End of Summit

Magnesium Parallel sessions

The conference in magnesium session started at 14:30 on Oct 24 with the magnesium analyst in Asian Metal, Daphne Zhang making an opening speech. In this year, magnesium industry with reorganization and adjustment saw demand decrease, weak demand and low operation rate due to the grim economic situation, and the manipulation of traders was also faced with huge challenges. Under the current emergencies, participants in the industry gathered together, discussing the status quo and future trend of magnesium metal industry.

First and foremost, Cao Jianyong, General Manager of Chongqing Sun Magnesium Industry Co., Ltd. made a lecture titled Severe Environmental Protection in China Brings Opportunities to Magnesium Alloy Auto Parts Market. The low-carbon development determined that lightweight should be the trend in automobile industry. In the beginning of 2013, auto producers at home and abroad endeavored to lightweight more actively.

Afterwards, Zhou Mingxiong, Asian-Pacific Strategic Purchasing Manager in Constellium made a report with a title of How to Choose Strategic Magnesium Metal Suppliers, and noted that reasonable prices, environmental friendly protection, safety and good services should be equipped by qualified suppliers. In addition, he also gave a great confirmation on the application prospect of Chinese magnesium metal in alluminium industry.

Discussion followed with active statement from participants, and topics included the status quo and development trend of magnesium metal market. Deng Jiangfeng, General Manager in Shanxi Jinxing Magnesium Industry Co., Ltd. made analysis on opportunities and challenges emerged in magnesium metal market and stated that the industry is heading towards sunset period from sunrise period. Noting more mature manipulation of magnesium ingot producers and stabilized market demand, he also brought light to insiders. Participants spoke out freely and expressed personal opinions on the status quo and development of magnesium market. The magnesium session finished at 18:00 on Oct 24.

Se & Mn Sessions

Se & Mn Sessions began with the opening speech from Zhuzhong Tan, Chairman of Chinese National Association of EMM Plants Directors at 14:30, on Oct 24. Mr. Tan particularly analysed the reasons for the low operating rate of Chinese manganese flake industry in the recent two years, and emphasized that reducing man power, lowering consumption and protecting environment are the keys to success for Chinese manganese producers, as well as the whole industry.

Afterwards, Miss Rong Tan from CITIC Dameng Mining Industries Limited, Mr. Zhengmao Zeng from China Tycoon Manganese Group and Mr. Peiyuan Tong from Vital Chemicals made reports of “A Brief Analysis on China’s Electrolytic Manganese Output in Recent Years”, “Competition Force Analysis of Electrolytic Manganese Products” and “Selenium Market & Application of Selenium Products” respectively, introducing elements which play import roles in change of Chinese manganese outputs, comparison between manganese flake and its competitive products and application of selenium products to the attendees in depth.

At last, with Mr. Tan being the host, manganese and selenium attendees, shared views on Se & Mn market performance and future trends with each other, together with Chinese domestic and overseas steel mills like Shandong Taishan Steel Group and POSCO in the discussion section.

Cobalt & Lithium parallel sessions

In the afternoon of October 24, the meeting of Cobalt & Lithium Sessions moved smoothly, which is consisted of two parts of reports and discussion.

Firstly, Jian Li, chief engineer of Qinghai Lithium Co., Ltd. gave a report on “Report of Extracting Lithium and Comprehensive Utilization of Resources of Taijinaier Salt Lake in Qinghai, China”. Mr. Li introduced the development of Taijinaier Salt Lake from the aspects of description of Qinghai salt lake resource; development situation of Qinghai salt lake lithium resources; comprehensive utilization project profile of potassium lithium boron of Qinghai Lithium Co., Ltd. and technology introduction of extracting lithium of East Taijinaier Salt Lake.

In 2010, Qinghai Lithium started the construction of the second stage of the Li-Ka-B comprehensive usage project and the first step was finished in May, 2012. Trial operation of facility with capacity of 10,000t lithium carbonate succeeded, and is operating regularly and can produce 30t per day of lithium carbonate. Annual output will reach 20,000t for lithium carbonate, 150,000t of potash fertilizer and 15,000t of boric acid after the second phase is completed. The target output of lithium carbonate will reach 3,000t in 2013.

Afterwards, Kangying Shu, a professor from China Jiliang University made a report of “Development status and trend of Chinese rare earth permanent magnetic materials and cobalt applications”. In his viewpoint, the decline of Nd-Fe-B output will not last long. Steady increase of Nd-Fe-B output will continue in the near future. As the major element for making rare earth permanent magnetic materials, demand for Co will surely increase following the increase of high-tech products’ output. According to output of rare earth permanent magnetic materials in domestic market in 2011, consumption of cobalt in domestic rare earth permanent magnetic industry will be about 1,200tpy. The development of wind power and new energy automobiles will lead to the increase of the consumption of cobalt in rare earth permanent magnetic industry.

After coffee break, there was the discussion part. Special guests participated in the discussion including: Huaiguo Shen, General Manager, Beijing Chilith New Sources Co., Ltd.; Yabin Hou, General Manager, Xizang Runheng Minerals Sales Co., Ltd.; Zhian Zeng, Vice General Manager, Tianjin Branch, Lubricant Company, Sinopec Corp.; Frank Yan, Sales and Marketing Manager, Galaxy Lithium (Jiangsu) Co., Ltd.; Jian Li, chief engineer of Qinghai Lithium Co., Ltd. ; Participants were actively to express their views on lithium and cobalt markets.

Tantalum & Niobium parallel sessions

Tantalum & Niobium parallel session started in due form at 14:30 in the afternoon of October 24. Daly Lu, associate analyst of Asian Metal Ta & Nb Department, firstly invited the representatives participating in the conference introduced themselves. The session focused on the Tantalum & Niobium market situation, and participants were actively to express their views on lithium and cobalt markets.

The session ended at 17:30 on October 24. Technicians from Asian Metal had dinner with representatives and they were looking forward for another gathering next year.

In-Ga-Ge sessions

More than 60 honored guests attended the “2013 World Strategic Metal Summit In-Ga-Ge Session” in the afternoon of Oct 24, 2013. Chen Feng, the president of Beiji Jiya Semiconductor Materials Co., Ltd, firstly offered analysis on gallium metal application and prospect in Asia after the session started at 14:30, which deeply analyzed the development of both upstream and downstream market.

Then, Chen Mingfei, the CTO of Enam Optoelectronic Material Co., Ltd. made a detailed report on indium ingot downstream ITO from the aspect of technological and market development.

Yang Guohong, the vice president of Kunming Fanya Exchange gave his opinion on domestic minor metal exchanges on the aspect of policy after the tea break.

Every guest spoke their boson freely and disclosed their opinions fully. The session lowered the curtain at 17:30 on Nov 24.

Silicon parallel session

The silicon session started at 9 am on October 25th. Ms Susan Yin, senior analyst in Minor Metals Department in Asian Metal, hosted the conference. Firstly, Mr. Xinping Bu, Senior Engineer of China National Petroleum and Chemical Planning Institute (NPCPI), made a report under the name of “Investment Opportunity and Industrial Development Strategy for Downstream Chemical Sector of the Silicon Material Industry”, which mainly analyzed the current status of the downstream industries of silicon metal, organosilicon and polysilicon, and shared his ideas on the future market development. Then, Mr. Hong Xie, President of Yunnan Guichu Logistics Co., Ltd. gave a report on “Current Status and Analysis on Silicon Metal Industry in Yunnan”. Mr. Xie mainly introduced the silicon metal trading pattern in Yunnan and the distribution of silicon metal smelters in Yunnan. He also talked about the current silicon metal production in Yunnan. Finally, the participants joined the discussion and shared ideas about the silicon metal market trend in the coming dry season.

Tungsten Session

In the morning of October 25, the meeting of Tungsten Session moved smoothly, which is consisted of two parts of reports and discussion. Daly Lu, Analyst of Asian Metal hosted this session

Firstly, Mr. Zhu, Deputy Chief Economist of Jiangxi Rare Earth and Rare Metals Tungsten Group Co, Ltd. gave report on “Chinese Tungsten Prices analysis and forecast in 2013”. Mr. Zhu explained Chinese tungsten market information in the recent three years. Furthermore, Mr. Zhu expressed that the supply is much higher than demand in the tungsten market this year, and it is unlikely to recover in a short time. Later, Mr. Yang, Manager of Vietnam Young Sun Tungsten Industry Co., Ltd gave report on “How Tungsten to enter the International Market”. Mr. Yang mainly noted that detail information of Vietnam Young Sun Tungsten Industry Co., Ltd.

After the tea break, there was the discussion part. Participants were actively to express their views on tungsten market. All of the participants think that the tungsten market is hard to recover in a short time with the soft demand from the downstream market.