• Lanthanum Metal 99%min FOB Chinaup(0.1)  08-29|Ferro-tungsten 70%min EXW Chinaup(10000)  08-29|Sodium Tungstate WO3 68%min EXW Chinaup(7000)  08-29|Tungsten Carbide 99.8%min 2.5-7.0μm EXW Chinaup(15)  08-29|Tungsten APT 88.5%min EXW Chinaup(10000)  08-29|Zirconium Silicate Zr(Hf)O2 60%min EXW Chinaup(300)  08-29|Tungsten Ore WO3 55%min EXW Chinaup(7000)  08-29|Neodymium Metal 99%min FOB Chinaup(3)  08-29|Praseodymium Oxide 99.5%min FOB Chinaup(2500)  08-29|Tungsten Powder 99.95%min 2.5-7.0μm EXW Chinaup(15)  08-29|Tungsten Ore WO3 65%min EXW Chinaup(7000)  08-29|Tungsten Bar W-4 99.9%min EXW Chinaup(15)  08-29|Ferro-tungsten 75%min EXW Chinaup(10000)  08-29|Spodumene Li2O 3%min In port Chinadown(-25)  08-29
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    Events & Holidays
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    Business Visits

    Citi Bank and Baring Asset Management visit Asian Metal

    On the morning of November 8, vice president Jacky Shang and Ada Gao from Citi Bank, Maggie Sheng from Baring Asset Management (Asia) Limited, Dixon Lau from Harvest Global Investments, Howard Pang from Moore Capital Asia Limited and Charles Wu from Fidelity Management & Research (HongKong) Limited visited Asian Metal and conducted communications with Carol Lin, the cobalt and lithium market analyst and Friday Gao, the manager of base metal department.
    Carol introduced the upstream and downstream market conditions for cobalt and lithium. The mainstream supply for cobalt raw materials is from Congo where the cobalt concentrate exports are restricted in order to make best use of cobalt resources and downstream plants also prefer to use cobalt hydrometallurgy intermediates to produce. As the demand from traditional downstream alloy and magnets markets tend to stabilize while demand form battery market increases, it is predicted that cobalt prices would rise further within coming 2 years. As the imports for Australian spodumene have increased and the lithium salts output in China are expected to increase gradually, the high level prices for lithium will decline slightly.
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