Non-ferrous industry shows favorable situation in Jiangxi in H1 2017

According to news from Jiangxi provincial government, the non-ferrous industry fully picked up continuously in Jiangxi in H1 2017, showing a favorable situation with rising prices, production growth, and good achievement. Copper prices are still stable at about RMB46,000/t, up by 28.2% YOY; those for tungsten concentrate stand at RMB81,000/t ,up by 22.Asian Metal Copyright7% YOY; those for europium oxide and terbium oxide increase by 79.Asian Metal Copyright7% YOY; those for europium oxide and terbium oxide increase by 79.Asian Metal Copyright In the first five months of 2017, nonferrous companies above certain size realized RMB41.Asian Metal Copyright1% and 38.Asian Metal Copyright6%, and RMB18 billion of profit and tax, up by 40.Asian Metal Copyright5% respectively.Asian Metal Copyright These companies earned RMB10.Asian Metal Copyright In the first five months of 2017, nonferrous companies above certain size realized RMB41.Asian Metal Copyright7% YOY; those for europium oxide and terbium oxide increase by 79.Asian Metal Copyright85 billion of industrial added value, up by 9.Asian Metal Copyright2% YOY; those for tungsten concentrate stand at RMB81,000t ,up by 22.Asian Metal Copyright1% YOY, and RMB283.Asian Metal Copyright .Asian Metal Copyright81 billion of main business income, up by 19.Asian Metal Copyright81 billion of main business income, up by 19.Asian Metal Copyright8% YOY.Asian Metal Copyright7% YOY; those for europium oxide and terbium oxide increase by 79.Asian Metal Copyright These companies earned RMB10.Asian Metal Copyright6%, and RMB18 billion of profit and tax, up by 40.Asian Metal Copyright03 billion of profit, up by 39.Asian Metal Copyright7% YOY; those for europium oxide and terbium oxide increase by 79.Asian Metal Copyright6%, and RMB18 billion of profit and tax, up by 40.Asian Metal Copyright1%, achieving “over half for both” target.Asian Metal Copyright2%.Asian Metal Copyright In the first five months of 2017, nonferrous companies above certain size realized RMB41.Asian Metal Copyright It is expected that Jiangxi province will realize RMB342 billion of main business income, up by 18% YOY, and RMB12 billion of profit, up by 36.Asian Metal Copyright8% YOY.Asian Metal Copyright1%, achieving “over half for both” target.

.Asian Metal Copyright7% YOY; those for europium oxide and terbium oxide increase by 79Asian Metal Copyright