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It is reported that Shenzhen GEM High-Tech Co. ,ltd signed a framework agreement June 26th, 2014 to acquire 60% stake in Yangzhou Ningda Noble Metal Co. at tentative price of 312 million yuan ($ 50.61 million).

Tight Supply of Silicon Metal Lingered in Sichuan

Foreign FeSi Buyers Struggled to Bring down Purchase Price

London and the eurozone look set to benefit in the future from increased trade in yuan, as figures Thursday show yet another monthly increase in its use as a global currency.

On a trade forum in China recently, experts disclosed dry & bulk cargo seaborne demand was still strong and it would maintain annual growth of 6% in the next five years.

According to the investigation of www.ferro-alloys.com, current production cost (including tax) of EMM is about RMB 12300/mt (USD1984/m) in China.

[Ferro-Alloys.com]China exported -mt vanadium pent oxide in May,2014, up -% compared with last May (-mt) and -% from April (-mt).

[Ferro-Alloys.com]China exported -mt FeV in May,2014, up -% compared with last May (-mt) and -% from April (-mt).