Yantai Port Ore Terminal Co., Ltd. visited Asian Metal on February 4, 2015. Mr. Zhao Qingguang, manager of Yantai Port talked about the current bauxite market with Mr. Friday Gao, senior analyst of Asian Metal.
According to Mr. Zhao, the bauxite inventory decreased significantly in Yantai port. There are around 7 million tonnes of bauxite in Yantai, including Yantai and Longkou ports, down from 20 million tonnes. The inventory can reach 8 million tonnes at the most in Yantai port, but now there are only around 4 million tonnes.
In addition, Yantai Port also takes part in port building in Guinea and Malaysia, noted by Mr. Zhao.
From left to right: Mr. Zhao Qingguang from Yantai Port; Mr. Friday Gao from Asian Metal
