China bars foundry capacity expansion in 11 provinces and cities; starts environmental inspection in six provinces and cities
China’s central authorities have barred 11 provinces and cities from allowing foundry capacity expansion, in order to improve air quality.
The Ministry of Industry and Information Technology (MIIT), the National Development and Reform Commission (NDRC) and the Ministry of Ecology and Environment (MEE) on July 25 jointly released a notice to the governments of Beijing, Tianjin, Hebei, Shanxi, Shandong, Henan, Shanghai, Jiangsu, Zhejiang, Anhui and Shaanxi. The notice bans foundry capacity addition across Beijing-Tianjin-Hebei and nearby regions, the Fenwei plain and the Yangtze River Delta.
Local governments have been ordered to inspect capacity swap plans strictly to ensure the shutdown of obsolete facilities and construction of new facilities.
In another update from Shanghai Metals Market, Beijing has almost completed the second round of nationwide environmental probes and entered the crucial inspection stage. Eight Beijing-led teams have finished stationing at various locations, a spokesperson from Ministry of Ecology and Environment (MEE) said on July 26.
The first phase of month-long inspection will cover six provinces and cities of Shanghai, Fujian, Hainan, Chongqing, Gansu and Qinghai, as well as two state-owned firms of China Minmetals and China National Chemical (ChemChina).
source: Alcircle
Top News
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Glencore in talks to sell Philippine copper smelting unit
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Mercuria partners with Zambia on metals trading venture
Iron ore price weakens as Australia flags return to sub-$100 prices
Triple Flag to acquire royalty on Tres Quebradas lithium project
Aluminum price falls to one-month low in wider commodity slump
Lure of Anglo’s copper mines could test BHP’s spending resolve
Petra Diamonds cuts forecasts, jobs amid market weakness
A STEP FORWARD TOWARDS SAFETY
Sovel contracts Danieli Automation for bar mill upgrading
How the Trump administration can support lithium independence
Gemfields says unrest could disrupt Mozambique ruby mine
Iron ore price rises on pre-holiday restocking, China stimulus hopes
Canada invests $70m in Seymour Lake lithium project in Ontario
Solar, EVs and a big exit from coal: 2024’s good climate news
Gold price steadies as traders focus on uncertain 2025 rate path
Lithium suppliers seek to rein in price discounts in 2025 talks
Nigeria resumes mining in Zamfara state on improved security
Midnight Sun receives exploration license renewal for Solwezi copper project in Zambia
Sovel contracts Danieli Automation for bar mill upgrading
How the Trump administration can support lithium independence
Gemfields says unrest could disrupt Mozambique ruby mine
Iron ore price rises on pre-holiday restocking, China stimulus hopes
Canada invests $70m in Seymour Lake lithium project in Ontario
Solar, EVs and a big exit from coal: 2024’s good climate news
Gold price steadies as traders focus on uncertain 2025 rate path
Lithium suppliers seek to rein in price discounts in 2025 talks
Nigeria resumes mining in Zamfara state on improved security