An overview of the battery raw materials markets and their latest price moves.Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ended Friday August 28.China The low end of domestic prices moved up by 50 yuan ($7) per tonne on higher offers and tight spot availability, amid buoyed sentiment...Read More
The raising comprises a $126 million placement at $2.52 per share, a 13% discount to Orocobre's Thursday closing price. The company will issue 50 million shares, representing 18.Read More
The South African gold and platinum group metals producer's small but unexpected ZAR50c/share (US2.95c/sh) interim dividend on 718% higher EBITDA of US$990 million than the same period in 2019, and robust free cash flow of US$655 million came six months early for some analysts."This is equivalent to 15% of normalised earnings and comes ahead of our expectations for a cash dividend reinstatement at...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ended Friday August 28.China The seaborne manganese ore low-grade index was only slightly changed amid low liquidity while market participants had underlying concerns about growing inventories in China. The seaborne price for high-grade ore rose with one producer successfully raising prices, indicating less conce...Read More
Company news EMEAGem Diamonds announces the recovery of a 442ct Type II white diamond from its Letseng mine in Lesotho amid a severely depressed diamond market.Eurasian Resources Group reveals its programme, Momentum-ON, helping the company's employees and their families during COVID-19 by encouraging young people to develop entrepreneurial skills.Ganfeng Lithium reports a difficult first ha...Read More
Fastmarkets copper concentrates treatment charges and refining charges (TC/RC) index stayed largely flat at its multi-year low level from a week ago.The spot market has been relatively quiet this week with smelters buying a handful of clean concentrates parcels in the high $40s, while some deals, with tonnages extending into the fourth quarter this year and first quarter next year, are said to be...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
An overview of the battery raw materials markets and their latest price moves.Read More
The key global scrap markets improved in terms of both sentiment and prices in the week to Friday August 28, after Turkey resumed its deep-sea cargo purchases following a three-week hiatus.Turkey continues to book deep-sea cargoesUS sees liquid activity in spot export marketVietnamese buyers remain keen on bulk cargoes from US West CoastTaiwanese buyers see slowdown in price upswingIndia sentiment...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
The European and United States battery-grade lithium carbonate price fell by 2.9% week on week on Thursday August 27 amid continued poor demand conditions, while the Chinese and seaborne Asian markets held.European, US battery-grade lithium carbonate market dropped 2.9%, ending six weeks of stability. China's battery-grade lithium prices held, with participants waiting for clues on market directio...Read More
Stalking the grasslands and deserts of southern Africa, there's a killer on the prowl.It's a wild cat - the wildest of wild.It's not only the world's deadliest feline but this wild cat is also the single most successful solitary hunter on the planet. And its hunting success can actually teach us a lot about successful investing.I'm not talking about a lion or a tiger. This cat catches its prey fou...Read More
China's Ganfeng Lithium has finalized the acquisition of a majority stake in Minera Exar, the company jointly owned with Argentinian miner Lithium Americas, for the development of the Cauchari-Olaroz lithium project in Argentina, Lithium Americas said on Friday August 28.Minera Exar owns 100% of the Cauchari-Olaroz lithium project located in Jujuy province in northwest Argentina. Following the com...Read More
South American flat-rolled steel import prices ended the week on Friday August 28 showing no clear trend because deals for October-shipment cargoes were very scarce, and customers were still waiting to hear offers for November shipments.Demand was improving in the region from recent lows caused by Covid-19-related restrictions, but market participants believed that consumption had yet to return to...Read More
Indian steel mills were likely to increase their domestic hot-rolled coil prices by about 2,000-3,000 rupees ($27-41) per tonne in September, with local demand for the commodity continuing to grow, Fastmarkets heard on Friday August 28.Officials from two Indian private-sector mills have confirmed that they have already given guidance to their dealers to impose a 2,000-3,000 rupees per tonne price...Read More
Prices for steel hot-rolled coil in the Turkish market increased slightly over the week to Friday August 28, although demand was only moderate, sources have told Fastmarkets.Market participants were not expecting prices to fall because the holiday season was nearing its end and global prices were increasing.Fastmarkets' weekly price assessment for steel hot-rolled coil, export, fob Black Sea, CIS,...Read More
Prices for domestic steel beams in the United States were flat on Thursday August 27, while prices for imported products fell for a second month in a row on weakening demand, sources said.Fastmarkets' assessment for steel beams 8 x 8-inch, fob mill US held at $35.25 per hundredweight ($705 per short ton) on Thursday, unchanged for a fourth consecutive month.Most sources reported that demand was st...Read More
Domestic steel rebar prices in Poland were flat in the week to Friday August 28 in a quiet market, but buyers expected producers to offer higher prices starting from next week, sources have told Fastmarkets.Fastmarkets' latest price assessment for steel reinforcing bar (rebar), domestic, exw Poland, remained at 1,900-1,940 zloty ($509-520) per tonne on August 28, unchanged so far this month.Tradin...Read More