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Metallurgie News

05.09.2019

Indonesia moves forward on 2020 nickel ore export ban

Speculation has now become reality within the nickel space, with Indonesian officials declaring that the country will ban nickel ore exports as of January 1, 2020. The ban was previously docketed for 2022, and nickel prices have gained recently on rumors that the world’s largest producer of the base metal would bump up the ban.

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22.08.2019

Xinfa Group closes 500,000 t of aluminium capacity after explosion in Xinjiang plant

Reuters reports that Xinfa Group, one of China’s top aluminium producers, has closed an aluminium production line after an explosion at a plant in the north-western region of Xinjiang. The blast took place at its electrical transformer on August 18. The news is confirmed by an unidentified company source. The accident has led to the shutdown of around 500,000 t of annual smelting capacity at the plant at north of the Xinjiang capital of Urumqi.

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