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Nonfemet maintains lead ingot production line

2019-04-17 15:03:08   【Print】
BEIJING (Asian Metal) 17 Apr 19 - Shaoguan Smelter of Shenzhen Zhongjin Lingnan Nonfemet Company Limited (Nonfemet) began to maintain its lead ingot production line early April, a source from the company disclosed to Asian Metal.

"According to regular maintenance plan, we began to maintain lead ingot production line early April for about 20 days and would resume production late April," the source said. The company mainly uses raw material of lead concentrate 50%min from their self-owned mines to produce lead ingot, which is sold to battery plants in places such as Jiangxi.

With an annual production capacity of 50,000t for lead ingot, the company sold about 4,000t in March and expects about 1,000t in April, holding no stock at present.

On Tuesday, mainstream prices for local lead ingot 99.994%min were RMB16,400-16,600 (USD2,444-2,474/t), up by RMB100/t (USD14.90/t) from Monday.

.Asian Metal CopyrightBEIJING Asian Metal 17 Apr 19 - Shaoguan Smelter of Shenzhen Zhongjin Lingnan Nonfemet Company Limited Nonfemet began to maintain its lead ingot production line early April, a source from the company disclosed to Asian Metal.Asian Metal Copyright