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REUTERS/Claro Cortes/File Photo Acquire Licensing RightsLONDON, Oct 30 (Reuters) - China's imports of tin concentrates collapsed in September, reflecting the suspension of mining activity in the semi-autonomous Wa state in neighbouring Myanmar. China's imports of tin concentrates from Myanmar and other sourcesIMPORT SLUMPChina imported 7,300 metric tons of tin concentrates in September, which was the lowest monthly count since February 2019. Imports from Myanmar slumped to just 1,421 metric tons after a mini surge over July and August ahead of the mining ban. The Myanmar ban has to date had little impact on either China's production of refined tin or the tin price. The boom in tin usage for home electronics during lockdown in 2020-2021 has given way to a prolonged downturn.

Persons: Claro, that's, Jan Harvey Organizations: REUTERS, United Wa State Army, Democratic, London Metal Exchange, International Tin Association, Reuters, Thomson Locations: Shanghai, Claro Cortes, Wa, Myanmar, China, Tanintharyi, Democratic Republic of Congo, Bolivia, Brazil, Russia

☆ Chinese gallium prices hit 7-month high as demand improves, shipments resume
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsBEIJING, Oct 19 (Reuters) - Chinese prices of chip-making metal gallium hit their highest since February this week on stronger domestic demand and growing hopes of recovering exports, analysts and suppliers said. The spot price of gallium metal reached 1,975 yuan ($269.95) per kg on Oct. 18, up 18% since the start of July and up 8% since Aug. 1, data from consultancy Shanghai Metals Market showed. The Ministry of Commerce said last month that some Chinese companies have obtained export licences for gallium and germanium products. European prices of gallium metal surged by 68% from early July to $475 per kg on Oct. 18 and was up 23% from August, data from information provider Fastmarkets showed. ($1 = 7.3162 Chinese yuan)Reporting by Amy Lv and Dominique Patton in Beijing; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

Persons: Florence Lo, Li Yilan, Antaike, Amy Lv, Dominique Patton, Shounak Dasgupta Organizations: REUTERS, Rights, . Geological Survey, Shanghai Metals, Beijing, Commerce, Fastmarkets, Thomson Locations: China, Rights BEIJING, Beijing

Copper M&A more than doubled in 2002 to $14.24 billion from the previous year, according to an S&P Intelligence report. "So the large miners are saying it is difficult to build new supply, so let's just buy companies," McDonald said. Copper prices have been gradually losing steam since hitting their strongest levels in over seven months in January when optimism abounded about the reopening of China. The lower copper price presents M&A opportunities for Hudbay, Kukielski said, but it will also get "squeezed" if the price of copper falls below $3.50. With lack of large mines up for grabs, he is expecting that large miners will be looking to expand their production by acquiring smaller mines.

Persons: Lundin, Newmont, Stuart McDonald, Taseko, McDonald, Antaike, Peter Kukielski, Kukielski, Minto Metals, Aaron Colleran, Colleran, David Lennox, Divya Rajagopal, Melanie Burton, Denny Thomas, Marguerita Choy Organizations: TORONTO, Reuters, Nippon Mining, Metals, P Intelligence, Taseko, London Metal Exchange, Reuters Graphics Reuters, Hudbay, Japan's Sumitomo Corp, Minto Metals, Yukon, Royal Bank of Canada, Quantum Minerals, Ivanhoe Mines, Capstone, Barrick Gold, Bloomberg News, Barrick, AIC Mines, AIC, Sydney, Thomson Locations: SYDNEY, Toronto, Chile, Vancouver, Arizona, China, Hudbay, Canada, Yukon, Ivanhoe, Australia, Queensland, Melbourne

☆ Factbox: China's major germanium and gallium producers
▼ + stars: | 2023-07-07 | by ( ) www.reuters.com time to read: +3 min

China produces around 60% of the world's germanium, or 180 metric tons in 2022, and over 90% of the world's gallium, about 606 tons last year, according to research firm Antaike. YUNNAN GERMANIUM, AN ESTABLISHED PRODUCERHeadquartered in southwest China's Yunnan province, Yunnan Lincang Xinyuan Germanium Industry Co. Ltd. (002428.SZ) extracts germanium from its own germanium mines and germanium-containing lignite coal mines. It has an annual capacity of 47.6 metric tons of germanium ingot, 60 tons of germanium tetrahydride - used to build 5G infrastructure - and 300,000 germanium wafers for solar cells. CHINALCO, A MAJOR GALLIUM PRODUCERState aluminium giant Chinalco has three gallium production plants, one each in central China's Henan and southwestern Guangxi and Guizhou provinces. It has annual production capacity of 200 metric tons of gallium metal and produced 146 metric tons in 2022.

Persons: Duan Xiangdong, Hope, Zhuzhou, Dominique Patton, David Evans Organizations: . Ltd, Aluminum Corporation of China, Zhuhai Fangyuan, Xing'an, Gallium, AXT Inc, Beijing, Thomson Locations: BEIJING, China, YUNNAN, China's Yunnan, Yunnan, China's Henan, Guangxi, Guizhou, Shanghai, Zhuzhou, China's Hunan, Zhuhai, Guangdong, Shanxi, Nanjing, U.S, Beijing

☆ Beijing's curbs on niche metal exports threaten China supply glut
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +3 min

Gallium prices in China have dropped 12% this year, pressured by its slowing economy. China's germanium ingot price has advanced only 1% to 7,250 yuan per kg since Monday. Overseas price offers are rising much faster, amid fears that Beijing may use the permitting system to restrict shipments. The Chinese government enforces export controls that do not target any particular country," spokesperson Shu Jueting told a weekly press conference. China produces around 60% of the world's germanium, and over 90% of the world's gallium.

Persons: Theo Ruas, Willis Thomas, Ruas, Shu Jueting, Amy Lv, Siyi Liu, Seher, Dominique Patton, Kim Coghill Organizations: China's Ministry of Commerce, Washington, Producers, Corporation, Shanghai Metal Exchange, CRU, Reuters, Thomson Locations: BEIJING, China, Beijing, U.S, London, Bangalore

2 producer Chile to nationalise its lithium sector may curb long-term supply growth, but it is not expected to have an immediate impact, analysts said. Battery-grade lithium carbonate prices in China rose 10.6% from a week earlier to 182,500 yuan ($26,380) a tonne, the first weekly increase since November 2022, data by Fastmarkets on Refinitiv Eikon showed. But prices tumbled 72% after China curbed EV subsidies in January, demand faltered and inventories rose. Global EV sales jumped 55% last year to 10 million and are expected to climb another 35% this year. Chinese state-backed research house Antaike expects lithium carbonate prices to average 220,000 yuan a tonne this year, down 54% from 2022, it said at a conference last week.

China's refined copper imports and exportsIMPORT SLUMPChina imported 408,174 tonnes of copper in March, down by 19% year-on-year and the lowest monthly intake since October. The preliminary customs report aggregates arrivals of refined metal, anode, alloy and semi-manufactured products. The country also imported 1.8 million tonnes of recyclable materials, the largest amount since 2018, and a record 25.3 million tonnes of mined concentrates. National refined copper output rose by 11% year-on-year in January-February, according to the country's official statistics body. So far this year it seems to have lost its appetite for more refined copper.

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