Continuous Declining of Chile Minerals Exporting
- Details
- Category: Molybdenum's News
- Published on 28 July 2016
- Written by Elva
- Hits: 199
Reported by Chile Central Bank, until May, its minerals exporting volume has showing the continuous eleventh month declining. In May, minerals exporting volume is USD 2.49billion, 7.4% down compared to May, 2015, but 3.1% up with Apr. 2015, whose quantity is 2.42billion dollars.
With an amount quantity data, the first five month, Chile exports USD12.4billion minerals, 12.7% decline compared with the same period in 2015.Among minerals exporting, copper has accounted for largest volume, 2.27billion, with 9.7% going down compared to May, 2015, but 5.0% increase compared with Apr. 2016.
Going back to period from Jan. to Mar, minerals exporting volume ranks second, only belong base metals and products, but with a large amount decrease of 25.8%. Molybdenum is one of main minerals for Chile. With the decreasing trend of minerals, Moly ore may be going through the same trend. Chile Spence molybdenum copper ore has been one of ten largest moly ores in the world.
Chile has been a large molybdenum resource country, whose reserves rank the third all around the world. China has also reserves a lot.
In China, technicians put forward three grades and nine kinds of molybdenum concentrate according to GB3200-89, which is showing as following:
|
Grade |
Category |
Mo,% ≥ |
Impurity, % ≤ |
||||||
|
SiO2 |
As |
Sn |
P |
Cu |
Pb |
CaO |
|||
|
I |
1 |
51 |
7.0 |
0.05 |
0.04 |
0.03 |
0.2 |
0.30 |
2.8 |
|
2 |
51 |
8.5 |
0.03 |
0.02 |
0.02 |
0.2 |
0.15 |
1.4 |
|
|
3 |
51 |
5.0 |
0.10 |
0.10 |
0.05 |
0.5 |
0.60 |
1.5 |
|
|
II |
4 |
47 |
9.0 |
0.07 |
0.07 |
0.05 |
0.3 |
0.40 |
3.0 |
|
5 |
47 |
11.0 |
0.05 |
0.05 |
0.03 |
0.3 |
0.20 |
2.0 |
|
|
6 |
47 |
6.0 |
0.20 |
0.15 |
0.10 |
1.0 |
1.50 |
1.5 |
|
|
III |
7 |
45 |
12.0 |
0.07 |
0.07 |
0.07 |
0.3 |
0.5 |
3.0 |
|
8 |
45 |
13.0 |
0.06 |
0.06 |
0.04 |
0.3 |
0.30 |
2.0 |
|
|
9 |
45 |
6.0 |
0.25 |
0.15 |
0.15 |
1.5 |
1.50 |
2.0 |
|
It is believed that Chile has got its own standard for molybdenum concentrate. The establishment of the standard will help the improvement of the business between Chile and other countries. Under the bad market situation, Chile is also meeting a big challenge. However, it will be better for the world recognize the quality of the minerals from Chile.
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