from Exxaro Resources in 2019. Exxaro closed Arnot in 2015 after attempts to negotiate a new coal supply agreement with Eskom failed. At the time, Eskom was following a strategy of not reinvesting in cost-plus mines.
Wescoal recorded a solid sales, production and trading performance during the quarter on a strong operational performance from the Moabsvelden mine in Delmas, Mpumalanga.
“Moabsvelden’s contribution to the group’s overall production and sales performance continues to increase as the box cut construction phase edges closer to completion. The project is, therefore, expected to significantly improve the group’s performance for the current financial year, compared to the 2021 financial year,” said Wescoal.
Mining sales were 2.02 million tons, 32 percent higher than a year earlier and 24 percent higher than the 1.6 million tons recorded in the previous quarter on Moabsvelden’s own and buy-in sales.
Moabsvelden was acquired from Keaton Energy in 2017 and made its first coal delivery to Eskom in March. The mine was set to be a game-changer for Wescoal and was expected to contribute 3 million tons of coal a year towards the company’s output capacity, representing new growth opportunities.
Wescoal said although the June quarter’s sales tonnage was lower at the Vanggatfontein and Elandspruit mines compared to a year earlier, they were higher than the previous quarter’s sales.
Vanggatfontein’s sales were again lower than the comparable quarter because of lower sales from the common box cut.
The group said sales volumes from the Khanyisa mine were lower than in the comparable quarter and in the previous quarter.
Production was boosted by Moabsvelden, but overall production was 2 percent lower than the comparable quarter because of significantly lower production at Vanggatfontein and Khanyisa.
Trading sales in the quarter under review were only 5 percent higher than in the previous quarter but 50 percent higher than in the comparable quarter because of the significant impact the lockdown had on sales volumes a year earlier.
“The performance for the first quarter of the 2022 financial year has therefore been encouraging,” said Wescoal.
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China’s Infrastructure Steel Demand Seen Soft In H2 Amid Lackluster Fiscal Spending


A modest outlook for China’s fiscal spending in the second half of 2021 is expected to keep infrastructure steel demand over the period flat or lower from a year earlier, sources said.
China has been making efforts to address hidden local debt risks associated with local governments, leading to curtailed fiscal spending in the infrastructure sector in the first half of 2021 than in the same period of 2020.
With expected lackluster demand for infrastructure steel in the second half of 2021, Chinese long steel prices and margins will largely depend on how strictly steel output cuts will be implemented through the period, the sources said.
Several provinces in China have announced plans to cut steel output in the second half of 2021 in a move that falls in line with the country’s efforts to keep this year’s annual crude steel output below 2020 levels.
Fiscal spending slows
According to data from Ministry of Finance, or MOF, fiscal spending on transportation over January-June declined 3% on the year, while spending on urban and rural communities over the same period fell 2% on the year.
The fiscal spending on these two sectors was also 16% and 32% lower, respectively, than in the same period of 2019.
Meanwhile, China issued Yuan 1.014 trillion ($156.4 billion) of new local government special bonds in H1, accounting for about 28% of the annual quota of Yuan 3.65 trillion, while over the same period of 2020, Yuan 2.231 trillion of special bonds were issued and accounted for 60% of the annual quota that year.
The special bonds are designed to mainly fund infrastructure projects.
However, China has tightened standards around the issuance of local government special bonds, in a bid to keep the funding from flowing into the property sector, and also keep the hidden debts from rising further. Therefore, special bonds issued in 2021 may fall short of the annual quota, and also remain lower than the number of bonds issued in 2020, according to sources.
China’s infrastructure investment in H1 rose 7.8% on the year, according to National Bureau of Statistics.
But the growth rate of infrastructure investment may turn negative in H2, while infrastructure steel demand may also decrease from a year earlier at the same time, partly due to higher base in H2 2020 and partly as a result of lackluster government funding, some sources said.
Output cuts boost steel futures
However, if China strictly implements steel output cuts, domestic steel demand from construction sites would still exceed supply and help push long steel prices and margins higher, some sources said.
Stricter cuts would drive China’s crude steel output down by 59 million mt, or 11%, on the year, in the second half of 2021, S&P Global Platts calculations based on National Bureau of Statistics data shows.
Although most steel mills have not yet started trimming steel output, the futures market has begun to price in the output cut factor, with the October rebar contract already rising to Yuan 5,753/mt, and the January 2022 contract to Yuan 5,774/mt as of July 29. The estimated margin of the January contract reached around Yuan 1,600/mt ($247/mt), a source said.
On July 28, the rebar transaction price in the Beijing spot market was Yuan 5,455/mt, with margins at $41/mt, according to Platts data.
Some market sources expect China’s steel production will be reduced in the second half from the first half of 2021, but it remains to be seen whether the output cut target will be fully achieved.
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China Raises Export Tariffs For Some Steel Products Again In Green Push


China will raise export tariffs for pig iron and ferrochrome, and remove export tax rebates for 23 steel products from Aug. 1, the second adjustment in three months as it seeks to ensure domestic supply while controlling output to curb emissions.
Export tariffs for high-purity pig iron will be lifted to 20% from 15%, and for ferrochrome will be increased to 40% from 20%, the Ministry of Finance said in a statement on Thursday.
The country will also cancel export tax rebates for 23 steel products, including some cold-rolled coils and silicon steel which have higher added-value compared with carbon steel.
“(The changes) aim to promote upgrade and high-quality development of the steel industry,” said the finance ministry.
China, the world’s top steel producer had already adjusted its tariffs on May 1, when it removed export tax rebates for 146 steel products, hiked pig iron and ferroalloys export tariffs and exempt some temporary import tariffs.
The adjustments came as the country wants to ensure domestic supplies when curtailing production for fewer carbon emissions.
However, as steel demand and prices are still well supported by the global economic recovery, the country’s steel products exports picked up 23% in June after a 34% drop in May.
Meanwhile, steel output in the first half also jumped 11.8% in China, making it harder to keep to the promise of no rise in annual crude steel production in 2021.
“The efforts to control exports are for more production curbs,” said Tang Chuanlin, analyst with CITIC Securities.
Tang also noted that the steel supply crunch will remain in the second half of the year.
“Even though considering the backflow of exported products, the industry is still facing more than 5% shortages,” he added.
Futures prices for the most-traded steel rebar and hot rolled coils on the Shanghai Futures Exchange had jumped 32% and 37%, respectively, so far this year.
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Coverage Initiated On ‘promising Gold Explorer With Option On Vanadium’


In a July 6 research note, analyst Timothy Lee reported that Red Cloud Securities has initiated coverage on Phenom Resources Corp. (PHNM:TSX.V; PHNMF:OTCQX; 1PY:FSE), a gold-vanadium explorer, with a Buy rating and a CA$1 per share target price. The stock’s current share price is about CA$0.74.
“Essentially, investors are getting a two-for-one special: a vanadium developer plus a gold explorer,” Lee wrote, noting that the market has accounted for only the vanadium, not the gold and not Phenom’s non-core assets.
Although Phenom has properties in Nevada (Carlin and AVP) and Arizona (West Jerome copper project), it is currently concentrating on advancing its Carlin project in Nevada’s Carlin Trend, which is surrounded by deposits and mines, Lee indicated. Phenom’s Carlin property boasts unique geography in the world-class, mining friendly jurisdiction of Nevada, both advantages to the company.
According to Lee, Phenom’s land package hosts “two very different metals, one compelling project.” The property contains the largest and highest-grade primary vanadium resource in North America, 378 million pounds at 0.59% V2O5, Indicated and Inferred. The deposit is approximately 35 meters (35m) thick, 1,800m long and 600m wide. Because it sits within 60m of the surface, open pit mining is viable.
Additionally, below the vanadium resource is gold with characteristics found with Carlin-type mineralization; initial drilling showed brecciation, alteration and trace elements associated with Carlin-type deposits. Phenom is now focused on drill-testing the highly prospective gold target identified on an induced polarization survey and outside the scope of initial drilling. Lee relayed that management believes the anomaly could represent a root system that is 1.2 kilometers (1.2km) long, up to 750m wide and more than 500m deep, and remains open to the north and south.
“With exposure to two completely different metals, we believe Phenom Resources is uniquely positioned to attract investors longing to ride the wave of a growing vanadium market, along with those seeking a potential new gold discovery,” Lee wrote.
Lee showed how an increase in the vanadium price would impact the Carlin project. The base case outlined in the 2020 preliminary economic assessment, which used a V2O5 price of US$10.65 per pound, showed an after-tax net present value discounted at 6% (NPV6%) of US$29 million and an after-tax internal rate of return of 7%. A 30% increase in the V2O5, to US$13.85 per pound, boosted the after-tax NPV6% to US$316 million and the after-tax IRR to 15.85%.
“Because Carlin’s vanadium resource backstops Phenom’s valuation, we expect its share price to somewhat resemble that of a call option,” Lee wrote.
Also in Phenom’s favor is the company’s “top-notch team with a proven track record for discovery,” Lee wrote. Renowned geologist and Carlin Trend expert Dave Mathewson is heading Phenom’s exploration work. He has discovered about 5 million-plus ounces of gold within 10km of Phenom’s Carlin project. Phenom’s CEO, Paul Crowley, is also an experienced geologist who has worked in the industry for 41 years.
Catalysts on the horizon for Phenom encompass all three of its projects, Lee noted. For one, additional geophysical survey results are imminent. Also expected before year-end are results of Carlin gold target drilling, AVP drilling and West Jerome gravity surveying.
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TNG Limited Hits Major Milestones In Advancing Mount Peake Vanadium-Titanium-Iron Project


TNG Limited (ASX: TNG) ticked the box for several major milestones as it progressed its flagship Mount Peake vanadium-titanium-iron project during the June quarter – closing the period with $11.4 million in cash.
The project’s advanced stage comes at a time the outlook remains “very strong” for the proposed products of vanadium pentoxide, titanium dioxide pigment and iron ore fines.
During the three months ending June 2021, SMS Group progressed the front-end engineering and design (FEED) study for Mount Peake – resulting in its completion earlier this week.
SMS also delivered the font-end loading-3 (FEL-3) report on the proposed Darwin-based TIVAN processing facility and associated plants in the Northern Territory.
The report indicates a beneficiation plant at the Mount Peake mine site would process up to 2.1 million tonnes per annum of ore to produce 700,000tpa of vanadium and titanium-bearing magnetite, which would then be trucked and refined further at the Darwin TIVAN processing facility.
An initial capital cost estimate for the beneficiation plant has been revealed of $146 million.
TNG and SMS are continuing to collaborate on finalising the optimal delivery for Mount Peake culminating in SMS submitting a final commercial development proposal.
Environmental Impact Statement advances
Also during the period, TNG received a request from the NT Environmental Protection Authority to supply additional information to support is Environment Impact Statement regarding the processing facility.
This additional information is part of the new EP Act 2019 that took effect mid-last year.
TNG expects to submit the requested data within the next 12 months.
Green energy strategy
As part of TNG’s green energy strategy, it inked a heads of agreement in June with Malaysia-based AGV Energy & Technology.
Under the HoA, the companies will look at collaborating on integrating vanadium redox flow batteries (VRFB) with AGV’s green hydrogen production technology known as HySustain.
The duo then plans to explore opportunities to commercialise HySustain in Australia.
Earlier in the quarter, TNG inked a HoA with Singapore company V-Flow Tech.
This agreement paves the way for V-Flow and TNG to commercialise VRFB systems in regional Australia.
Mount Peake mine
TNG’s Mount Peake project is 235km northwest of Alice Springs.
It hosts a shallow and flat-lying ore body with a JORC resource totalling 160 million tonnes at 0.28% vanadium, 5.3% titanium dioxide and 23% iron.
TNG considers Mount Peak one of the world’s largest undeveloped vanadium-titanium-iron projects.
Mount Peake has secured major project status from both the federal and territory governments.
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Analysis On Ferrovanadium Operating Rate And Output Statistics In July 2021


www.ferroalloynet.com: According to the incomplete statistics of 34 ferrovanadium production companies on this website, about 19 companies produced in July, with an operating rate of about 55.9%; the total output of ferrovanadium was about 4135 tons, an increase of 265 tons from the previous month. The bidding price of ferrovanadium is 140,000-144,000 CNY/Ton, and the retail market quotation is still high and low, and it is 142,000-145,000 CNY/Ton in cash, but the overall market transaction is less, and manufacturers are less enthusiastic about production.

Product Operating rate Change MOM(%) Output(Ton) Change MOM(Ton)
ferrovanadium 55.90% ↓2.9% 4135 ↑265

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Analysis On V2O5 Powder Operating Rate And Output Statistics In July 2021


www.ferroalloynet.com: According to this website’s incomplete statistics of 27 vanadium pentoxide (V2O5 powder) manufacturers, there were about 14 manufacturing companies in July, with an operating rate of 51.9% and a total output of about 742 tons of V2O5 powder, an increase of 62 tons from the previous month’s output. Ton. The price of V2O5 powder has dropped slightly recently, but it is still mainly stable. The manufacturers said that the downstream inquiries are not enthusiasm and the orders are mostly for long-term customers.

Product Operating rate Change MOM(%) Output(Ton) Change MOM(Ton)
V2O5 powder 51.90% ↑9.6% 742 ↑62

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V2O5 Flake Stalemate Maintains Stability, Vanadium-Nitrogen Steel Bidding Is Under Pressure


www.ferroalloynet.com: The quotations of domestic vanadium products today are the same as yesterday, the trading of V2O5 flake is deadlocked, and the transactions of alloys are not going well. From the perspective of transactions in the alloy market, the steel bidding market is under pressure. Vanadium-nitrogen alloy price is 193,000-195,000 CNY/Ton (by acceptance with tax), and scattered transactions have been suppressed to around 189,000 CNY/Ton in cash. Although the long unit price of V2O5 flake manufacturers in August maintained at 132,000 CNY/Ton (by acceptance with tax), and 130,000 CNY/Ton in cash, due to cost pressure, although the alloy factory intends to raise the price, it is forced by inventory and capital pressure on the one hand. On the other hand, in the short term, the market is weak and stable. Therefore, the intention of small price cuts is high, and the quotation is lowered to 189,000-192,000 CNY/Ton.

Retail V2O5 flake quotations are mostly based on large manufacturers’ prices, but transactions are difficult. The downstream alloy plant target purchase price not to exceed the cash price of 129,000 CNY/Ton, a small number of transactions, low-priced resources are more difficult to find. In general, the upstream and downstream are in a stalemate state, the upstream is reluctant to sell, the downstream is cautious, and the transaction slows down.
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Vanadium Production From Large Mines In Q2 And H1 2021


www.ferroalloynet.com: According to the quarterly report from companies, FerroAlloyNet make one production summarization on the large vanadium companies. Detailsare as below.

Evraz

Gross vanadium slag production from Evraz in Q2 2021 was 5206 tonnes, with a growth of 8.5% from last quarter of 4,798 tonnes . In the first half of 2021, Evraz produced 10,004 tonnes gross vanadium slag, declining by 0.7% compared with the quantity of 10,077 tonnes in H1 2020. Its sales of vanadium products fell by 3.6% QoQ to 3,247 tonnes in Q2 2021, mainly due to changing the regional sales and product mix to support the increased FeV demand, resulting in longer lead times. And its half year sales of vanadium products in 2021 were 6,615 tonnes, climbing by 17.9% compared to the same period of 2020.

Largo Resources Ltd

Its V2O5 production was 3,070 tonnes (6.8 million lbs) in Q2 2021, a 20% increase over Q2 2020 and 55% above Q1 2021. And its sales were 3,027 tonnes of V2O5 equivalent from its Maracás Menchen Mine in Q2 2021.The key reason for this increasing was that the Company concluded the commissioning and ramp up activities associated with its kiln and cooler upgrades, including improvements of the mining, crushing and milling circuits to support a new nameplate production capacity of 1,100 tonnes of V2O5 per month in Q1 2021.  Largo produced 5,056 tonnes V2O5 in H1 2021, slightly decreasing by 6.25% compared to the quantity of 5,393 tonnes in H1 2020.

Bushveld Minerals Limited
Group production in Q2 2021 was 886 mtV (Q1 2021: 688 mtV), underpinned by improved operational stability at Vametco in the period. Group sales in Q2 2021 was 820 mtV1 (Q1 2021: 788 mtV), supported by higher production volumes at Vametco.
Vametco produced 278 mtV and 261 mtV for the months of May and June respectively, as a result of improved operational stability and performance following the 35-day maintenance shutdown in Q1 2021. And its quarterly production in Q2 2021 was 593 mtV, with a growth of 50.3% compared with that in Q1 2021. H1 2021 production of 988 mtV, was 19 % lower than H1 2020 (H1 2020: 1,226 mtV), due to poor plant performance in Q1 2021 and the unprotected industrial action in April 2021, subsequently followed by improved performance and stability in Q2 2021.
And Vanchem produced 293 mtV in Q2 2021 in line with Q1 2021 (Q1 2021: 293 mtV). H1 2021 production of 586 mtV was 35 per cent higher than H1 2020 production (H1 2020: 435 mtV), as a result of the temporary suspension of operations in Q2 2020 due to the 21-day COVID-19 nationwide shutdown in South Africa.

Company

Location

Products

Q1 2020 

Q2 2020 

Q3 2020 

Q4 2020

Q1 2021

Q2 2021

Bushveld

Vanchem

V2O5, FeV

219

212

294

261

293

293

Vametco

Vanadium (Nitrovan plus FeV)

652

566

725

703

395

593

Total( mtV)

871

778

1019

964

688

886

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V2O5 Powder Operating Rate And Output Statistics In July 2021


Region Company Spec. Furnace model Monthly production capacity Running furnace Output (ton)
Hunan Yueyang Zhongxing Chemical Co., Ltd Powder Rotary kiln 10 1 6
Hunan Sanfeng VanadiumIndustry Co., Ltd 99Powder Rotary kiln(5) 150 2 50
Hunan Huaihua Hongjiang Zhenyuan Vanadium Electric Co., Ltd Powder Rotary kiln(4) 110 2 60
Hunan Huifeng New Energy Co., Ltd Powder Rotary kiln 100 1 30
Hubei Xianning Honghui Chemical Co., Ltd Powder Rotary kiln 30 0 0
Changyang Vanadium Idustry Co., Ltd 99Powder Rotary kiln 60 0 0
Chongyang Xinrui Vanadium Industry Co., Ltd Powder Rotary kiln(10) 120 0 0
Hubei Chengfei Technology Co. Ltd Powder Rotary kiln 100 1 80
Chongyang Haifeng Vanadium Industry Co., Ltd Powder Rotary kiln 100 0 0
Chongyang Yongheng Chemical Co., Ltd Powder Rotary kiln(8) 70 1 60
Chongyang Zhongxin Chemical Co., Ltd. Powder Rotary kiln 80 0 0
Chongyang Jiufu Technology Co., Ltd Powder Rotary kiln 100 0 0
Chongyang Shengwei Vanadium Industry Co., Ltd Powder Rotary kiln 60 1 20
Chongyang Jingfang Vanadium Industry Co., Ltd Powder Rotary kiln 20 1 27
Chongyang County Hongliang Industrial Co., LTD Powder Rotary kiln 30 0 0
Hubei Xinwang Chemical Plant Powder Rotary kiln 50 0 0
Others Nanyang Handing High-tech Materials Co., Ltd Powder Rotary kiln 80 1 47
Luoyang Emperor Material Recycling Co., Ltd Powder Rotary kiln 150 1 22
Wuhu Renben Alloy Co., Ltd (Wuhu Changjiang Chemical Co., Ltd) Powder Rotary kiln 140 1 20
Chengde Xinhua Hengtong Industrial Co., Ltd Powder Rotary kiln 200 1 20
Shaanxi Shangnan Haodi Group Powder Rotary kiln 150 0 0
Changge Fuxin Alloy Co., Ltd Powder Rotary kiln 100 0 0
Nanjing Jiangning District Nanyuan Chemical Plant Powder Rotary kiln 80 0 0
HBIS Company Limited Chengde Branch Powder Rotary kiln 150 1 60
Henan Shengrui Vanadium Industry Group Powder Rotary kiln 200 0 0
Shaanxi Wuzhou Mining Co., Ltd Powder Rotary kiln 300 1 240
Shangluo Tianye High-tech Material Technology Co., Ltd Powder Electric furnace 50 0 0

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Ferrovanadium Operating Rate And Output Statistics In July 2021


Region Company Furnace model Monthly Production capacity (ton) Running furnace Monthly output (ton)
Liaoning Province Jinzhou Guangda Ferroalloy Co., Ltd Outfurnace 300 0 0
Yingkou Shengdong Refractories Co., Ltd Outfurnace 250 1 110
Jinzhou Xinwanbo Metal Materials Co., Ltd Outfurnace(6) and electric furnace(1) 600 1 350
Rongxin Ferroalloy Co., Ltd Outfurnace 150 1 30
Jinzhou Xinlong Vanadium Industry Co., Ltd Outfurnace 200 1 10
Jinzhou Zhonggang Mining & Metallurgy Co., Ltd Outfurnace(6) and electric furnace(1) 100 1 45
Jinzhou Xinrong Vanadium Industry Co., Ltd Outfurnace(10) 200 1 100
Liaoning Huatai Metal Co., Ltd Outfurnace 400 0 0
Chaoyang Boyuan Metal Industry Co., Ltd Outfurnace 300 1 100
Jianchang Linghe Molybdenum Industry Co. Ltd Outfurnace 150 1 100
Jinzhou Xingkaiyue Molybdenum Industry Co., Ltd Outfurnace 100 0 0
Liaoning Xinhua Longdayou Molybdenum Industry Co. Ltd Outfurnace 200 1 100
Jinzhou Hongding Metal Co., Ltd Outfurnace 80 1 50
Hunan and Hubei Provinces Chongyang Zhongrui Mining Co., Ltd Outfurnace 180 1 60
Tsingshan Ferrovanadium Co., Ltd Outfurnace 300 0 0
Chongyang Xinrui Vanadium Industry Co., Ltd Outfurnace 150 0 0
Hunan Zhongxin New Material Technology Co., Ltd Electric furnace(2) 200 0 0
Chongyang Jiufu Technology Co., Ltd Electric furnace(1) 200 0 0
Hubei Jingcheng Ferroalloy Co., Ltd Outfurnace 200 1 50
Chongyang Qingfeng Technology Co., Ltd Electric furnace(2) 200 0 0
Henan and Hebei Provinces Henan Dancheng Caixin Ferroalloy Plant Electric furnace(2) 60 0 0
Henan Aokuang Industry Co., Ltd Outfurnace 100 1 130
Henan Weida Metal Co., Ltd Electric furnace(1) 80 0 0
HBIS Chengde Vanadium TitaniumNew Materials Co., Ltd. Electric furnace 700 2 506
Hebei Jindu Ferroalloy Group Co., Ltd Electric furnace(2) 200 0 0
Hebei Shilong Group Electric furnace(2) 100 0 0
Sichuan Pangang Vanadium Titanium Resources Co., Ltd. Panzhihua Vanadium Products Factory Electric furnace(1) 800 2 1088
Pangang Group Xichang Steel&Vanadium Co., Ltd Electric furnace(2) 1500 2 1206
Huludao Mingxin Ferroalloy Co., Ltd Outfurnace 80 1 50
Panzhihua Rentong Vanadium Industry Co., Ltd Electric furnace(2) 200 0 0
Other regions CNMC Orient Group Co., Ltd Electric furnace(1)+Outfurnace 500 1 50
Nanjing Fuxing Vanadium Alloy Co., Ltd Outfurnace 200 0 0
Jiangxi Yongsheng Mining and Metallurgy Co., Ltd Electric furnace(2) 400 0 0
Pangang Beihai Special Ferroalloy Company Outfurnace 300 0 0

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Ferro Vanadium To Supply


We have Ferro vanadium to supply.

Specification:v>=50%

Pls contact us if you have any demand.

Tianjin Yaye Ferroalloys Co.,LTD.

Ms. Liying Wang

Country/Region:China (Mainland)China (Mainland)

Address:Building 9-1,District 2, Xigugangwan,Kunlun Rd,Dongli District,

Tianjin, China (Mainland)

Telephone:+86-22-24695809

MobilePhone: 008615202230759/ 0086-13920951125(zhang)

Fax:+86-22-24695806

Email:tianjinyaye@163.com

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Ningbo Xinlijie Metal Products Co. Ltd


Ningbo Xinlijie Metal Products Co. Ltd. is a company dedicated to the development and production of hardware sanitary products. The company was founded in 1994 and has experienced steady and healthy development for many years. Zinc alloy precision die-casting class, Zinc aluminum alloy mainly steam accessories, and electronic control timer precision accessories, various precision molds, now supporting a number of domestic automotive companies and timer manufacturers. Contact Us Ningbo Xinlijie Metal Products Co. Ltd Add:NO518 fengtong north road,xikou twon,ningbo city,zhejiang province,china Tel: +86-0574-88854650 Fax: +86-0574-88855187 E-mail: ydy@xinlijie.com / gsj831225@msn.cn URL:https://www.xinlijie.com/product/kitchen-faucet-and-basin-faucet/

Company Profile
Basic Information
Company Name: Ningbo Xinlijie Metal Products Co. Ltd
Company Category: FerroAlloy Plant
Products/Services: ManganeseManganese OreSiliconSilicon MetalChromeChrome OreVanadiumVanadium OreZinc Ore
Country/Region: China (Mainland) China (Mainland)
Province/State: zhejiang
City: ningbo
Street Address: NO518 fengtong north road,xikou twon,ningbo city,z
(345100)
Contact Us
Local Time: Friday, July 30, 2021 2:02:45 PM
Telephone: +86-0574-88854650
Fax: +86-0574-88855187
MobilePhone: +86-0574-88854650
URL: http://www.xinlijie.com/product/musical-equipment/
Email: aedlnekyltg01@outlook.com
Contact: Mr. shower drain

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Xichang Steel & Vanadium Invites Bids For Ferrosilicon (FeSi75AL2.0-B 10~70Mm)


Please visit more information http://www.asianmetal.com/news/1703860/Xichang-Steel-&-Vanadium-invites-bids-for-ferrosilicon-(FeSi75AL2.0-B-10~70mm)/14

Chinese Ferrovanadium Prices Drop


Please visit more information http://www.asianmetal.com/news/1703567/Chinese-ferrovanadium-prices-drop/14

Chinese Vanadium Pentoxide Powder Prices Stay Weak


Please visit more information http://www.asianmetal.com/news/1703565/Chinese-vanadium-pentoxide-powder-prices-stay-weak/14

Sales Of Vanadium Products Fell By 3.6% QoQ From EVRAZ


EVRAZ plc (LSE: EVR; “EVRAZ” or the “Group”) today released its trading update for the second quarter of 2021.
Q2 2021 vs Q1 2021 HIGHLIGHTS
In Q2 2021, EVRAZ’ consolidated crude steel output remained almost flat QoQ.
Total sales of steel products climbed by 6.1% QoQ, driven primarily by higher sales of finished products in Russia amid favourable market conditions and an increase in slab sales following the completion of repairs of basic oxygen furnaces at EVRAZ NTMK in Q1 2021.
Total raw coking coal production dropped by 21.5% QoQ. The reduction was caused primarily by scheduled longwall movements at the Raspadskaya and Alardinskaya mines, as well as completion on the current longwall at the Osinnikovskaya mine ahead of the upcoming movement in Q3 2021.
External sales volumes of coking coal concentrate fell by 8.3% QoQ because of logistical restrictions on shipments to the Russian Far East amid rising exports and the start of the repair season at Russian Railways.
External sales of iron ore products increased by 8.4% QoQ, driven by higher production in Q2 2021.
Sales of vanadium products fell by 3.6% QoQ, mainly due to changing the regional sales and product mix to support the increased FeV demand, resulting in longer lead times.
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Gauteng Suburbs Identified For Eskom Electricity Asset Replacement


Eskom’s senior maintenance and operations manager for the Gauteng region, Mashangu Xivambu, said they are working around the clock to replace and repair failed electricity equipment with the resources available.
The state-owned power utility has committed to replacing its ailing infrastructure in Gauteng after experiencing an increased number of pole-mounted transformers and mini-substations that fail due to network overload.
According to Eskom, overloading of the network in Gauteng is caused by meter bypassing, illegal connections, unauthorised operations, and vandalism of the electricity infrastructure.
To date, the utility has successfully replaced and repaired 50% of the damaged electrical equipment in areas where communities have complied with the audit process across Gauteng.
While the company has a stable amount of critical material in stock, there is a risk of being unable to meet the “exponentially” high demand. This as lockdown has affected the production of electrical equipment, which has strained the industry.
Xivambu explained: “These are subsequent to the audit process, which includes assessing the severity of the damage on the network, removing illegal connections, disconnecting, and issuing fines to customers with contraventions that have to be paid in full before the equipment is replaced.”
He added that challenges often cause delays in responding to outages: “We often are faced with community resistance and other challenges which delay our efforts such as violently assaulting and injuring our employees, chasing them out of the areas, illegally removing and operating on our infrastructure, and non-adherence to the audit process as is the case in Chiawelo.”
Eskom has replaced six of the seven problematic equipment in other parts of Chiawelo with one area remaining due to the lack of community cooperation until recently, he explained on Wednesday.
“The mini-substations will be replaced in the area subject to the availability of resources and material. We encourage communities to fully cooperate with us by allowing our employees to conduct their operations without interference,” said Xivambu.
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Anglo Pacific Sees Stronger Second Half On Higher Commodity Prices


Anglo Pacific Group PLC (LSE:APF, TSX:APY, OTC:AGPIF, FRA:HGR) is optimistic about the remainder of 2021 after the natural resources royalty and streaming company saw its portfolio contribution fall in the first half.
The portfolio contribution dipped to £16.2mln, from £19.1mln in the first half of 2020, as lower coking coal prices and volumes at both Kestrel and Narrabri, mainly in the first quarter, outweighed maiden contributions from the group’s Voisey’s Bay cobalt stream of £1.7mln.
In a trading update, Anglo Pacific said it expects the second half of 2021 to be stronger helped by a rally in cobalt prices and the full effect of the Voisey’s Bay stream being recognised, strong copper and iron ore prices and a recovery in the coal market.
The company has previously announced that all of its producing assets are back in operation after activities at the McClean Lake Mill resumed following a period of COVID-19 related care and maintenance.
“Anglo Pacific has had a stable first half of 2021, with 8 cobalt deliveries now processed under our Voisey’s Bay stream which has generated cash to the end of July 2021 of US$4.0m,” said chief executive Julian Treger.
“Voisey’s Bay was a transformational acquisition during the period for Anglo, not only in terms of it being the group’s largest and most significant transaction to date, but also in terms of transitioning our portfolio towards 21st century commodities that support a more sustainable future.
“While prices for our commodities were weaker in Q1 2021, they began to recover in Q2 2021,” he said, noting that cobalt prices have risen about 20% in the last month and both copper and iron ore have increased by more than 20% in the year to date.
In addition, coking coal and thermal coal prices have started to recover, resulting in a more favourable outlook for the second half.
“Infrastructure spending should continue to benefit iron ore, coking coal and copper whilst the longer-term fundamentals for cobalt and vanadium remain positive due to continued expected demand from electric vehicle and battery manufacturers.
“Spot prices continue to remain higher than consensus prices in the near-term, and with our producing assets all in operation we expect a stronger performance from our portfolio in the second half of the year,” said the CEO.
Net debt grew to £78.7mln at the end of June 2021, versus £24.4mln at the start of the year, reflecting the acquisition of the Voisey’s Bay cobalt stream in the first quarter.
The group said it has financing flexibility of about US$76mln to finance further growth opportunities.
“We look forward to updating the market in relation to our investment activity at the half year, and we remain busy advancing our pipeline in order to continue adding royalties and streams to our portfolio,” Treger concluded.
The trading update was released ahead of the company’s interim results due on 25 August.
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Energy Fuels Inc (UUUU) Gains 8.33% For July 28


Today, Energy Fuels Inc Inc’s (NYSE: UUUU) stock gained $0.42, accounting for a 8.33% increase. Energy Fuels opened at $5.05 before trading between $5.53 and $5.04 throughout Wednesday’s session. The activity saw Energy Fuels’s market cap rise to $733,452,463 on 2,588,866 shares -below their 30-day average of 2,690,530.
About Energy Fuels Inc
Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. Energy Fuels also produces vanadium from certain of its projects, as market conditions warrant, and expects to commence commercial production of REE carbonate in 2021. Its corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (‘ISR’) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, has the ability to produce vanadium when market conditions warrant, as well as REE carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also on standby and has a licensed capacity of 1.5 million pounds of U3O8per year. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development.
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