SMM

SMM August 29 News: According to the official announcement of Baiyin Nonferrous Group Co., Ltd., the company plans to sell 33 mt of crude selenium in September 2025, with the pricing based on a bidding process for premiums and discounts. The minimum premium is set at 100 yuan/mt, and this project requires at least three participants to proceed normally. The registration deadline is 17:00 on September 10, 2025. Bidding will start at 15:00 on September 11, 2025. Given the recent favorable transaction prices of crude selenium tenders, market insiders expect that the outcome of this premium bidding is worth looking forward to.