7th World Antimony Forum

June 13-14, 2019
Changsha, Hunan, China

7th Refractory & Abrasive Materials Summit 2019

May 23-24, 2019
Qingdao, Shandong, China

10th Aluminum Raw Materials Summit

May 16-17, 2019
Zhengzhou, Henan, China

11th Rare Earth Summit

May 9-10, 2019
Qingdao, Shandong, China

8th Magnesium Summit

April 11-12, 2019
Zhuhai, Guangdong, China

12th World InBiGeGa Forum

March 14-15, 2019
Zhuhai, Guangdong, China

6th World Manganese & Selenium Forum

May 21-22, 2018
Hainan Sanya, China

6th World Antimony Forum

April 23-24, 2018
Zhangjiajie, China

6th International Refractories & Abrasives Summit

April 19-20, 2018
Beijing, China

Asian Metal visits AK, Spring Energy, Beibu Gulf and Golden Prosperous Resources

2015-09-15 18:01:55  【Print】
BEIJING (Asian Metal) 15 Sep 15 - On September 14, 2015, Mr.Asian Metal Copyright Port expansion is under progress.Asian Metal Copyright Friday Gao, Base Metals Department Manager of Asian Metal visited Aras Kuasa Sdn.Asian Metal Copyright Gao also visited Mr.Asian Metal Copyright Bhd.Asian Metal CopyrightBEIJING Asian Metal 15 Sep 15 - On September 14, 2015, Mr.Asian Metal Copyright, Spring Energy Sdn Bhd, Guangxi Beibu Gulf Int'l Port Group Kuantan Office and Golden Prosperous Resources Sdn Bhd in Malaysia.

In the morning, Mr. Gao firstly visited Aras Kuasa and shared ideas on the bauxite market with Mr.Asian Metal Copyright Toh Hoi Thong of Golden Prosperous Resources and Mr.Asian Metal Copyright Teh Teck Tee, managing director of the company.Asian Metal Copyright2 million tonnes of bauxite since early this year.Asian Metal Copyright According to Mr.Asian Metal CopyrightBEIJING Asian Metal 15 Sep 15 - On September 14, 2015, Mr.Asian Metal Copyright Teh Teck Tee, the supply unwashed high grade Malaysian bauxite Al 40%min Si 5%max has been shrinking, as the bauxite exploration in Kuantan goes too fast.Asian Metal Copyright Gao from Asian Metal .Asian Metal Copyright If Indonesia resumes bauxite export, Malaysian suppliers need to provide with washed high grade bauxite Al 45%min Si 5%max, but it is not easy.Asian Metal Copyright Toh Hoi Thong, general manager of Golden Prosperous Resources pointed out that they supply around 400,000t of bauxite on average each month.Asian Metal Copyright There are now around 3-4 suppliers providing washed high grade bauxite at the moment. Meanwhile, he pointed out that Malaysian bauxite costs rose by USD3-4/t because of higher taxes, transportaion cost and license fee.


Mr. Gao from Asian Metal and Mr. Teh Teck Tee from AK

Mr. Gao also visited Mr.Asian Metal Copyright Mr.Asian Metal Copyright Yap Teck Sing, assistant to managing director of Spring Energy on Monday morning.Asian Metal Copyright Gao firstly visited Aras Kuasa and shared ideas on the bauxite market with Mr.Asian Metal Copyright Mr.Asian Metal Copyright Meanwhile, he pointed out that Malaysian bauxite costs rose by USD3-4t because of higher taxes, transportaion cost and license fee.Asian Metal Copyright Yap said that they have already exported around 1.Asian Metal Copyright Gao visited Beibu Gulf and Golden Prosperous Resources.Asian Metal Copyright2 million tonnes of bauxite since early this year. Their mine sites are around 40 kilo meters away from the Kuantan Port with freight cost at around RM15/t.Asian Metal Copyright Teh Teck Tee, managing director of the company.Asian Metal Copyright He agreed that bauxite grade in Malaysia is decreasing. They supply around 100,000tpm of washed bauxite Al 46-47% Si 5%max with price firm at USD47-48/t FOB Malaysia.Asian Metal Copyright Port expansion is under progress.Asian Metal Copyright Spring Energy develops bauxite complying with the relevant environmental protection policy strictly.


Bauxite site of Spring Energy

In the afternoon, Mr. Gao visited Beibu Gulf and Golden Prosperous Resources.Asian Metal Copyright Bhd.Asian Metal Copyright Mr.Asian Metal Copyright According to Mr.Asian Metal Copyright Joe Lim, representative of Beibu Gulf Kuantan Office disclosed that they have 40% investment in Kuantan Port, covering oil, iron ore and bauxite.Asian Metal Copyright Bhd.Asian Metal Copyright Port expansion is under progress.Asian Metal Copyright Meanwhile, he pointed out that Malaysian bauxite costs rose by USD3-4t because of higher taxes, transportaion cost and license fee.Asian Metal Copyright Until 2017, Kuantan Port will be able to handle ships of up to 200,000 deadweight tonnes.


Mr. Gao from Asian Metal and Mr. Joe Lim from Beibu Gulf

Mr. Toh Hoi Thong, general manager of Golden Prosperous Resources pointed out that they supply around 400,000t of bauxite on average each month. Their mine sites are around 50 kilo meters to Kuantan Port with freight at around USD7/t.Asian Metal Copyright In the morning, Mr.Asian Metal Copyright According to Mr.Asian Metal Copyright Gao also visited Mr.Asian Metal Copyright Toh, Malaysian bauxite prices lack momentum to climb up, as there are not so many consumers and the major consumers control the price.


Mr. Toh Hoi Thong of Golden Prosperous Resources and Mr. Gao from Asian Metal

.Asian Metal Copyright Bhd.Asian Metal Copyright

Bauxite

Al2O3 60%min, SiO2 11%max Ex-VAT Delivered China

Unit:RMB/mt
China's secondary aluminum alloy producers' average inventory statistics by province by month
Unit: mt