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Major Events in The Nonferrous Metals Industry in February

Mar 06, 2024

Major events in the nonferrous metals industry in February

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In February, China Rare Earth Group's industrial base project started construction. This project is a key project in Jiangxi Province with a total investment of 1.216 billion yuan. It is planned to be completed and put into use in May 2026.

In February, the new mineral "Cerium-Tantalum Litholite" discovered and declared by relevant staff of the Mineral Micro-area Material Composition and Structure Laboratory of the Institute of Mineral Resources, Chinese Academy of Geological Sciences, was recently approved by the International Mineralogical Association-New Mineral Nomenclature and Classification Committee pass.

On February 1, the country's largest single-unit rotary anode furnace entered the Southwest Copper relocation project site and entered the equipment installation stage.

On February 4, the National Standardization Administration issued a notice on the "Key Points of National Standardization Work in 2024", which proposed the release and implementation of standards for rare earth mining and concentration, rare earth smelting and separation, high-end rare earth processing, and rare earth secondary resource recovery.

On February 5, the Guizhou Department of Industry and Information Technology issued the "Guiding Opinions on Promoting the High-Quality Development of the Aluminum Industry", proposing that by 2027, the high-quality development of the aluminum industry will achieve positive results, the construction of the industrial ecosystem will make positive progress, and a relatively complete " Aluminum resource development-metal smelting/non-metal application-intensive processing" aluminum industry chain, the level of industrial development and competitiveness have been significantly improved, and the total industrial output value of the aluminum industry has reached more than 80 billion yuan, providing support for the construction of an important resource intensive processing base in the country Strong support.

On February 6, the Ministry of Industry and Information Technology and the Ministry of Natural Resources issued the "Notice on the First Batch of Total Volume Control Indicators for Rare Earth Mining, Smelting and Separation in 2024" (hereinafter referred to as the "Notice"). The notice pointed out that the total control indicators for the first batch of rare earth mining, smelting and separation in 2024 are 135,000 tons and 127,000 tons respectively.

On February 19, the Henan Provincial Department of Industry and Information Technology issued the 2024 Implementation Guidelines for Green Upgrading and Transformation of the Province's Key Industrial Chains, including the Implementation Guidelines for the Green Upgrading and Transformation of the Advanced Aluminum-based Materials Industry Chain, and the Greening of the Advanced Copper-based Materials Industry Chain. Upgrade implementation guide, etc.

On February 22, the National Development and Reform Commission, the Ministry of Ecology and Environment, and the Ministry of Industry and Information Technology issued a notice on the clean production evaluation index system for two industries including copper smelting, which will be implemented on March 1, 2024.

On February 23, Baowu Aluminum and Kobe Steel reached an agreement to jointly establish an automotive aluminum sheet joint venture.

On February 29, the National Bureau of Statistics released the National Economic and Social Development Statistical Bulletin of the People's Republic of China in 2023. Among them, China's output of ten non-ferrous metals in 2023 was 74.698 million tons, a year-on-year increase of 7.1%; refined copper (electrolytic copper) output was 12.988 million tons. tons, a year-on-year increase of 13.5%; primary aluminum (electrolytic aluminum) output was 41.594 million tons, a year-on-year increase of 3.7%.

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