SMM

SMM News on June 16: According to the official announcement from Jinchuan Group Tonggui Co., Ltd., the company recently launched an open sale of crude selenium produced in June 2025, with an approximate metal content of 28-36 mt, subject to the actual supply quantity by the seller. Typical chemical composition of the product: Se≥90%, packed in one-ton bags, and the product standard conforms to Q/YSJC-CP53-2016. The entity responsible for inquiries and receiving quotations for the crude selenium is Jinchuan Group Tonggui Co., Ltd., which is also the contracting party. The starting bid price for the Se metal content in the crude selenium must be greater than 98,500 yuan/mt (tax included). The weight inspection will be conducted and detected by the seller, and the results will serve as the final basis for settlement. Sampling, preparation, and analysis will be carried out by the seller. The sampling location is within the Tonggui Company's plant, and the seller's testing center will formulate the sampling plan and conduct the sampling, preparation, and analysis work. The delivery location is within the plant of Jinchuan Group Tonggui Co., Ltd. The deadline for submitting the quotation response letter is before 11:30 a.m. on June 17, 2025.